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    OFF-MARKET
    Neighborhood centers

    7944-7990 Crain Hwy, Glen Burnie, MD 21061

    90,666 SF Built 1975
    Property ID
    Property summary
    AI-generated overview

    This prime retail investment opportunity, East Park Shopping Center, is located at 7944-7990 Crain Highway S in Glen Burnie, Maryland, 21061. The property boasts a total of 90,666 square feet, with a significant 21,000 square feet currently vacant and available for lease. Built in 1975, the center sits on a substantial 20.89-acre lot and offers ample parking with 300 spaces. The property is zoned C3, allowing for a variety of retail uses. Its strategic location along busy I-97 makes it a highly visible and accessible destination for shoppers and commuters traveling between Annapolis and Baltimore. The maximum contiguous space available is 21,000 square feet, ideal for a large anchor tenant or multiple smaller businesses. This shopping center presents a unique chance to establish a strong presence in a thriving retail market. The property's size, location, and existing infrastructure make it an attractive investment for those seeking a high-traffic retail location in Anne Arundel County. The substantial vacant space offers significant potential for redevelopment or expansion. This is a rare opportunity to acquire a well-established retail center in a prime location.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1975
    Total area 90,666 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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