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    7041 Martin Luther King Jr Hwy Hyattsville, MD 20785

    Sponsored
    For Lease
    Contact for pricing

    Prime Hyattsville retail space available. Five suites.

    Lot size:
    14,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents itself in the form of the King Shopping Center, a 14,840 square foot shopping center located at 7041 Martin Luther King Jr Hwy in Hyattsville, Maryland, 20785. Currently, the entire center, encompassing all five suites, is available for lease, presenting a unique chance for a single tenant to occupy the entire space or for multiple tenants to occupy individual suites. The minimum leasable space is 840 square feet, while the maximum contiguous space available is 6,300 square feet, offering flexibility for businesses of various sizes. The property is situated in Prince George's County and benefits from its high-traffic location on Martin Luther King Jr Highway. This presents a significant advantage for businesses seeking high visibility and accessibility. The entire 14,840 square feet is currently vacant, providing a blank canvas for a new retail venture or a strategic expansion for an existing business. This is a rare opportunity to secure a substantial retail presence in a thriving Maryland community. Interested parties are encouraged to inquire for further details and leasing options.

    Property Features for 7041 Martin Luther King Jr Hwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,840 SF

    Unit(s) available at that property

    Space
    Inline 12B
    Size
    840 SF
    Space
    Pad A
    Size
    2,000 SF
    Space
    Available
    Size
    4,500 SF
    Space
    Available
    Size
    6,300 SF
    Space
    Available
    Size
    1,200 SF

    HighLights

    • 14,840 SF retail center available for lease in Hyattsville, MD.
    • High‑traffic location on Martin Luther King Jr. Highway with 33,914 cars per day.
    • Anchored by Shoppers and CVS.
    • Less than one mile from Maryland 50 Industrial Park, home to major businesses including Pepsi Bottling Group and Whole Foods distribution center.
    • Located near FedEx Field.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor King Shopping Center Shopping Mall CVS Drug Store CVS Pharmacy Pharmacy CDReload Instant Bitcoin Crypto Atm

    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
    Hyattsville
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8832658
    Latitude
    38.914982

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Hyattsville retail space available. Five suites.
    Where is this lifestyle center located?
    The property is located at 7041 Martin Luther King Jr Hwy Hyattsville, MD.
    What are key features of this property?
    This property features: 14,840 SF retail center available for lease in Hyattsville, MD.; High-traffic location on Martin Luther King Jr. Highway with 33,914 cars per day.; Anchored by Shoppers and CVS.
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    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
    7041 Martin Luther King Jr Hwy Hyattsville, MD 20785
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