7944-7990 Crain Hwy, Glen Burnie, MD 21061
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.