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31637803
31637804

7605 Marlboro Pike, District Heights, MD 20747 For Sale

AJ
MD 5018245, DC SP40003521 (+1)
$1,750,000
95 days on market
Updated 28 days ago

7605-7609 Marlboro Pike

Details
Property Type Retail
Sub Type Storefront
Square Footage 3,710
Cap Rate 7.32%
NOI $128,097
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $472
Acreage 0.180
Zoning C
Parking Spaces 20 spaces
Parking per 1,000 SqFt 5.39
Investment Type Stabilized
Ground Lease No

High-Yield 7.32% | Fully Stabilized Retail Opportunity | Available for the 1st time Ever

Marketing description

Available for the first time in 70 years, 7605-7609 Marlboro Pike is a ±3,710 SF fully-leased retail asset offering immediate, high-performance cash flow.

The property is 100% occupied by long-term tenants, recently bolstered by a newly renegotiated lease for the nail salon suite featuring 5% annual rent escalations. This lease structure provides a superior yield-on-cost and protection against inflation, supporting a robust 7.32% Cap Rate at the $1,750,000 list price.

Positioned on a high-visibility corridor (31,000 VPD) within a Prince George’s County revitalization zone, the asset has maintained a legendary 0% vacancy rate under family ownership since 1958. This is a premier 1031 exchange opportunity, offering rare stability combined with aggressive rental growth.

Investment highlights

  • Immediate Yield: 7.32% Cap Rate at a $1,750,000 list price.
  • Stable Income: 100% leased with 3.5%-5% annual rent escalation.
  • Macro Catalyst: Exposure to county-backed reinvestment initiatives designed to restore the corridor as a premier commercial hub.
  • High Barrier to Entry: Basis below replacement cost in a transitioning market.

This is a "day one" yield play with the added benefit of a multi-year redevelopment tailwind.

Listing Contacts

AJ
MD 5018245, DC SP40003521 (+1)

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$128,097.00
$10,674.75/mo

Valuation Metrics

0
DSCR
7.32%
Cap Rate
7.32%
ROI

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Additional Information

Name
Anita John
License
5018245
Brokerage
Keller Williams Capital Properties
Brokerage Phone
202-525-5236
Title
Sales Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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