Stabilized Retail Investment
1 750 000 $US
- ~345 m² Surface totale
- ~345 m² Surface habitable
Description
UPDATE: Newly renegotiated lease with 5% escalation | 7.32% Cap Rate
Available for the first time in 70 years, 7605-7609 Marlboro Pike is a ±3,710 SF fully-leased retail asset offering immediate, high-performance cash flow. The property is 100% occupied by long-term tenants, recently bolstered by a newly renegotiated lease for the nail salon suite featuring 5% annual rent escalations. This lease structure provides a superior yield-on-cost and protection against inflation, supporting a robust 7.32% Cap Rate at the $1,750,000 list price.
Positioned on a high-visibility corridor (31,000 VPD) within a Prince George’s County revitalization zone, the asset has maintained a legendary 0% vacancy rate under family ownership since 1956. This is a premier 1031 exchange opportunity, offering rare stability combined with aggressive rental growth.
For investors, this translates into a compelling profile:
- In-place income today
- Basis below replacement cost in a transitioning corridor
- Exposure to a multi-year redevelopment initiative backed by local planning authorities
Please do not disturb tenants. Notify advisor if you require access inside each shop.
Détails de la propriété
- Type de bien
Boutique
- Emplacements de parking
20
- Surface totale
~345 m²
- Surface habitable
~345 m²
Votre agence
Engel & Völkers
Fournisseur :
Greenline Real Estate LLC
Politique de confidentialité du fournisseur
Franchisé Engel & Völkers Americas, Inc.