Prime Annapolis location, high visibility, 9,345 SF available
Lot size:
5,339 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
Jennifer Square, located at 163-167 Jennifer Road in Annapolis, Maryland, presents a compelling retail investment opportunity. This one-story, three-building strip center totals 9,345 square feet of available space, ideal for multiple tenants. Currently, 5,339 square feet are vacant, offering significant potential for expansion or new business ventures. The property enjoys a highly visible location across from Annapolis Mall, Maryland's largest mall, anchored by major retailers including Nordstrom, Lord & Taylor, Macy's, Sears, and JCPenney. This proximity benefits from the synergistic effect of the mall's expansion and substantial foot traffic. Jennifer Square's strategic position also makes it a convenient stop for residents of Washington, D.C., and Baltimore traveling to Delaware and Ocean City beaches. Situated in Anne Arundel County, zip code 21401, the property benefits from excellent demographics and a signalized intersection, ensuring high visibility and accessibility. Its location in Annapolis, approximately 29 miles east of Washington, D.C., and 26 miles south of Baltimore, places it within the thriving Baltimore-Washington Metropolitan Area. This prime retail space offers a unique blend of high visibility, strong demographics, and convenient access, making it an attractive investment prospect.
Property Features for 163-167 Jennifer Rd
General Information
Property type
Neighborhood centers
Lease Type
Gross Lease
RSF (Rentable sq. ft)
5,339 SF
Building Details
Buildings
3
Stories
1
Unit(s) available at that property
Space
Suite 6 - former Verizon
Size
5,339 SF
HighLights
High‑traffic location directly across from Annapolis Mall, MD's largest mall, featuring Nordstrom, Lord & Taylor, Macy's, Sears, and JCPenney.
Excellent location in Annapolis, MD, 29 miles east of Washington, DC, and 26 miles south of Baltimore, within the Baltimore‑Washington Metropolitan Area.
High visibility from major roadways.
Strong demographics.
Strategically located at a signalized intersection.
Neighborhood center - Prime Annapolis location, high visibility, 9,345 SF available
Where is this neighborhood center located?
The property is located at 163-167 Jennifer Rd Annapolis, MD.
What are key features of this property?
This property features: High-traffic location directly across from Annapolis Mall, MD's largest mall, featuring Nordstrom, Lord & Taylor, Macy's, Sears, and JCPenney.; Excellent location in Annapolis, MD, 29 miles east of Washington, DC, and 26 miles south of Baltimore, within the Baltimore-Washington Metropolitan Area.; High visibility from major roadways.
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Realmo Value Estimation
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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
163-167 Jennifer Rd Annapolis, MD 21401
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163-167 Jennifer Rd, Annapolis, MD
Shary Thur
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163-167 Jennifer Rd, Annapolis, MD
Shary Thur
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163-167 Jennifer Rd, Annapolis, MD
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163-167 Jennifer Rd, Annapolis, MD
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Shary Thur
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