Property summary
This exceptional retail opportunity is located at the highly visible signalized intersection of Route 108 and Route 97 in Olney, Maryland. Two spaces are available, ranging from 2,630 to 2,932 square feet, offering excellent potential for a variety of retail businesses. The property benefits from exceptional signage opportunities, ensuring high visibility and attracting significant foot traffic. This prime location boasts strong co-tenancy with established and successful businesses, including a recently renewed Chipotle (ten-year lease) and a Five Guys, guaranteeing a steady flow of customers. The multiple tenancy structure provides flexibility and allows for a diverse range of businesses to thrive in this vibrant commercial hub. The property's strategic placement at a major intersection ensures maximum exposure to a large and diverse customer base. This is an ideal location for businesses seeking high visibility, strong co-tenancy, and a thriving commercial environment in the bustling Olney community. The spaces are ready for immediate occupancy, presenting a unique opportunity to establish a successful retail presence in a high-demand area of Montgomery County. Don't miss this chance to secure your place in this thriving retail center.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
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Restaurant
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Clothing Store
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 2022Property description
Physical attributes from public recordsZoning & alternative use
CRT2. · Olney, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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