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19961 Fisher Ave Poolesville, MD 20837

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For Sale
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Multi-tenant retail, high occupancy, strong cash flow

Property size:
58,523 SF

Property Features for 19961 Fisher Ave

General Information

Property type
Lifestyle centers
Square Feet
58,523 SF

Building Details

Year Built
1960
Buildings
2
Stories
1

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Listing Contact
Benjamin Wilson
Benjamin Wilson

Listing Agency: Greysteel Company LLC Washington, D.C. Listing Agent: Benjamin Wilson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 58,523 square foot, multi-tenant retail shopping center and storefront located at 19961 Fisher Avenue in the heart of Poolesville, Maryland. The property boasts two single-story buildings totaling 11,490 net rentable square feet, currently operating at 100% occupancy with three established tenants, including the only hardware store within a 12-mile radius. Built in 1960, this commercially zoned property sits on a 58,523 square foot lot and includes 15 parking spaces. The asking price is $1,550,000, representing a compelling $26.49 per square foot and a 6.83% cap rate. A master lease is available for all three spaces, with a leaseback option and expansion potential. Further income generation opportunities exist through the rental of an additional 27,000+ square feet of land for outside storage or the construction of 9,500+ square feet of additional retail space upon lease expiration. Located in the highly desirable Montgomery County, Poolesville offers an affluent demographic with an average household income exceeding $210,000 and is home to Maryland's top-ranked high school. This property presents a rare chance to acquire a stabilized, high-performing retail asset in a prime location with significant upside potential. APN: 03-00044594, 03-00044583. Lease type is NNN.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Healthy Hub Restaurant All About Equestrian (Bike/Boat/Book/etc) Store Poolesville Hardware & Propane Building Supply Poolesville Hardware & Grocery Grocery & Convenience Store Poolesville Appliance Repair Home Appliance Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Poolesville
County
Montgomery
State
Maryland
Longitude
-77.4171772
Latitude
39.1465055

FAQs

What type of property is this?
Lifestyle center - Multi-tenant retail, high occupancy, strong cash flow
Where is this lifestyle center located?
The property is located at 19961 Fisher Ave Poolesville, MD.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Significant upside potential: Lease Lot 2 (27,000 SF) for outside storage or develop 9,500 SF of additional retail space after master lease expiration.; Exceptional location: Situated in highly desirable Poolesville, MD, boasting a top-ranked high school and average household income exceeding $210,000, offering strong tenant demand.;
(202) 499-4077 Call to check price and availability
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