5404 Marlboro Pike District Heights, MD 20747
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 5404 Marlboro Pike
- Year built
- 1986
- Property type
- Retail properties
Description
This exceptional retail opportunity is located at 5404 Marlboro Pike in Prince George's County, Maryland, a high-traffic area with excellent visibility. The property, built in 1986, offers two distinct leasing options. First, a 1,850 square foot space, previously a hair salon, is available for lease starting June 30, 2024. Secondly, a 3,000 square foot drive-through pad is available for redevelopment, presenting a unique chance to create a customized retail space. This prime location benefits from its proximity to major thoroughfares, including Marlboro Pike (22,643 ADT), Brooks Drive (14,833 ADT), Walker Mill Road (22,940 ADT), and Pennsylvania Avenue (25,821 ADT), ensuring high daily traffic counts and significant exposure to potential customers. The area boasts a dense population of 180,000 within a three-mile radius, providing a substantial customer base. Furthermore, the property is conveniently located near several established shopping centers, including The Shops at District Heights (90,000 square feet GLA), Penn Station (245,000 square feet GLA), and Silver Hill Plaza (120,000 square feet GLA), offering synergistic benefits and increased foot traffic. This property is ideal for a variety of retail uses and presents a compelling investment opportunity in a thriving commercial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- District Heights
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9149
- Latitude
- 38.8647
