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    OFF-MARKET
    Lifestyle centers

    9805 Rhode Island Ave, College Park, MD 20740

    49,193 SF 9 ac lot Built 1975
    Property ID
    Property summary
    AI-generated overview

    This exceptional 49,193 square foot shopping center, located at 9805 Rhode Island Ave in College Park, Maryland, presents a compelling investment opportunity. Built in 1975 and renovated in 1999, the Class B property boasts a single story design with ample parking (200 spaces). Currently, there are three available retail spaces ranging from 1,000 to 1,200 square feet. The center sits on 9 acres of land with a building floor area ratio (FAR) of 0.12 and is zoned CSC, County. The property is situated in the College Park submarket of North Prince George's County and enjoys a strong tenant base, including MOM's Organic Market, Proteus Bicycles, and Concentra. With 4,009 square feet currently vacant, this presents a unique chance to expand your business or add valuable tenants to an already successful center. The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This is a rare opportunity to acquire a well-established retail center in a thriving community. The property features no elevators.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1975
    Total area 49,193 SF
    Lot 9 ac (392,040 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
    Current use
    Occupant on record · Public records
    • Pizza Roma Restaurant
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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