Current Use by Public Records
- Neighborhood centers
Property Details for 5735-5815 Eastern Ave
- Year built
- 1968
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
Riggs Plaza, located at 5735-5815 Eastern Ave in Hyattsville, Maryland, presents a compelling retail investment opportunity. This 95,531 square foot strip center, built in 1968, sits on a 2.83-acre lot and is zoned CSC. The property boasts three suites, offering flexible space options ranging from a minimum of 250 square feet to a maximum contiguous space of 10,000 square feet. Currently, 10,750 square feet of retail space is available for lease. The center enjoys a prominent location in the Chillum submarket of Prince George's County, providing excellent visibility and accessibility. Its strategic position near the border of Maryland and Washington, D.C., ensures a robust customer base. The property's anchor tenant, Giant Foods, further enhances its appeal and draws significant foot traffic. This is an exceptional opportunity to acquire a well-located retail property with significant upside potential in a thriving market. The property's size and layout offer versatility for a variety of retail uses, making it an attractive investment for both established businesses and new ventures. The available space allows for customization to suit individual tenant needs. This is a rare chance to secure a substantial retail presence in a high-demand area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hyattsville
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9947
- Latitude
- 38.9605
