$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 |
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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 |
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City | Waldorf |
County | CHARLES-MD |
State | MD |
Zip Code | 20603 |
Senior Community | No |
Amenities
Utilities | Cable TV, Phone |
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Parking | Paved Parking, PublPark, Surface |
Is Waterfront | No |
Interior
Heating | Central |
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Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Block, Combination |
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School Information
District | CHARLES COUNTY PUBLIC SCHOOLS |
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Additional Information
Date Listed | April 13th, 2023 |
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Days on Market | 382 |
Zoning | CB |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Spring Hill Real Estate, LLC. |
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