Retail Investment Property For
15700-15710 Mount Oak Rd Bowie, MD
15700-15710 Mount Oak Rd, Bowie, MD, 00000
Contact for pricing
For Sale
Contact for pricing
Freestanding retail property with established tenants and immediate income.
Property Size8,533 SF
Lot Size1.16 Acres
Price / SF$439.47
Days on Market707
Property Features for 15700-15710 Mount Oak Rd
General Information
- Standard status
- Active
- Size
- 8,533 SF
- Lot size
- 1.16 Acres
- Property subtype
- RETAIL
Listing Agency
NAI Michael
(301) 275-4005
Listed by
Marcus N. Daniels · License #660771
(301) 275-4005
Source
Moodyscre
Added: Aug 12, 2024 Checked: Jul 19 at 4:33 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Michael
Investment Insights
Based on property information with market context.
This 8,533 square foot, one-story freestanding retail investment property is located at 15704 Mt Oak Rd in Bowie, MD 20716. Built in 1985, the building is situated in a commercial area with prime visibility. The property sits on a 0.82-acre lot, equivalent to 35,791 square feet, with a building FAR of 0.24. Zoned C-G-O (Commercial General Office), the property includes 45 surface parking spaces, a ratio of 5.06 spaces per 1,000 square feet. The shopping center is located in the Mt Oak corridor and has served local residents for many years. The property has established tenants, some of whom have been in place for over 20 years. Tenants include 7-Eleven, Mount Oak Dry Cleaners, Hunan Gardens, M & B Holistic Hair Care, and Tight N Up. The total annualized rent is $283,000, with a net operating income of $243,351.61, offering investors an opportunity for stable returns in the retail sector.
Key Highlights
- High Net Operating Income: $243,351.61 annually.
- Strong Tenant History: Well‑established tenants, some in place for over 20 years.
- Prime Location: Exceptional commercial area with prime visibility.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $289.8k | $33.96 |
| − Vacancy | −$32.9k | −$3.85 |
| EGI | $256.9k | $30.11 |
| − OpEx | −$64.2k | −$7.53 |
| NOI | $192.7k | $22.58 |
8,533 SF · lease $33.96/SF/yr · vacancy 11.34% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.75M
$2.41M – $3.21M
NOI $192,690 @ 7.0% cap · market cap 5.14%
Second Best
Retail
$2.74M
$2.40M – $3.19M
NOI $191,690 @ 7.0% cap · market cap 5.11%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Freestanding retail property with established tenants and immediate income.
Where is this strip mall located?
The property is located at 15700-15710 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: High Net Operating Income: $243,351.61 annually.; Strong Tenant History: Well‑established tenants, some in place for over 20 years.; Prime Location: Exceptional commercial area with prime visibility.
