Listing Provided By Long & Foster Real Estate
Long & Foster Commercial has been retained to offer, Bexley Place Shopping Center, which represents a rare opportunity to acquire 27,200 SF neighborhood retail center in the DMV area. Located in Suitland, Maryland of Prince George's County, approximately 10 miles East of Washington, DC. The property features 7 fully-leased spaces about a mile off of Interstate Highway 495 and mere feet from Route 5. This provides key access to roads with high vehicle traffic, with an easily accessible and attractive location. Currently, the property is self-managed featuring an assortment of local tenants. There remains significant potential to renovate or improve the property to increase the rental rates for tenants. However, even with the low rental rates currently offered in the shopping center, this fullyleased property provides the owner with an annual income of almost $410,000. The property is being offered at $5,500,000 ($202 PSF)
- Price:
- $5,500,000
- Acreage:
- 2.95
- Year Built:
- 1978
- Listing ID #:
- MDPG2037556
- Street Address:
- 3900 Bexley Pl
- City:
- Suitland
- State:
- Maryland
- Postal Code:
- 20746
- County:
- Prince Georges
- Subdivision:
- Bedford
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
School District: Prince Georges County Public Schools
- Year Built:
- 1978
- Year Built Source:
- Estimated
- Approximate Lot Size Range Source:
- Estimated
- Conforms To Zoning:
- Csc
- Lot Square Footage:
- 128300.00
- Days On Market:
- 365
- On Market Date:
- 2022-04-01
- Originating Mls:
- Bright
- Special Conditions Of Sale:
- Standard
- Subdivision:
- Bedford
- Price Per Square Foot:
- 202.21
- Tax Year:
- 2021
- Parking Type:
- Parking Lot
- Existing Water:
- Public
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Long & Foster Real Estate
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