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Starbucks & Hangry Joe's 14940 Silver Trail Ln 4,481 SF 100% Leased 4-Star Retail Building Laurel, MD 20707 $4,555,469 CAD ($1,016.62 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Long Term Leases
  • Dynamic Tenants
  • Strategic Retail Location
  • Attractive Rent Increases
  • Net Leases
  • Strong Demographics

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive sale of a new construction two-tenant plaza located at 14940 Silver Trail Lane in Laurel, Maryland (the “Property”). The two-tenant plaza is improved by Starbucks and Hangry Joe’s and contains 4,481 square feet on a 1.25-acre parcel of land. Starbucks has 9+ years remaining on their lease with four (4), 5-year renewal options. Hangry Joe’s has a ten-year lease with one (1), 5-year renewal option. Both leases provide attractive rent increases throughout the primary lease term and renewal options. The new construction Property is extremely well located along Silver Trail Lane, adjacent to the intersection of Konterra Drive and Van Dusen Road. The Property enjoys outstanding frontage, visibility and access and is and is 0.4-miles from Interstate 95 and 1.5-miles from US Route 1, the area’s primary commercial corridor. The Property is part of a larger development that is home to Wawa, an adjacent strip center anchored by Chipotle and Jersey Mike’s, and is surrounded by large apartment communities and densely populated residential neighborhoods that provide a captive customer base, and enjoys convenient access to the area hospital, several large Business and Technology campus’s, and a large industrial park, all of which drive traffic to the immediate area. Laurel enjoys a unique position roughly halfway between Washington, DC and Baltimore, MD, and its relative seclusion makes it an attractive option for commuters who work in either city but prefer a small-town environment. The close proximity to Fort Mead also makes Laurel a popular option for Department of Defense employees and military personnel seeking off-base housing.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,481 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$4,555,469 CAD
Price Per SF
$1,016.62 CAD
Cap Rate
6%
NOI
$273,328 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.25 AC
Zoning
LAUR

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Starbucks
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-5673875
Land Assessment
$378,992 CAD
Improvements Assessment
$1,587,580 CAD
Total Assessment
$1,966,572 CAD
  • Listing ID: 37962181

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 14940 Silver Trail Ln, Laurel, MD 20707

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