3900 BEXLEY PLACE

SUITLAND, MD, 20746

$5,500,000

$202 per ft²
$5,500,000
$202 per ft²
Active
Active
 - For Sale
carpenters-square
27,200 ft²
property_type
Commercial
calendar
Built 1978
Long & Foster Commercial has been retained to offer, Bexley Place Shopping Center, which represents a rare opportunity to acquire 27,200 SF neighborhood retail center in the DMV area. Located in Suitland, Maryland of Prince George's County, approximately 10 miles East of Washington, DC. The property features 7 fully-leased spaces about a mile off of Interstate Highway 495 and mere feet from Route 5. This provides key access to roads with high vehicle traffic, with an easily accessible and attractive location. Currently, the property is self-managed featuring an assortment of local tenants. There remains significant potential to renovate or improve the property to increase the rental rates for tenants. However, even with the low rental rates currently offered in the shopping center, this fullyleased property provides the owner with an annual income of almost $410,000. The property is being offered at $5,500,000 ($202 PSF)
MLS® ID:
MDPG2037556
Updated:
3/25/23
RE/MAX Specialists
The Heyward Homes Team
Mobile: (240) 604-9639Office: (888) 860-7369 x201Email: Charles@HeywardHomes.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
2.95 acres lot
Sewer
Public Sewer

School Information

School District
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Other Property Details

Taxes
$0.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
PRINCE GEORGES
Water Source
Public
Pool
No
Zoning
CSC
Sub Agency Compensation
1
Buyer Agency Compensation
1

Courtesy of Long & Foster Real Estate, Inc., Bakhtiyor Safarov

Listing Contact:  

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Data last updated 8:26 AM UTC, 3/25/23

RE/MAX Specialists
The Heyward Homes Team
Mobile: (240) 604-9639Office: (888) 860-7369 x201Email: Charles@HeywardHomes.com
Contact