Leased Retail Strip
For Sale
Contact for pricing
Pending
8541 Fort Smallwood Rd, Pasadena, MD 21122
Retail strip center with 92% occupancy and a majority of tenants on NNN leases.
Days on Market98
Property Features for 8541 Fort Smallwood Rd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
92%
Additional Details
Traffic Count
17,938 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
SAB Capital
(646) 809-8856
Listed By:
Asher Wenig · License #10301219652
Source:
Crexi
Added: Apr 24
Changed: Jul 23
Last Checked: Jul 29 at 4:39AM
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 SAB Capital
Investment Insights
Based on property information with market context.
This leased retail strip center is positioned along a main corridor serving the Chesapeake Bay area. The property is reported to be 92% leased, with a service-oriented tenant mix and average tenant tenure exceeding 12 years.
According to the listing, 78.5% of tenants operate under NNN leases, which can limit landlord exposure to operating expenses. The center is also described as having 17,938+ vehicles per day, with strong frontage and ease of access.
For context, the property is located at 8541 Fort Smallwood Rd in Pasadena, MD, and is described as being within walking distance of K-12 schools, including Sunset Elementary across the street. The listing also notes proximity to Baltimore/Washington International Airport, Baltimore, and Washington, D.C., supporting established demand for retail services in the area.
According to the listing, 78.5% of tenants operate under NNN leases, which can limit landlord exposure to operating expenses. The center is also described as having 17,938+ vehicles per day, with strong frontage and ease of access.
For context, the property is located at 8541 Fort Smallwood Rd in Pasadena, MD, and is described as being within walking distance of K-12 schools, including Sunset Elementary across the street. The listing also notes proximity to Baltimore/Washington International Airport, Baltimore, and Washington, D.C., supporting established demand for retail services in the area.
Key Highlights
- 92% leased retail strip center with a strong mix of service‑oriented tenants
- 78.5% of tenants operate under NNN leases, limiting landlord exposure to expenses
- Average tenant tenure exceeds 12 years, supporting long‑term commitments to the site
Property Analytics
Current Use
Lease Details
17,938 VPD
Traffic count
92%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 48%
McDonald's
Dining
20,864 visits/mo
0.2 miles
Royal Farms
Shops & Services
19,231 visits/mo
0.1 miles
Dunkin' Donuts
Dining
10,477 visits/mo
0.3 miles
Dollar General
Shops & Services
10,271 visits/mo
0.2 miles
Burger King
Dining
10,220 visits/mo
0.1 miles
Demographics for 21122, MD
62,368
Population
23,624
Households
2.6
Avg Household Size
40
Median Age
32%
College-Educated
93%
High-School Grad
31.4 sq mi
ZIP Area
1,986
Density / Sq Mi
$121,732
Median Household Income
$63,687
Median Earnings
$2,077
Median Rent
$412,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail strip center with 92% occupancy and a majority of tenants on NNN leases.
Where is this strip mall located?
The property is located at 8541 Fort Smallwood Rd Pasadena, MD.
What are key features of this property?
This property features: 92% leased retail strip center with a strong mix of service‑oriented tenants; 78.5% of tenants operate under NNN leases, limiting landlord exposure to expenses; Average tenant tenure exceeds 12 years, supporting long‑term commitments to the site
