4783 Marlboro Pike, Capitol Heights, MD 20743

Coral Hills Shopping Center is an 85,514 square foot grocery-anchored neighborhood center located in Capitol Heights, Maryland. The center is anchored by New Grand Mart, scheduled to open in Fall 2026, with rent commencing no later than November 1st, 2026. The tenant mix includes DaVita, AutoZone, Family Dollar, MetroPCS, and Ace Cash Express, with approximately 65% of income derived from national and chain tenants. The property provides stable cash flow, supported by a 2% CAGR, a WALT exceeding five years, and strong tenant retention, with average occupancy of more than 16 years. The center was previously anchored by Shoppers Food, which achieved sales of approximately $500 per square foot. Inline tenants continued to perform well following Shoppers' closure, with Family Dollar and AutoZone ranking in the 98th and 89th percentiles of their respective chains nationwide. In February 2026, New Grand Mart executed a 10 year "as is" lease to replace Shoppers. The lease is personally guaranteed by the store owner. New Grand Mart is a growing regional grocer known for fresh meat, seafood, and produce, and is positioned to reestablish the center as a primary fresh food destination. The surrounding area lacks a convenient full-service grocer, with the nearest Giant and Safeway located 1.5 miles away. International supermarket brands in the Washington, DC–Baltimore region generated approximately $2.1 billion in sales in 2025.