Property summary
This exceptional 68,318-square-foot freestanding retail building presents a unique investment opportunity in the thriving Germantown Town Center, Maryland. Situated on a 7.01-acre lot, the property boasts an impressive 587 dedicated surface parking spaces, ensuring ample convenience for customers. Previously operating as a 14-auditorium movie theater with a seating capacity of 2,786, this versatile space offers significant potential for redevelopment or adaptive reuse. The property's zoning is CR, and its prime location offers exceptional visibility and accessibility. Located directly off heavily trafficked I-270 (119,661 vehicles per day) and Route 118, this location provides unparalleled access for both local and regional customers. Germantown is a dynamic suburban market with a strong economy, diverse businesses, and a high concentration of affluent residents. This property's size, parking, and location make it an ideal candidate for a variety of retail uses, capitalizing on the high traffic counts and strong demographics of the area. The two-story building offers substantial space for a wide range of retail concepts, providing a significant opportunity for a discerning investor or business owner seeking a prominent presence in a highly desirable market. The property's existing infrastructure, including the ample parking, provides a solid foundation for a successful venture.
Property profile
VerifiedCap rate & NOI
Current use
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Cinema Theater & Performing Art Venue
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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