NNN Multi-Tenant Retail
15805 Crain Highway Brandywine, MD 20613
15805 Crain Highway, Brandywine, MD, 20613
Contact for pricing
For Sale
Contact for pricing
Fee simple opportunity featuring 100% occupancy with NNN-structured leases and additional income from on-site signage.
Property Size15,550 SF
Price / SF$728.62
Days on Market92
Property Features for 15805 Crain Highway
General Information
- Standard status
- Active
- Size
- 15,550 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agency
SRS Real Estate Partners McLean
(202) 286-1542
Listed by
Andrew Fallon · License #VA 0225193951
Source
Crexi
Added: Apr 21 Updated: Jul 21 at 7:45AM Checked: Jul 21 at 7:45AM
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.
SRS National Net Lease is pleased to offer the fee simple interest (land and building ownership) in a 100% occupied, multi-tenant retail center operated under NNN lease structures. The center is described as recently constructed with modern architecture and high-quality materials, with minimal near-term capital expenditures anticipated. The offering also includes income generated from an on-site signage installation.
The property is located along U.S. Highway 301 in Brandywine, Maryland, with visibility and access highlighted by a prominent pylon sign and dedicated ingress/egress. Traffic is described as exceeding 104,100 vehicles per day. The center is positioned across from Brandywine Crossing, a 231,000+ square foot power center anchored by Safeway, Xscape Theatres, Marshalls, and CarMax.
Within a five-mile trade area, the remarks cite more than 66,400 residents and 27,700 employees, with an average household income of $174,268 within one mile.
The property is located along U.S. Highway 301 in Brandywine, Maryland, with visibility and access highlighted by a prominent pylon sign and dedicated ingress/egress. Traffic is described as exceeding 104,100 vehicles per day. The center is positioned across from Brandywine Crossing, a 231,000+ square foot power center anchored by Safeway, Xscape Theatres, Marshalls, and CarMax.
Within a five-mile trade area, the remarks cite more than 66,400 residents and 27,700 employees, with an average household income of $174,268 within one mile.
Key Highlights
- Fee simple sale of a multi‑tenant retail center built in 2023
- 100% occupied multi‑tenant retail center with tenants on NNN lease structures
- Additional income from an on‑site signage installation
Local Financial Insights For 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 | $528.1k | $33.96 |
| − Vacancy | −$29.0k | −$1.87 |
| EGI | $499.0k | $32.09 |
| − OpEx | −$149.7k | −$9.63 |
| NOI | $349.3k | $22.46 |
15,550 SF · lease $33.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.99M
$4.37M – $5.82M
NOI $349,324 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.02M
$4.39M – $5.85M
NOI $351,145 @ 7.0% cap · market cap 3.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ZIPS Cleaners
(Bike/Boat/Book/etc) Store
Tropical Smoothie Cafe
Restaurant
Pizza Hut
Take-out & Catering
Brandywine Village Center
Shopping Center & Mall
Navy Federal Credit ...
Credit Union
Similar For Sale Nearby
Similar Off Market Nearby
- Brandywine Crossing — 15802-16004 Robert S. Crain Hwy, Brandywine, MD 20613
- Brandywine Village Center — 15805 Robert S. Crain Hwy, Brandywine, MD 20613
- Cadillac Crossing — 16101 Robert S. Crain Hwy, Brandywine, MD 20613
- Coinstar Kiosk - Bitcoin ATM — 15916 Robert S. Crain Hwy Safeway, Brandywine, MD 20613
FAQs
What type of property is this?
Shopping center - Fee simple opportunity featuring 100% occupancy with NNN-structured leases and additional income from on-site signage.
Where is this shopping center located?
The property is located at 15805 Crain Highway Brandywine, MD.
What is the asking price?
The asking price for this property is $11,330,000.
What are key features of this property?
This property features: Fee simple sale of a multi‑tenant retail center built in 2023; 100% occupied multi‑tenant retail center with tenants on NNN lease structures; Additional income from an on‑site signage installation
