Property profile

798 Sunburst Hwy Cambridge, MD 21613

FOR LEASE
Retail space
Property ID
US40-1597838
11,050 SF 1.31 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
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798 Sunburst Hwy, Cambridge, MD 21613 For Lease
Contact for pricing 11,050 SF available
798 Sunburst Hwy, Cambridge, MD 21613
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Property summary

AI-generated overview

This exceptional retail property, located at 798 Sunburst Highway in Cambridge, Maryland, presents a unique investment opportunity. The building, formerly a Rite Aid, boasts a substantial 11,050 square feet of leasable space, ideal for a variety of retail uses. Its single-tenant configuration offers streamlined management and potential for long-term lease agreements. The property's prime location in Cambridge, MD, zip code 21613, ensures high visibility and accessibility for customers. The address is easily identifiable and situated within a well-established commercial area, benefiting from existing infrastructure and convenient access to major roadways. This presents a significant advantage for businesses seeking a strong foothold in a thriving market. The building's spacious layout provides ample room for retail displays, storage, and customer service areas. The property is available for lease, offering a flexible and adaptable space to suit the needs of a diverse range of businesses. With its strategic location and substantial square footage, this property represents a compelling opportunity for businesses seeking to establish or expand their presence in the Cambridge, Maryland market. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is situated at latitude 38.559209 and longitude -76.0601317. Further details are available upon request.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Construction BRICK
Total area 11,050 SF
Lot 1.31 ac (57,064 SF)
Zoning code C-2
APN 07-165269
UPID US40-1597838

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
  • Atm
  • Pharmacy
  • Bank Credit Union
  • Physician
  • Pharmacy

Location

798 Sunburst Hwy Cambridge, MD 21613
Cambridge metro Census 970400 CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.10M
Blend (final) Blend
$660k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

C-2 · Cambridge, 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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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
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