5735-5815 Eastern Ave Hyattsville, MD 20782
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.
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.