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15700-15712 Mt Oak Rd

8,533 SF 100% Leased Retail Building Bowie, MD 20716 $3,750,000 ($439/SF) 5.04% Cap Rate

Investment Highlights

  • Shopping center is nestled in the Mt Oak corridor and has served several local residents for many years.
  • Well established tenants that have been in place over 20-years.

Executive Summary

The property at 15704 Mt Oak Rd in Bowie, MD 20716 is a 8,533 square foot one story free-standing retail investment property. The building is ideally situated in an exceptional commercial area, offering prime visibility, making it an attractive opportunity for investors seeking stable returns in the retail sector. Further, the property currently has great tenants which will provide the future owner with immediate income.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,533 SF
Building Class
C
Year Built
1985
Price
$3,750,000
Price Per SF
$439
Cap Rate
5.04%
NOI
$189,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Land Acres
0.82 AC
Zoning
CSC - Community Shopping Center
Parking
45 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
181 FT on Mitchellville Rd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-0793778
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,530,700
  • Listing ID: 31620855

  • Date on Market: 4/26/2024

  • Last Updated:

  • Address: 15700-15712 Mt Oak Rd, Bowie, MD 20716

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