Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

7605 Marlboro Pike 3,710 SF 100% Leased Retail Building Forestville, MD 20747 $2,420,932 CAD ($652.54 CAD/SF) 6.44% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Strong long term tenants
  • Great location of Marlboro Pike
  • Built in escalations with each lease

EXECUTIVE SUMMARY

Prime Retail Investment Opportunity in District Heights, MD
Address: 7605, 7607 & 7609 Marlboro Pike, District Heights, MD 20747
Zoning: CGO (Commercial, General, and Office Zone)
Total Rentable SF: Approx. 3,780 SF (3 units at 1,260 SF each)
Projected 2025 Gross Income: $115,923 with yearly escalations
Tenant Type: NN
Seller Financing: Not offered
Investment Highlights:
Stabilized, Long-Term Tenancy:
All three units are leased to long-standing, reliable tenants:
Adames Money Transfer & Check Cashing – Lease through 2033
Crabline Seafood – Lease through 2030
Vivian Nails – Recently signed through 2035
Net Leases with Built-in Escalations:
Each tenant operates under a NN lease structure with 3–3.5% annual rent escalations, ensuring increasing cash flow with minimal landlord responsibilities.
High Traffic Corridor:
Located along busy Marlboro Pike with daily traffic counts near 40,000 vehicles (2025 est.), offering outstanding visibility and accessibility.
Strong Rental History + Upside Potential:
Tenants have consistently exercised renewal options. Notably, Crabline Seafood has a business buyer interested, potentially supporting a rent increase on assignment.
Recent Capital Improvements (~$30K+):
Including:
2022: Building & asphalt refresh ($14,134), new outdoor lighting ($2,650)
2020: New HVAC system in 7605 ($7,500)
Historical improvements: Roofing, HVAC upgrades, parking lot repairs
Low Overhead / No HOA Fees:
Total 2025 projected expenses = $3,300. No association dues or surprise costs.
Property Details:
Year Built: 1956 (originally built to Suburban Trust Bank standards)
Parking: On-site with easy ingress/egress
Tax History: Available for 2022–2024
Occupancy: 100%
Buyer Profile Fit: Ideal for passive investors seeking stable cash flow with long-term tenants and virtually no management headaches.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
3,710 SF
Building Class
C
Year Built
1958
Price
$2,420,932 CAD
Price Per SF
$652.54 CAD
Cap Rate
6.44%
NOI
$155,802 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.18 AC
Zoning
CSC
Parking
20 Spaces (5.39 Spaces per 1,000 SF Leased)
Frontage
81’ on Marlboro Pike
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bank of America
Industrial Bank
Truist
Starbucks
Shoppers
PNC Bank
Applebee's
IHOP
United Rentals-equipment & Tool Rentals
Herc Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-0471755
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$546,245 CAD
  • Listing ID: 37116694

  • Date on Market: 2025-08-05

  • Last Updated:

  • Address: 7605 Marlboro Pike, Forestville, MD 20747

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}