Fully Leased Storefront
New
For Sale
$1,750,000
7605-7609 MARLBORO PIKE, District Heights, MD 20747
Retail asset with long-term tenants and a lease featuring 5% annual rent escalations.
Property Size3,710 SF
Price / SF$471.70
Days on Market3
Property Features for 7605-7609 MARLBORO PIKE
General Information
Standard status
Active
Size
3,710 SF
Property subtype
Retail
Occupancy
100%
Financials
Asking Price
$1,750,000
Cap Rate
7.32%
Additional Details
Traffic Count
31,000 vehicles/day
Building Details
Building Size
3,710 SF
Year Built
1958
Tenancy
Multi
Listing Agency:
Engel & Volkers Washington, DC
(415) 939-9924
Listed By:
Anita John · License #5018245
(415) 939-9924
Source:
Kerishull
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 8:58AM
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 Engel & Volkers Washington, DC
Investment Insights
Based on property information with market context.
7605-7609 Marlboro Pike is a 3,710-square-foot storefront retail property built in 1958. The asset is fully leased and 100% occupied by long-term tenants, including a nail salon suite with a recently renegotiated lease and 5% annual rent escalations.
The property is positioned along a high-visibility corridor reporting 31,000 VPD and is located within a Prince George's County revitalization zone. The asset offers in-place occupancy, a 7.32% Cap Rate, and a retail configuration with established tenancy. Tenant access should be coordinated in advance, and tenants should not be disturbed.
The property is positioned along a high-visibility corridor reporting 31,000 VPD and is located within a Prince George's County revitalization zone. The asset offers in-place occupancy, a 7.32% Cap Rate, and a retail configuration with established tenancy. Tenant access should be coordinated in advance, and tenants should not be disturbed.
Key Highlights
- 3,710 SF storefront retail property built in 1958
- 100% occupied by long‑term tenants
- Nail salon suite lease includes 5% annual rent escalations
Financial Insights For 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 | $126.0k | $33.96 |
| − Vacancy | −$6.9k | −$1.87 |
| EGI | $119.1k | $32.09 |
| − OpEx | −$35.7k | −$9.63 |
| NOI | $83.3k | $22.46 |
3,710 SF · lease $33.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,343 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $83,778 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
31,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
127k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 19%
Groceries 19%
Home Improvements & Furnishings 1%
Aldi
Groceries
23,686 visits/mo
0.0 miles
Family Dollar
Shops & Services
19,932 visits/mo
0.5 miles
Wells Fargo
Shops & Services
12,220 visits/mo
0.4 miles
Family Dollar
Shops & Services
9,679 visits/mo
0.3 miles
SUBWAY
Dining
8,493 visits/mo
0.4 miles
Demographics for 20747, MD
40,696
Population
17,271
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
5,151
Density / Sq Mi
$72,931
Median Household Income
$48,311
Median Earnings
$1,635
Median Rent
$325,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail asset with long-term tenants and a lease featuring 5% annual rent escalations.
Where is this storefront property located?
The property is located at 7605-7609 MARLBORO PIKE District Heights, MD.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 3,710 SF storefront retail property built in 1958; 100% occupied by long‑term tenants; Nail salon suite lease includes 5% annual rent escalations
