18115 Georgia Avenue, Olney, MD 20832

Building Details

Tenancy Single More

Listing Agency: Greysteel Company LLC Washington, D.C.

Listed By: Benjamin Wilson · License MD #649631 Show Phone

Source: Crexi

Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 4:13PM

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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 Greysteel Company LLC Washington, D.C.

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Investment Insights

Based on property information with market context.

The property at 18115 Georgia Avenue in Olney, Maryland is offered under an absolute net ground lease. The lease provides for a 10% rent increase on 9/1/2027.

Key Highlights

• Absolute net ground lease
• 10% rent increase scheduled for 9/1/2027

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Chick-fil-A Take-out & Catering

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Hair Salon Restaurant

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,401

Businesses Nearby

533k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 38% Groceries 24% Shops & Services 23% Apparel 7%

Giant Groceries

41,905 visits/mo 0.1 miles

Safeway Groceries

41,883 visits/mo 0.2 miles

T.J. Maxx Apparel

37,806 visits/mo 0.2 miles

Chick-fil-A Dining

36,917 visits/mo 0.1 miles

Harris Teeter Groceries

33,834 visits/mo 0.3 miles

Demographics for 20832, MD

25,969

Population

8,581

Households

3

Avg Household Size

43

Median Age

64%

College-Educated

96%

High-School Grad

9.6 sq mi

ZIP Area

2,705

Density / Sq Mi

$166,892

Median Household Income

$72,309

Median Earnings

$2,429

Median Rent

$601,300

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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Frequently Asked Questions

What type of property is this?

NNN property - An absolute net ground lease includes a scheduled rent adjustment.

Where is this nnn property located?

The property is located at 18115 Georgia Avenue Olney, MD.

What is the asking price?

The asking price for this property is $3,712,500.

What are key features of this property?

This property features: Absolute net ground lease; 10% rent increase scheduled for 9/1/2027