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)
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Listing Snapshot
Price
$5,500,000
Days Online
867 Days
Bedrooms
N/A
Inside Area (SqFt)
27,200 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.95 Acres
Year Built
1978
MLS® Number
MDPG2037556
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 years ago
Listing first seen online
2 years ago
Listing updated with changes from the MLS®
General Features
Acres
2.95
Property Sub Type
Retail
Sewer
Public Sewer
SqFt Total
27200
Water Source
Public
Interior Features
Heating
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Exterior Features
Construction Details
Brick
Listing courtesy of Divaris Real Estate, Inc 5715278293
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