15207 Major Lansdale Boulevard
15207 Major Lansdale Boulevard, Bowie, MD 20716
Marketing description
This offering is an opportunity to acquire an absolute NNN leased, freestanding restaurant located within Bowie's dominant retail corridor.
The property is 100% leased to Hungry Bowl, an established full-service Asian fusion concept featuring Mongolian grill, sushi, and Korean BBQ.
The subject property is strategically positioned opposite the Bowie Town Center, the area's primary regional shopping destination. Anchored by national retailers including Macy's, Safeway, and Barnes & Noble, Bowie Town Center generates significant consumer traffic, with over 5.4 million annual visits. According to Placer.ai, the center is ranked as the second most visited lifestyle center in its category, exceeding visits to nearby redevelopments including Downtown Silver Spring, The Avenue at White Marsh and Pike & Rose.
The property benefits from its immediate proximity to this established retail hub and the consistent traffic patterns it produces. The asset offers investors stable in-place income within a proven and active trade area.
Investment highlights
- Price: $2.8 million
- Rent: $162,316.00
- Base Term Rental Escalations: 3% annual increases
- Estimated Building Size: 5,797 square feet
- Lot Size: 1.64 acres
- Rent PSF: $28 psf
- Property Type: Net leased property
- Ownership: Private
- Tenant: Hungry Bowl Bowie, LLC
- Guarantor: Personal guarantee for owner of 6 restaurants
- Lease Commencement Date: August 25th, 2025
- Lease Expiration: August 31st, 2035
- Lease Term Remaining: 9.5 Years
- Lease Type: NNN
- Options to Renew: Two 5 year options
- Percentage Rent: None
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