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3900 BEXLEY PLACE, SUITLAND, MD 20746

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Listing Type
Commercial/Industrial
Listing Status
Off Market
0
Overview
Features
Commute
Transportation
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$5,500,000

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Home Details for 3900 BEXLEY PLACE
Price
$5,500,000
Type
Commercial/Industrial
Year Build
1978
Lot Size
2.95
County
PRINCE GEORGES
MLS®️ Listing#
MDPG2037556
On exitrealty.com
987 days
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 courtesy: Divaris Real Estate, Inc - 571-620-5142
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-12-12 02:19:26
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$5,500,000

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