3900 Bexley Pl - Storefront FOR SALE


Suitland, MD 20746- Suitland - Silver Hill
$5,500,000 USD
571-765-3644
3900 Bexley Pl, Suitland, MD for Sale
$5,500,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

3900 Bexley Pl
Suitland, MD 20746
Suitland - Silver Hill


HIGHLIGHTS

  • Fully-leased Strip Mall
  • Located Right off I-495 and Route 5
  • Only 10 Miles from Washington, DC
  • Ideal Value-Add Offering
  • Ample Parking
  • Pylon Signage

OVERVIEW

Bexley Place Shopping Center, represents a rare opportunity to acquire 27,200 SF neighborhood retail center in the DMV area. Located in Suitland, Maryland of Prince George's County, approximately 10 miles East of Washington, DC. The property features 7 fully-leased spaces about a mile off of Interstate Highway 495 and mere feet from Route 5. This provides key access to roads with high vehicle traffic, with an easily accessible and attractive location. Currently, the property is self-managed featuring an assortment of local tenants. There remains significant potential to renovate or improve the property to increase the rental rates for tenants. However, even with the low rental rates currently offered in the shopping center, this fully-leased property provides the owner with an annual income of almost $410,000.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bexley Place Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

128,066 SF

ZONING

CSC

APN/PARCEL ID

06-0488635

ASK ABOUT THIS PROPERTY

Bakh SafarovDivaris Real Estate, Inc.More Info
571-765-3644

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Bakh SafarovDivaris Real Estate, Inc.More Info
571-765-3644

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