Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2950 Donnell Dr Forestville, MD 20747

    For Lease
    Contact for pricing

    Prime Retail Space Available in MD

    Lot size:
    378,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Penn Mar Shopping Center, located at 2950 Donnell Dr, Forestville, MD 20747, presents a compelling investment opportunity in a thriving Prince George's County retail market. This established shopping center offers a total of 378,205 square feet of retail space, divided into ten suites. The property boasts a diverse range of tenancy options, making it ideal for a variety of businesses. Currently, there are 24,668 square feet of vacant space available, offering significant potential for expansion and customization. Units range in size from a minimum of 1,196 square feet to a maximum contiguous space of 5,865 square feet, providing flexibility for businesses of various scales. The property's strategic location in Forestville, Maryland ensures high visibility and accessibility for customers. This is an exceptional opportunity to acquire a well-positioned retail center with significant upside potential. The property is currently available for lease, offering a chance to secure a prime location in a growing market. Interested parties are encouraged to inquire for further details and leasing options. The property's address is easily accessible and well-suited for a variety of retail uses. The available space presents a unique opportunity to establish or expand a business within a well-established shopping center.

    Property Features for 2950 Donnell Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    378,205 SF

    Unit(s) available at that property

    Space
    Suite 4
    Size
    1,200 SF
    Space
    Suite 21
    Size
    3,000 SF
    Space
    Suite 23
    Size
    4,000 SF
    Space
    Suite 25
    Size
    1,200 SF
    Space
    Suite 26
    Size
    1,500 SF
    Space
    Suite 35
    Size
    5,865 SF
    Space
    Suite 37
    Size
    2,507 SF
    Space
    Suite 54
    Size
    1,196 SF
    Space
    Suite 46
    Size
    2,600 SF
    Space
    Suite 43
    Size
    1,600 SF

    HighLights

    • Shoppers Food Warehouse anchored center.
    • Excellent highway access via I‑95, I‑495, and I‑295.
    • Surrounded by 15,500 new multifamily units within a 4‑mile radius.
    • Located in a thriving tourist economy east of Washington, DC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Forestville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8841666
    Latitude
    38.8491158

    Nearby Similar for Lease

    • Contact for pricing
      87,645 SF

      Premier Industrial Property in Forestville

      87,645 SF industrial space on 6 acres for lease.
      7917 Fernham Ln, Forestville, MD 20747
      View Details
    • Contact for pricing
      176,244 SF

      Renovated Warehouse with Expansion Potential

      Recently renovated warehouse with expansion and easy highway access.
      3300 Marlo Ln, Forestville, MD 20747
      View Details
    • Contact for pricing
      176,244 SF

      Industrial Space with Expansion Potential

      176,244± SF available with expansion, docks, and storage.
      3300 Marlo Ln, Forestville, MD
      View Details
    • Contact for pricing
      1,565 SF

      Forestville Retail Space For Lease

      Prime 1,565 SF Retail Space in Forestville, MD
      3550 Donnell Dr, Forestville, MD 20747
      View Details
    • Contact for pricing
      3,633 SF

      Forestville Warehouse Space Available

      Climate-controlled warehouse space with ample loading near Capital Beltway.
      8008-8086 Cryden Way, Forestville, MD
      View Details
    • Contact for pricing
      1,196 SF

      Retail Space in Forestville Center

      Retail space available in a high-traffic Forestville shopping center.
      2050-2950 Donnell Dr, Forestville, MD
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space Available in MD
    Where is this lifestyle center located?
    The property is located at 2950 Donnell Dr Forestville, MD.
    What are key features of this property?
    This property features: Shoppers Food Warehouse anchored center.; Excellent highway access via I-95, I-495, and I-295.; Surrounded by 15,500 new multifamily units within a 4-mile radius.
    Request Owner's contact information
    2950 Donnell Dr Forestville, MD 20747
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2950 Donnell Dr
    Forestville, MD 20747
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2950 Donnell Dr Forestville, MD 20747
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.