Property profile

10504-10540 Connecticut Ave Kensington, MD 20895

OFF-MARKET
Retail properties & Spaces
51,004 SF 3.17 ac lot Built 1956
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents two buildings comprising the Kensington Shopping Center, totaling 51,004 square feet, situated on a 3.17-acre lot at the highly visible, signalized intersection of Connecticut Avenue and Howard Avenue in historic Kensington, Maryland. Built in 1956 and extensively renovated in 2009, this property offers a blend of retail and office space, currently configured as multiple tenancies. The two-story buildings feature a mix of executive and creative office spaces, ideal for a variety of businesses. Currently, there is 2,146 square feet of vacant space available, including one immediately available 1,540 square foot suite. The property benefits from excellent visibility due to large pylon signage. The location boasts strong area demographics within the vibrant Kensington community. The address is 10504-10540 Connecticut Ave, Kensington, MD 20895, in Montgomery County. While elevators are not present, the two-story building layout offers convenient access. This property presents a unique chance to acquire a well-maintained, established commercial center in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1956
Total area 51,004 SF
Lot 3.17 ac (138,085 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10504-10540 Connecticut Ave Kensington, MD 20895
Kensington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10504-10540 Connecticut Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message