202-213-1781
8500 Annapolis Rd, New Carrollton, MD for Sale
Medical - FOR SALE
1/10
null | Request Cap Rate

8500 Annapolis Rd
New Carrollton, MD 20784


OVERVIEW

NEW CARROLLTON TOWN CENTER New Carrollton Town Center mixed-use investment offers a stabilized retail and medical office center ideally located within Washington, DC’s beltway. Boasting a solid $750K+ NOI Year 1 and an approximate 8 years weighted average remaining lease term, this mixed-use asset ensures a strong, diversified cash flow for years to come. Conveniently positioned adjacent to I-495 and just 0.7 miles from New Carrollton Purple/Orange Line Metro, MARC/AMTRACK train stations, this property enjoys high visibility with an over 42,000 daily average traffic count and is close to the large developments happening at the New Carrollton metro station. The Town Center is approximately 4.66 acres with ample parking and a covered loading dock. With a variety of well-established retail and medical office tenants, this property presents an exceptional investment opportunity in a thriving community with promising demographics. This prime piece of real estate is at the heart of New Carrollton's bustling commercial corridor. • 19,055 RSF Retail Shopping Center • 46,605 SF Medical Office Center • Retail & Office In-Place NOI over $750,000 yr 1 • 5-minutes from New Carrollton Metro Station active and planned, mixed-use development including: o Over 1,500 residential units, o 1.1 M SF office o 200-key hotel proposed • Extremely low retail vacancy (under 3.00%) on the Annapolis Rd / 450 commercial corridor • Stabilize retail tenancy • Attractive medical offices with potential tenant expansion space available

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Carrollton Town Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

135

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CSC

APN/PARCEL ID

20-2272847

ASK ABOUT THIS PROPERTY

Christopher WoodsReliant Realty AdvisorsMore Info
202-213-1781

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Christopher WoodsReliant Realty AdvisorsMore Info
202-213-1781

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.