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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11487 Berry Rd Waldorf, MD 20603

20,142 SF 2.1 ac lot Built 2009
Property ID
Property summary
AI-generated overview

This exceptional 20,142 square foot, single-story Class B retail center, built in 2009, is situated on 2.1 acres of land in Waldorf, Maryland, at 11487 Berry Rd, zip code 20603. The property features multiple tenancies, offering a diverse range of opportunities. Currently, two spaces are immediately available, one ideal for a restaurant at 2,180 square feet and another retail space at 2,617 square feet. The property boasts excellent visibility and accessibility, with road frontage on Route 228 (Berry Rd), benefiting from a high volume of daily traffic (33,082 vehicles per day). Monument signage is available for increased brand awareness. The center enjoys a prime location next to a Wawa Gas Station, ensuring high foot traffic and convenient access for potential customers. Lease rates are in the range of $25-30 per square foot, NNN. Tenants are responsible for their own common area maintenance (CAM), property taxes, utilities, and insurance. This presents a unique opportunity for businesses seeking a well-located and established retail space in a thriving community. Do not disturb tenants.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2009
Total area 20,142 SF
Lot 2.1 ac (91,476 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
  • Clothes Mentor Clothing & Fashion Store
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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