DISTRICT HEIGHTS, MD 20747
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Positioned along one of Prince George’s County’s most closely watched revitalization corridors, this fully leased retail asset offers investors immediate cash flow with long-term upside. The ±3,710 SF property built in 1958 with three spaces is 100% leased, delivering long-term stable income at a 6.6% cap rate. With over 30,000+ vehicles passing daily and no near-term vacancy risk, the asset provides a true “day one” yield—ideal for investors seeking predictable returns in an emerging growth corridor. Having been family-owned for nearly 70 years with no vacancies is considered by some to be a “gold mine”. The property sits within the Marlboro Pike corridor, where county-backed planning and private-sector initiatives are actively targeting reinvestment, economic growth, and repositioning of the corridor as a more vibrant commercial destination. Recent planning efforts highlight the Pike’s capacity for new business development, improved retail environments, and long-term value creation through coordinated public and private investment. For investors, this translates into a compelling profile: - In-place income today - Basis below replacement cost in a transitioning corridor - Exposure to a multi-year redevelopment initiative backed by local planning authorities-
| 5 hours ago | Listing updated with changes from the MLS® | |
| 16 hours ago | Listing first seen on site |
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