9370 W & Industrial Parkway w - Retail FOR SALE


La Plata, MD 20646
$5,629,000 USD
914-498-2225
9370 W & Industrial Parkway w, La Plata, MD for Sale
$5,629,000 USD
Retail - FOR SALE
1/4
null | 5.6% Cap Rate

9370 W & Industrial Parkway w
La Plata, MD 20646


HIGHLIGHTS

  • 100% Occupied | NNN Leases | Brand-New Construction | Two Investment Grade Tenants (S&P: BBB)
  • Located Along Arterial Thoroughfare | Dense Retail Corridor |College of South Maryland (5,200 Students)
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

- The site features brand new 2025 construction with modern build quality, low near-term capital needs, and state-of-the-art amenities - The subject property is 100% leased to two investment grade tenants, Sherwin Williams (S&P:BBB) and O’Reilly Auto Parts (S&P: BBB) - Sherwin Williams recently signed a brand new 10 year lease and O’Reilly Auto Parts recently signed a brand new 15 year lease, providing long term income stability and reduced near term rollover risk - Both leases feature scheduled rental increases and are NNN in nature, providing a hedge to inflation and minimizing landlord expense exposure

FOR SALE DETAILS

PRICE

$5,629,000 USD

PRICE/SF

$491 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams & O'Reilly

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

CC

APN/PARCEL ID

06-039006

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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