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6124 MacArthur Blvd 5,303 SF Retail Building Bethesda, MD 20816 $5,781,360 CAD ($1,090.21 CAD/SF) 6% Cap Rate
Executive Summary
-Income producing property
-Prominent MacArthur Boulevard frontage
-Fully renovated asset including building systems, six on-site parking spaces, plus additional parking arranged with adjacent property owner as well as public parking next to the site.
-Bonfield’s Garage is an iconic, historically designated mixed-use retail property located along MacArthur Boulevard in Bethesda, Maryland. Constructed circa 1927, the property is designated as Montgomery County Master Plan Historic Site #35/47 and represents a rare opportunity to acquire an irreplaceable neighborhood retail asset with durable income characteristics and long-term ownership optionality.
-Tenant owns the property, which can be delivered vacant subject to deal structure.
-For more information: https://millerwalker.com/retail_space_for_lease/bonfields-building-for-sale-bethesda-md/
-Prominent MacArthur Boulevard frontage
-Fully renovated asset including building systems, six on-site parking spaces, plus additional parking arranged with adjacent property owner as well as public parking next to the site.
-Bonfield’s Garage is an iconic, historically designated mixed-use retail property located along MacArthur Boulevard in Bethesda, Maryland. Constructed circa 1927, the property is designated as Montgomery County Master Plan Historic Site #35/47 and represents a rare opportunity to acquire an irreplaceable neighborhood retail asset with durable income characteristics and long-term ownership optionality.
-Tenant owns the property, which can be delivered vacant subject to deal structure.
-For more information: https://millerwalker.com/retail_space_for_lease/bonfields-building-for-sale-bethesda-md/
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,303 SF
Building Class
B
Year Built/Renovated
1917/2013
Price
$5,781,360 CAD
Price Per SF
$1,090.21 CAD
Cap Rate
6%
NOI
$346,882 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.01
Lot Size
0.12 AC
Zoning
CRT
Parking
13 Spaces (2.45 Spaces per 1,000 SF Leased)
Frontage
32’ on Macarthur Blvd
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-00418062 | Improvements Assessment | $2,480,742 CAD |
| Land Assessment | $762,584 CAD | Total Assessment | $3,243,326 CAD |
Property Taxes
Parcel Number
07-00418062
Land Assessment
$762,584 CAD
Improvements Assessment
$2,480,742 CAD
Total Assessment
$3,243,326 CAD
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6124 MacArthur Blvd
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