Turnkey Restaurant
4656 Hotel Dr College Park, MD
For Sale
Contact for pricing
Turnkey restaurant for rent with long-term leasehold.
Property Size9,000 SF
Lot Size41.14 Acres
Price / SF$333.33
Days on Market252
Property Features for 4656 Hotel Dr
General Information
Standard status
Active
Size
9,000 SF
Lot size
41.14 Acres
Property subtype
RETAIL
Properties For Sale
at 4656 Hotel Dr Contact us
Listing Agency:
Winmar Advisory
(301) 674-2245
Listed By:
Dimitri Apostolopoulos
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:55AM
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 Winmar Advisory
Investment Insights
Based on property information with market context.
This property offers a turnkey restaurant operation with a long-term leasehold. The key asking price is $3,000,000. The build-out replacement cost is approximately $6.83 million. The rent obligation is $1 base rent. The property size is 9,000 square feet and is located at 4656 Hotel Dr, College Park, MD.
Key Highlights
- Turnkey operation
- Long‑term leasehold
- $1 Base Rent
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 | $305.6k | $33.96 |
| − Vacancy | −$34.7k | −$3.85 |
| EGI | $271.0k | $30.11 |
| − OpEx | −$67.7k | −$7.53 |
| NOI | $203.2k | $22.58 |
9,000 SF · lease $33.96/SF/yr · vacancy 11.34% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.90M
$2.54M – $3.39M
NOI $203,235 @ 7.0% cap · market cap 6.77%
Second Best
Retail
$2.89M
$2.53M – $3.37M
NOI $202,181 @ 7.0% cap · market cap 6.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Turn key restaurant - Turnkey restaurant for rent with long-term leasehold.
Where is this turn key restaurant located?
The property is located at 4656 Hotel Dr College Park, MD.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Turnkey operation; Long‑term leasehold; $1 Base Rent
