Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Turn key restaurants

    3754 Crain Hwy, Waldorf, MD 20602

    5,977 SF 1.21 ac lot Built 2007
    Entity Owned 19-yr Hold Absentee Owner Free & Clear
    Property ID
    US40-0048854
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 6,187-square-foot Carrabba's Italian Grill in Waldorf, Maryland. The property boasts a 6.65% cap rate and a substantial net operating income (NOI) of $346,067. Situated on 1.21 acres with 86 parking spaces, this freestanding restaurant benefits from high visibility on Crain Highway (55,221 VPD), offering excellent access. The absolute NNN lease with Bloomin' Brands, Inc. corporate guarantee provides security, featuring approximately 7.4 years remaining on the primary term, plus four 5-year renewal options. Annual rent increases are based on the lesser of 1.75% or 1.7 times the CPI increase. Built in 2007, this location has a proven track record of success, demonstrating a 19% sales increase since 2019. The property is conveniently located 20 miles south of Washington, D.C., in a thriving community within the Washington, D.C. MSA. The asking price is $5,204,020, translating to $841.12 per square foot. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term growth potential.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2007
    Construction WOOD
    Total area 5,977 SF
    Lot 1.21 ac (52,708 SF)
    Zoning code CC
    APN 06-282512
    UPID US40-0048854
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Carrabba's Italian Grill Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.53M
    Blend (final) Blend
    $2.19M
    Owner & transaction history
    Private Restaurant Properties · 19 yrs held
    Private Restaurant Properties
    since 2007
    3 recorded transactions
    2007
    $2.6M
    2006
    $775,000
    2004
    $600,000
    Zoning & alternative use
    CC · Waldorf, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $3.0M +79.6%
    Office building $1.8M +7.5%
    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?”
    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