15704 Mount Oak Rd Bowie, MD 20716
Freestanding retail property in Bowie, MD with established tenants.
Property size:
8,533 SFProperty Features for 15704 Mount Oak Rd
General Information
- Size
- 8,533 SF
Building Details
- Year built
- 1985
Source:
Naiglobal
Listing Agent: Marcus N. Daniels
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Bowie Retail Investment Opportunity
The property at 15704 Mt Oak Rd in Bowie, MD 20716 is an 8,533 square foot one-story free-standing retail investment property. Built in 1985, the building is situated in a commercial area, offering visibility. The property has tenants and provides immediate income. The shopping center is located in the Mt Oak corridor. The property is located in Bowie, Maryland, within Prince George’s County, outside the Washington, D.C. metropolitan area, providing access to a consumer base. It has proximity to major transportation arteries such as Route 50, serving as a hub for regional commerce. The land size is 0.82 acres, which is 35,791 square feet. The building FAR is 0.24. Zoning is C-G-O (Commercial General Office). There are 45 surface parking spaces, with a parking ratio of 5.06 per 1,000 square feet. Tenants include 7-Eleven, Mount Oak Dry Cleaners, Hunan Gardens, M & B Holistic Hair Care, and Tight N Up. The tenants have been in place for over 20 years. The total annualized rent is $283,000, and the net operating income is $189,277.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Bowie
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.7324875
- Latitude
- 38.9262903
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Freestanding retail property in Bowie, MD with established tenants.
Where is this strip mall located?
The property is located at 15704 Mount Oak Rd Bowie, MD.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: - Stable income-producing property with a Net Operating Income (NOI) of $189,277.; - High occupancy with well-established tenants, some in place for over 20 years, providing immediate income.; - Prime location in Bowie, MD, a thriving suburban area with high visibility and access to a diverse consumer base.