3728 Crain Hwy Waldorf, MD 20603-4888
This exceptional investment opportunity presents a 100% occupied, four-tenant shopping center in Waldorf, MD, totaling 8,485 square feet on a 1.068-acre lot. The property boasts a strong tenant lineup including Starbucks (drive-thru), Aspen Dental, Jersey Mike's, and Crumbl Cookies, all under NNN leases with credit-rated tenants and corporate guarantees. Each tenant has a remaining lease term of at least eight years, with options to extend. The property features 40 parking spaces and is situated on a signalized, hard-corner intersection of a major retail corridor with high daily traffic counts (79,400 vehicles). The location benefits from excellent visibility and proximity to other national retailers, including Walmart, Sam's Club, Target, and Lowe's, as well as a large regional mall. The strong demographics of the area, with a high average household income ($132,925) and significant residential population, ensure a robust consumer base. The property's current NOI is $400,463, yielding a 6.25% cap rate at an asking price of $6,408,000 ($755.22/sq ft). The property is zoned Community Commercial (CC) and offers a fee simple ownership structure (land and building). The presence of a nearby Kaiser Permanente medical center under construction further enhances the long-term value and stability of this investment. This is a rare opportunity to acquire a well-positioned, high-performing retail asset with significant upside potential.
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Aspen Dental - Waldorf, MD Dental Office
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Starbucks Cafe & Coffee Shop
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Crumbl - Waldorf Bakery Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Waldorf, MDCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.