10730 Little Patuxent PkwyColumbia, MD 21044

For Sale
Call for price

Prime MD location, high traffic, strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
92
This freestanding retail property, located at 10730 Little Patuxent Parkway in Columbia, Maryland, offers 12,800 square feet on a 1.21-acre lot. Built in 1977 and zoned NT, County, the property boasts a strong tenant mix including 7-Eleven (with a new lease signed in 2020), Nothing Bundt Cakes, Tropical Smoothie, AMORE nail salon, and Hangry Joe's Hot Chicken. The property benefits from a highly desirable location near the Mall in Columbia, experiencing over 32,000 vehicles daily at a signalized intersection. This prime location is further enhanced by its proximity to Howard Community College (with over 29,000 students and 1,409 employees), Howard General Hospital (employing 1,800 and serving 21,000 patients annually), and numerous residential communities. The average household income within a 3-mile radius is $143,913, indicating a strong consumer base. The property's projected 2024 Net Operating Income (NOI) is $470,000. Columbia's consistent ranking among CNN Money's top 10 best places to live in the United States underscores its thriving business environment and diverse population. This NNN-leased property presents a compelling investment opportunity for discerning buyers seeking a stable, high-performing asset in a premier location. The property's zip code is 21044.

Highlights

  • 2024 Projected NOI: $470,000.
  • 7-Eleven anchored shopping center in Little Patuxent Pkwy, near The Mall in Columbia.
  • High traffic count: Over 32,000 vehicles daily at signalized intersection.
  • Strong demographics: Average household income within 3 miles is $143,913.
  • Proximity to Howard Community College (29,000+ students, 1,409 employees) and Howard General Hospital (1,800 employees, 21,000+ patients).
  • Excellent location in Columbia, consistently ranked among CNN Money's top 10 best places to live.

Property Details for 10730 Little Patuxent Pkwy

Property type
Other retail properties, Individual retail properties
Square Feet
10,000 SF
Year Built
1977
Lot Size (sq. ft)
52,708 SF

Location Insight

City
Columbia
County
Howard
State
Maryland
Latitude
39.2149675
Longitude
-76.8745494
10730 Little Patuxent Pkwy, Columbia, Maryland

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10730 Little Patuxent Pkwy
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