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)
Listed By
Agency Name: Divaris Real Estate, Inc
Agency Phone: 5716205142
Shown By
Agent Name: Mia Anderson
Agent Phone: Cell: (410) 693-3354
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
3900 Bexley Place | MLS# MDPG2037556
This commercial property located at 3900 Bexley Place, Suitland, MD 20746 is currently listed for sale with an asking price of $5,500,000. Bexley Place is located within the PRINCE GEORGES COUNTY PUBLIC SCHOOLS school district. Search Suitland real estate on www.miamovesyou.com today.