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Off Market
1/8

497 Ritchie Hwy
Severna Park, MD 21146


OVERVIEW

Ritchie Robinson is a 20,000 SF +/- retail center located in Severna Park, Maryland. This community neighborhood strip center provides huge retail exposure to the daily traffic (55,000 + Cars Per Day) passing directly in front each day as they travel toward Rte.10/Rte.100 to 695 and I-97. The center consists of a mix of retail service oriented businesses, including The Donut Shack (an institution in Severna Park), Verizon Wireless, PItaya Mexican Restaurant, Ava Nails, and Magnolia Wellness. Severna Park is a market of its own outside of Annapolis, and is extremely established with the enterprising professionals and savvy-suburbanite demographics. This corridor is full and growing with significant residential and commercial density, A+/blue ribbon schools. Severna Park High School (Blue Ribbon School) In addition, this center is close to a top community college in our market, Anne Arundel Community College (AACC). The property is centrally located at ‘Main & Main’ along Ritchie Highway with providing two forms of ingress/ egress to Ritchie Highway and Asbury Drive. Situated among a strong retail corridor, the asset is surrounded by a premier 5 mile demographic with an average household income of $142,188 and population of 135,795. Strong surrounding demographics contribute to a high demand that outweighs retail supply over a 3 mile radius, not to mention, the high barrier to entry for new retail. Severna Park is expected to continue to increase its density and population.

FOR LEASE DETAILS

PRICE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Ritchie Robinson Plaza

PROPERTY TYPE

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TOTAL BUILDING SIZE

22494

STORIES

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YEAR BUILT

1986

SPRINKLERS

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PARKING SPACES

20

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

03-000-11958800