9121 Piscataway Rd Clinton, MD 20735-2561

This exceptional retail investment opportunity presents the Shirtan Shopping Center, a multi-tenant property located at 9121 Piscataway Rd, Clinton, MD 20735. The property consists of two single-story buildings totaling 12,120 square feet, encompassing seven units currently boasting 100% occupancy. Built in 1991, the center offers a diverse range of leasing opportunities, with six current tenants contributing to a strong Net Operating Income (NOI) of $114,990, and a pro-forma NOI of $195,600. The asking price is $1,940,000, representing a pro-forma cap rate of 10.08%. Situated in a thriving Prince George's County neighborhood, the center benefits from a strategic location with convenient access to major thoroughfares like Branch Avenue and high daily traffic counts of 16,634 vehicles on Piscataway Road, ensuring excellent visibility and accessibility. The CGO zoning allows for versatile commercial uses. The property includes 49 parking spaces and is ideally positioned to serve the strong local community of approximately 47,958 residents within a three-mile radius, making it an attractive investment with immediate income generation. Building sizes are 8,379 square feet and 3,741 square feet.