Oxon Hill Retail for Sale - NatHbr/OxnHill/FtWash
NAI Michael is pleased to present 1900 John Hanson Lane and 6205 St. Barnabas Road, Oxon Hill, MD The property consists of approximately a 10,531± SF office building situated on 1.07 acres of land with Industrial Bank, one of the top financial instuitions in the Washington DC region as a tenant. The property is situated on the Capital Beltway (I-495/I-95) at Exit 3B (Indian Head Highway) at a signalized intersection of Oxon Hill Road and John Hanson Lane. The zoning is currently Neighborhood Activity Center (NAC) and provides a various of retail, office and commercial uses including professional services firms, banks, medical practices, government contractors and agencies, hospitality and more. This property is being offered unencumbered by debt on an “as is, where is” basis without representations or warranties. 1900 John Hanson Lane and 6205 St. Barnabas Road provides the successful buyer with the opportunity to own an highly visible income producing asset with both a 2-story office and retail building on a 1.07± acre parcel of land near the Capital Beltway. Southern Prince George’s County is anchored by National Harbor, an award winning mixed-use development located only two exits south of the subject property on the Capital Beltway. MGM National Harbor is a $925 million casino located one exit (approximately 2 miles) south of the subject property. The property is near the Capital Beltway, which consists of Interstate 495 (the highway surrounding the entirety of Washington DC) and a segment of Interstate 95 (a highway from Maine to Florida). The traffic count in front of the property on the Capital Beltway exceeds 180,000 vehicles per day (MDSHA 2020 estimates).The property is well situated next in a rich amenity environment with Outback Steakhouse, McDonalds, Wendy’s and Burger King as well as close to retail, dining and entertainment including an AMC Movie Theater, Target, Chipotle and Jersey Mikes all within walking distance. Commercial investment in the Oxon Hill corridor has increased over the past five years with the development of the Medical Pavillon at National Harbor leased by Adventist Healthcare and the redevelopment of Livingston Square now leased by a brand new Giant grocery store. The site is fairly level and cleared,
and the remainder is treed and has elevations at grade. Infrastructure includes access to public transportation, sewer, water, electric and natural gas lines front the property on
Oxon Hill Road and recent upgrades to the lighting, parking lot and sidewalks. Future development opportunities in the immediate area provide a unique opportunity for an investor or user to own a commercial building in the heart of Oxon Hill, Maryland with additional multifamily units and single family home development to add thousands of units over the
next five to ten years supporting healthy growth for increased appreciation from commercial and investment activity in this corridor.
