$5,500,000

3360 Crain Hwy, Waldorf, MD, 20603

11,800

Square feet

1.12

Acres

Fully stabilized and Income Producing Multi-Tenant Retail Shopping Center For Sale. Current Net Operating Income (NOI) is $305,606. Shopping center consists of 11,800 SF of rentable space on 1.2 acres of land. The Center was built in 1992 and has 3 solid long-term tenants. Mattress Warehouse, large regional tenant since 2002; DXL (formally Men's Warehouse), national tenant since 1992; Pawnshop/Jewelry Store, tenant since 2013. The Pawn Shop /Jewelry store is a solid local tenant and the current operator owns 3 additional locations. This sale is subject to a 1031 Exchange. Seller has identified a replacement property already. Rent Roll available upon request.

Facts & Features

MLS® # MDCH2021882
Price $5,500,000
Bathrooms 0.00
Square Footage 11,800
Acres 1.12
Year Built 1992
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 3360 Crain Hwy
City Waldorf
County CHARLES-MD
State MD
Zip Code 20603
Senior Community No

Amenities

Utilities Cable TV, Phone
Parking Paved Parking, PublPark, Surface
Is Waterfront No

Interior

Heating Central
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Exterior Block, Combination

School Information

District CHARLES COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed April 13th, 2023
Days on Market 382
Zoning CB
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSpring Hill Real Estate, LLC.

Listing Map

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