Rare Opportunity to Acquire a Trophy Retail Asset with a HOT NEW PRICE

3129 Marshall Hall Road Bryans Road, MD 20616

3129 Marshall Hall Road, Bryans Road, MD, 20616
Center
3129 Marshall Hall Road, Bryans Road, MD, 20616 3129 Marshall Hall Road, Bryans Road, MD, 20616 3129 Marshall Hall Road, Bryans Road, MD, 20616 3129 Marshall Hall Road, Bryans Road, MD, 20616
FOR SALE
Property Type:
Neighborhood Center
Amount:
$6,595,000
Last Verified:
May 06, 2024

Highlights

  • Rare investment opportunity at an assertive cap rate in the DC area
  • Strong Shadow Anchors
  • Loyal Tenancy and Leasing Momentum
  • New Facade 2017 along with other property upgrades
  • Value Add Opportunity

Description

This investment offering presents a unique opportunity to participate in the economic upside of the conversion of a retail center into a vibrant, mixed-use property in a growing area. The fee simple interest in two retail buildings comprising 67,984 square feet of space is being offered for sale in Bryans Road, Maryland. The retail tenants include Dollar General, Subway, and other vital day-to-day retailers that are integral to the community. Bryans Road Center is located at the signalized intersection and is a landmark in the area. The transition to a mixed-use property includes multifamily, self-storage (CubeSmart), an urgent care medical facility, along with other retail components such as a soon-to-be-constructed AutoZone.

The Bryans Road Shopping Center is the heart of the Bryans Road Community and is located on Marshall Hall Road at MD Rt. 210.


Year Built: 1974
Building Size: 67984sq ft
Lot Size: 0 acres

Map of 3129 Marshall Hall Road, Bryans Road, MD, 20616

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.