$5,500,000

3900 BEXLEY PLACE, Suitland, MD 20746

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon2.95acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 years ago

Property Description

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)

Listing Status:
Active
Date Added:
April 1, 2022 at 05:00AM
Listing Office:
Divaris Real Estate, Inc : 5716205142
Listing Agent:
Bakhtiyor Safarov : 5715278293
MLS ID:
MDPG2037556
  • A/C: Other
  • Heating: YOtherOther
  • Disability Feature: Other

This listing courtesy of Bakhtiyor Safarov, Divaris Real Estate, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Imagine Lincoln Public Charter

4207 Norcross St, Temple Hills, MD, 20748

Grades KG-8

0.65 miles away

B

Benjamin Stoddert Middle School

2501 Olson St, Temple Hills, MD, 20748

Grades 6-8

0.55 miles away

S

Suitland High School

5200 Silver Hill Rd, Suitland, MD, 20746

Grades 9-12

1.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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