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15700-15710 Mount Oak Rd Bowie, MD 20716

For Sale
$3,750,000

Freestanding retail property with established tenants and immediate income.

Property size:
8,533 SF
Lot size:
1.16 Acres

Property Features for 15700-15710 Mount Oak Rd

General Information

Size
8,533 SF
Lot size
1.16 Acres

Source: NAI Michael 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

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bowie
County
Prince George's
State
Maryland
Longitude
-76.7326393
Latitude
38.9263569

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.
More about this property
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