For Sale
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Property summary
This exceptional 27,200 square foot retail center in Suitland, Maryland presents a compelling investment opportunity. Situated on a 2.95-acre lot, this fully-leased property boasts seven tenant spaces, generating nearly $410,000 in annual income. Its prime location, approximately one mile from Interstate 495 and directly adjacent to Route 5, ensures high visibility and accessibility for customers. The property benefits from significant traffic volume on these major roadways, making it an attractive destination for both shoppers and businesses. Currently self-managed, the center offers a diverse mix of local tenants. The asking price is $5,500,000, translating to $202 per square foot. While the current rental rates are competitive, there's substantial potential for future revenue growth through property renovations or improvements. This presents a rare chance to acquire a well-established, income-producing retail center in the desirable DMV area, just 10 miles east of Washington, D.C., within Prince George's County. The property's strong location and current occupancy make it an ideal investment for those seeking a stable, high-traffic retail asset with upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Theater & Performing Art Venue Nightclub
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Hair Salon
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Corporate Office
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Church
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Hair Salon
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Suitland market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CGO · Suitland, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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