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    2045 University Blvd Hyattsville, MD 20783

    Sponsored
    For Lease
    $26 SF/Yr

    Class A medical & retail suites available.

    Lot size:
    42,626 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional four-story, Class A medical building, totaling 42,626 square feet, offers a prime leasing opportunity in Hyattsville, Prince George's County. Located at 2045 University Blvd, this newly renovated (2020) property boasts ample parking and provides convenient access to major highways, bus lines, and the future Purple Line, ensuring easy commutes for staff and patients. The building features multiple tenancies, with four available spaces ranging from a minimum of 1,478 square feet to a maximum contiguous space of 10,925 square feet. A total of 17,021 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The building is ideally situated to serve the surrounding communities of Takoma Park and the University of Maryland. The property is perfect for medical practices or retail businesses seeking a modern, well-maintained space in a high-traffic location. Units are built-to-suit, allowing for customization to meet specific tenant needs. This is a rare opportunity to secure high-quality space in a thriving area. Contact us today to learn more about leasing options and availability.

    Property Features for 2045 University Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,626 SF
    Class
    A
    Total Rate
    92356.33

    Building Details

    Year Renovated
    2020
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 202
    Size
    2,006 SF
    Rate per SF
    $26
    Space
    Suite 203
    Size
    1,478 SF
    Rate per SF
    $26
    Space
    Suite 205
    Size
    2,612 SF
    Rate per SF
    $26
    Space
    Lower Level Retail - Subdividable
    Size
    10,925 SF
    Rate per SF
    $26

    HighLights

    • Class A, 42,626 SF medical office and retail building in Prince George's County.
    • Multiple tenancy with 17,021 SF currently vacant.
    • Spaces available from 1,478 SF to 10,925 SF contiguous.
    • Newly renovated in 2020, four‑story building.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Priyanka Patel Optometrist JOEL M ENGELSTEIN Ophthalmologist NATHANIEL MCKAY Optometrist Rolande Judith Tameghe Dentist Rebound Chiropractic and Sports ... Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -76.97677585
    Latitude
    38.98236934

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    FAQs

    What type of property is this?
    Medical office - Class A medical & retail suites available.
    Where is this medical office located?
    The property is located at 2045 University Blvd Hyattsville, MD.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Class A, 42,626 SF medical office and retail building in Prince George's County.; Multiple tenancy with 17,021 SF currently vacant.; Spaces available from 1,478 SF to 10,925 SF contiguous.
    Request Owner's contact information
    2045 University Blvd Hyattsville, MD 20783
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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
    2045 University Blvd Hyattsville, MD 20783
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