202-286-1542
3716 Crain Hwy, Waldorf, MD for Sale
Storefront - FOR SALE
1/10
null | Request Cap Rate

3716 Crain Hwy
Waldorf, MD 20603
St. Charles


HIGHLIGHTS

  • 93% Occupied | Recent 10-Year Leases Signed | 8.1 Year Walt
  • Strong Demographics in 5-Mile Trade Area | $100M Kaiser Facility
  • Signalized, Hard Corner Intersection | Excellent Visibility

OVERVIEW

SRS Capital Markets is pleased to present the opportunity to acquire the Waldorf Park In-Line Shops, a 22,425 square foot, high-quality multi-tenant retail strip center located in Waldorf, Maryland, a rapidly growing suburb of the Washington, D.C. metropolitan area. The property is currently 93% leased to a curated mix of essential, service-oriented, and exclusive lifestyle tenants. A total of 12 tenants occupy 20,779 square feet, with one suite totaling 1,646 square feet (7% of GLA) currently vacant, providing investors with near-term upside through lease-up. The tenant lineup is anchored by multiple recently executed 10-year leases, reflecting strong tenant demand and long-term commitment to the site. All the tenants operate under NNN leases and reimburse both management and administrative fees, significantly reducing expense leakage and providing efficient cash flow for a future investor. The in-place leases feature annual contractual rent increases of 2% to 3.5%, and the asset boasts a strong weighted average lease term (WALT) of 8.1 years.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waldorf Park Inline Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

104

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

PUD

APN/PARCEL ID

06-033024,06-360926

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.