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Two-Tenant Net Lease Retail Redevelopment
For Sale
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Pending

3500 Donnell Dr, Forestville, MD 20747

Brand-new redevelopment offers two net-leased retail units with a new roof and warranty.

Days on Market111

Property Features for 3500 Donnell Dr

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 58,500 vehicles/day

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners McLean
Listed By: Andrew Fallon · License #PA RSR006585
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 30 at 5:51AM

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 SRS Real Estate Partners McLean

Investment Insights

Based on property information with market context.

This brand-new retail redevelopment includes more than $1M in buildout and improvements and is structured as a two-tenant investment with 10-year net leases. The lease terms include 2% annual rent increases, and tenants are responsible for management and administrative fees. The property also features a new roof with warranty.

The space is located within Penn Mar Shopping Center and sits at Forestville’s 58,500 VPD retail hub. The center includes established retailers such as Target, Walgreens, Raising Cane’s, Starbucks, Wendy’s, Taco Bell, Five Below, and JC Penny, among others.

The surrounding trade area is supported by a 5-mile population of over 293,000 and an average household income of $99,615 within a 3-mile radius. Ronald Reagan Washington National Airport and Washington, DC are approximately 26 minutes away.

Key Highlights

  • Brand‑new redevelopment with $1M+ buildout and improvements
  • Two net‑leased retail units with 10‑year leases and 2% annual rent increases
  • New roof includes warranty

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

58,500 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby
598k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 19% Superstores 17% Apparel 15%
Target Superstores
99,582 visits/mo 0.2 miles
Shoppers Food & Pharmacy Groceries
51,700 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
38,265 visits/mo 0.1 miles
Burlington Apparel
32,276 visits/mo 0.2 miles
McDonald's Dining
30,933 visits/mo 0.3 miles

Demographics for 20747, MD

40,696
Population
17,271
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
5,151
Density / Sq Mi
$72,931
Median Household Income
$48,311
Median Earnings
$1,635
Median Rent
$325,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Forestville Plaza Shopping Center — 7702 marlboro pike, forestville, md 20747
  • Penn Mar Shopping Center — 2950 Donnell Dr, Forestville, MD 20747
  • Forestville Plaza — 7702 Marlboro Pike, District Heights, MD 20747
  • Coin Cloud Bitcoin ATM — 3700 Donnell Dr, District Heights, MD 20747
  • Centre at Forestville — 3393 Donnell Dr, Forestville, MD 20747

Frequently Asked Questions

What type of property is this?
Shopping center - Brand-new redevelopment offers two net-leased retail units with a new roof and warranty.
Where is this shopping center located?
The property is located at 3500 Donnell Dr Forestville, MD.
What are key features of this property?
This property features: Brand‑new redevelopment with $1M+ buildout and improvements; Two net‑leased retail units with 10‑year leases and 2% annual rent increases; New roof includes warranty
(202) 286-1542 Call to check price and availability
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