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    FOR LEASE
    Retail space

    798 Sunburst Hwy, Cambridge, MD 21613

    11,050 SF 1.31 ac lot Built 1996
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US40-1597838
    798 Sunburst Hwy, Cambridge, MD 21613 For Lease
    $2,100,000 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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Coinhub Bitcoin ATM Teller Atm
    • Rite Aid Pharmacy Pharmacy
    • Western Union Bank Credit Union
    • higi Physician
    • Michael F. Mcmahon, RPH Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.10M
    Blend (final) Blend
    $2.10M
    Owner & transaction history
    Landmore Holdings LLC · 5 yrs held
    Landmore Holdings LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    C-2 · Cambridge, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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