For Lease
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Property summary
Beacon Square, located at 2500 Riva Rd in Annapolis, MD (zip code 21401), presents a significant retail investment opportunity. This multi-tenant retail center in Anne Arundel County boasts a substantial 93,395 square feet of total building space, currently featuring only 1 square foot of vacant space, indicating high occupancy. The property offers ample parking with 428 spaces, ensuring convenient access for customers and employees. Its strategic location on Riva Road provides excellent regional accessibility, making it an attractive destination for businesses and shoppers alike. The property's classification as a retail center within the broader retail property type suggests a diverse range of potential tenants and revenue streams. The high occupancy rate underscores the property's desirability and strong tenant base. This Annapolis location offers a thriving market with significant foot traffic and visibility, making it an ideal investment for those seeking a stable and profitable retail asset. The property's size and parking capacity cater to a wide variety of retail businesses, from smaller boutiques to larger anchor tenants. With minimal vacancy, this property represents a low-risk, high-reward investment opportunity in a prime Annapolis location. The address is easily accessible from major roadways, enhancing its appeal to both local and regional customers. This is a rare opportunity to acquire a well-established and highly sought-after retail center in a dynamic market.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Building Supply
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Pharmacy
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Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store Pharmacy
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
TC · Annapolis, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for TC in Annapolis, MD.
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