3754 Crain Hwy, Waldorf, MD 20602
For Sale
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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.
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Carrabba's Italian Grill Restaurant
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, MDWaldorf. Always verify with local authorities before improvements.
Costs & 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.