Building Details

Year built 1989

Building materials Brick, Block

Listing Agency: e Venture LLC b***@hotmail.com Show Phone

Listed By: Elizabeth J Millett-Yesford · License #634007 Show Phone

Added: Jul 20 Changed: Aug 2 Last Checked: Aug 17 at 12:06AM

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MLS# MDCH2057472

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fully leased neighborhood shopping center at 351 Smallwood Drive is designed for steady retail occupancy and tenant mix. The property includes updated laminate flooring and a new roof, along with ample on-site customer parking for convenient access.

Constructed with brick and block materials and built in 1989, the center is served by forced-air heating and central air conditioning. CAM (Common Area Maintenance) is included in the rental rate, which can help simplify operating cost predictability for tenants.

Positioned on Smallwood Drive in Waldorf, the center offers convenient connectivity to major transportation corridors, including US Route 301 (Crain Highway) and MD Route 5 (Leonardtown Road). The surrounding area includes established residential communities and a range of nearby services and destinations.

Key Highlights

• Fully leased neighborhood shopping center with updated laminate flooring
• New roof and ample on‑site customer parking
• Brick and block construction built in 1989

Property Analytics

Property Profile

Current Use

Grille No.13 Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Accounting Firm Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

474

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 20602, MD

28,736

Population

10,899

Households

2.6

Avg Household Size

36

Median Age

28%

College-Educated

95%

High-School Grad

14.5 sq mi

ZIP Area

1,982

Density / Sq Mi

$108,733

Median Household Income

$56,893

Median Earnings

$1,803

Median Rent

$360,800

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Fully leased neighborhood shopping center with updated laminate flooring, a new roof, and CAM included in the rental rate.

Where is this shopping center located?

The property is located at 351 SMALLWOOD Drive Saint Charles, MD.

What is the lease rate?

The lease rate is $3,963/Mo.

What are key features of this property?

This property features: Fully leased neighborhood shopping center with updated laminate flooring; New roof and ample on‑site customer parking; Brick and block construction built in 1989