Grocery-Anchored Shopping Center For
4783 Marlboro Pike, Capitol Heights, MD 20743
Neighborhood shopping center anchored by New Grand Mart.
Type:Retail
Property size:
85,514 SF- Added:
- May 12, 2026
- Days on Market:
- 21
- Last Refresh:
- May 14 at 9:36 pm
Property Features for 4783 Marlboro Pike
General Information
- Standard status
- Active
- Size
- 85,514 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing agent Dean Zang License #MD 665335
Listing office Marcus & Millichap - Washington, D.C.
Listing date May 12, 2026
Source Crexi
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 Marcus & Millichap - Washington, D.C.
HighLights
- Grocery‑anchored neighborhood center with New Grand Mart (opening Fall 2026) as the anchor tenant.
- Stable cash flow supported by a 2% CAGR and a WALT exceeding five years.
- Strong tenant retention with average occupancy of more than 16 years.
- Creditworthy tenant mix including DaVita, AutoZone, Family Dollar, MetroPCS, and Ace Cash Express, with approximately 65% of income derived from national and chain tenants.
- Strong performance of inline tenants, even after previous anchor's closure, indicating a robust location.
- Limited competition from full‑service grocers in the immediate trade area.
Overview
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.
Location Intelligence
Current Use by Public Records
Forest Laundromat
(Bike/Boat/Book/etc) Store
Similar Places Nearby
- Coinstar Kiosk - Bitcoin ATM — 4801 Marlboro Pike SuperValu, Capitol Heights, MD 20743
- Coral Hills Shopping Center — 4821 Marlboro Pike, Capitol Heights, MD 20743
Location Insight
- Map
- Local Demand
- City
- Capitol Heights
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9317892
- Latitude
- 38.8725578
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Neighborhood shopping center anchored by New Grand Mart.
Where is this shopping center located?
The property is located at 4783 Marlboro Pike Capitol Heights, MD.
What are key features of this property?
This property features: Grocery‑anchored neighborhood center with **New Grand Mart** (opening Fall 2026) as the anchor tenant.; Stable cash flow supported by a 2% CAGR and a WALT exceeding five years.; Strong tenant retention with average occupancy of more than 16 years.
