5110 Auth Way - Strayer University
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5110 Auth Way - Strayer University
37,000 SF Specialty Building Offered For Sale in Suitland, MD 20746
Investment Highlights
- Covered Land Opportunity - With over $2.7m in contractual rent obligations through August 2026.
- Expansion of Branch Avenue - Light Rail Line to Southern Maryland in planning, creating access to Joint Base Andrews from Branch Ave metro
- Transit-Oriented Location - Offering several viable development options (industrial, multifamily, townhomes, medical office).
- Flexible Structures - Fee simple partnerships and joint ventures considered.
Executive Summary
Marcus & Millichap is pleased to exclusively present 5110 Auth Way, Camp Springs, Maryland, (the Property) a 37,000 SF office building leased by Strayer University. The sale represents an opportunity to acquire a cash flowing building with over 2.5 years of net lease revenue on a site that is zoned for by-right residential or industrial development, future office expansion, and existing office or specialty uses. The Property is adjacent to a major Metrorail station and established successful multifamily and townhome developments.
Property Facts Under Contract
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $7,753,700 | |
Land Assessment | $761,200 | Total Assessment | $9,801,667 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$761,200
Improvements Assessment
$7,753,700
Total Assessment
$9,801,667
zoning
Zoning Code | RTO-L-e (previously I-3) |
RTO-L-e (previously I-3) |
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5110 Auth Way - Strayer University
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