Property profile

5225 Indian Head Hwy Oxon Hill, MD 20745

FOR LEASE
Strip malls
Property ID
US40-0388485
16,105 SF 1.81 ac lot Built 1956
Individually Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Eastover Shopping Center presents a compelling investment opportunity in Prince George's County. This established shopping center boasts a total of 269,619 square feet of retail space, currently featuring a diverse mix of tenants including Giant Food, Rainbow, Rainbow Kids, DTLR, Ashley Stewart, Foot Locker, Dollar Tree, CVS/Pharmacy, Planet Fitness, and Ledo Pizza. The center is strategically located on a major thoroughfare experiencing a high volume of daily traffic (28,500 vehicles per day), ensuring significant visibility and accessibility for businesses. Currently, there are 31,710 square feet of vacant space available, offering flexible options for prospective tenants. Units range from a minimum of 2,200 square feet to a maximum contiguous space of 6,600 square feet, providing adaptability for various retail concepts. Ample parking is available with 1,588 spaces to accommodate customers and employees. This shopping center represents a strong investment opportunity in a vibrant and densely populated area, offering excellent potential for growth and return. The property's existing tenant mix provides a solid foundation for future success, and the available space presents a unique chance to expand the center's offerings and further enhance its appeal to the local community. The center's location on a primary artery ensures high visibility and accessibility, making it an ideal location for a variety of retail businesses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1956
Construction BRICK
Total area 16,105 SF
Lot 1.81 ac (78,943 SF)
Zoning code CGO
APN 12-1307529
UPID US40-0388485

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Tattoo & Piercing Shop

Location

5225 Indian Head Hwy Oxon Hill, MD 20745
Oxon Hill metro Census 801500 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.03M

Owner & transaction history

since 2006
5 recorded transactions
2023
Price N/A
2016
Price N/A
2006
$4.0M
2002
$2.8M
2000
$1.2M

Zoning & alternative use

CGO · Oxon Hill, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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