7311 Ritchie Hwy, Glen Burnie, MD 21061
This exceptional retail property, located at 7311 Gov Ritchie Hwy in Glen Burnie, Maryland, offers 20,325 square feet of space in a single-story building constructed in 1967. Currently, a portion of the building (11,395 square feet) is vacant, presenting a significant opportunity for a new tenant. The existing tenant, Pep Boys, occupies the remaining space under a long-term ground lease and will continue its tire and auto repair operations. The vacant space, previously used for parts sales, is ideal for a variety of uses. Potential tenants include medical facilities (dialysis or plasma centers), daycare centers (for children or pets), discount retailers, furniture stores, tool and hardware stores, and automotive businesses that do not directly compete with the existing tenant's services. Examples of suitable automotive businesses include collision centers, auto glass repair shops, or auto parts stores that offer a different product line. The property is situated in Anne Arundel County, Maryland, with convenient access via Ritchie Highway (zip code 21061). Negotiable cash allowances may be available for suitable tenants, contingent upon a rent structure that ensures a fair return on investment for the property owner. The available space ranges from approximately 3,200 to 11,500 square feet, offering flexibility for various business needs.
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Auto Plus Auto Parts Auto Parts Store
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Pep Boys (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.