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3900 Bexley Pl
Suitland, MD 20746
Bexley Place Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully-leased Strip Mall
- Only 10 Miles from Washington, DC
- Ample Parking
- Located Right off I-495 and Route 5
- Ideal Value-Add Offering
- Pylon Signage
EXECUTIVE SUMMARY
Bexley Place Shopping Center, 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 fully-leased property provides the owner with an annual income of almost $410,000.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
28,000 SF
Building Class
C
Year Built
1978
Price
$7,584,115 CAD
Price Per SF
$270.86 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.94 AC
Zoning
CSC - Large scale commercial
Parking
200 Spaces (7.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 06-0488635 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,102,528 CAD |
PROPERTY TAXES
Parcel Number
06-0488635
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,102,528 CAD
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