15700-15710 Mount Oak Rd Bowie, MD 20716
Freestanding retail property with established tenants and immediate income.
Property size:
8,533 SFLot size:
1.16 AcresProperty Features for 15700-15710 Mount Oak Rd
General Information
- Size
- 8,533 SF
- Lot size
- 1.16 Acres
Source:
Moodyscre
Listing Agent: Marcus N. Daniels
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Investment Property For Sale
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.
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Bowie
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.7326393
- Latitude
- 38.9263569
Nearby Similar for Sale
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.