4009 34th St Mount Rainier, MD 20712
Two-story restaurant space in historic Mount Rainier Town Center.
Property Features for 4009 34th St
General Information
- Standard status
- Active
- Size
- 2,300 SF
Listing office Congressional Commercial , LLC (202) 215-6095
Listing date Oct 26, 2024
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Congressional Commercial , LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Fully operational lower level with office, 1/2 bath, built‑in refrigeration, triple sink, and freezer space.
- Updated kitchen featuring new hood and exhaust system, grease trap, and multiple triple and hand sinks.
- Located in the historic Mount Rainier Town Center, known for walkable shops and vibrant arts.
Local Financial Insights For Specialty 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 | $78.1k | $33.96 |
| − Vacancy | −$8.9k | −$3.85 |
| EGI | $69.3k | $30.11 |
| − OpEx | −$17.3k | −$7.53 |
| NOI | $51.9k | $22.58 |