$3,999,000
7105-7109 Allentown Rd, Fort Washington, MD, 20744
6,700
Square feet
0.69
Acres
Prime Location, 2021 Totally Renovated and Strong Net Income of $240K /Year w NNN Lease for 20 years. Actual Address is 7105 & 7109 Allentown Rd. Fort Washington MD. "Invest in Success" : Corner Property at the High Traffic Intersection near 2 big shopping center and McDonald and Gas station etc. Welcome to your next investment opportunity. This prime property is located at the busy intersection of Allentown Road & Temple Hill Rd. with high traffic flow and great visibility. Its strategic location makes it a highly desirable destination for businesses, attracting customers from all around area. This property has been renovated 2 years ago to meet modern standards, with upgraded features that include new HVAV systems, new electric system and a newly paved parking lot etc. These upgrades and NNN Lease will reduce the maintenance cost dramatically for the new owner. The property generates an impressive net Rent income of $240,000 per year. This steady stream of income will come from the well qualified single tenant with 20 year long-term lease. Don't miss out on this rare opportunity to own a highly profitable property with outstanding prospects for future development.
Facts & Features
| MLS® # | MDPG2071636 |
|---|---|
| Price | $3,999,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,700 |
| Acres | 0.69 |
| Year Built | 1969 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 7105-7109 Allentown Rd |
|---|---|
| City | Fort Washington |
| County | PRINCE GEORGES-MD |
| State | MD |
| Zip Code | 20744 |
| Senior Community | No |
Amenities
| Parking | Handicap Parking, Paved Parking, Private, Surface |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding, Concrete/Block |
|---|
School Information
| District | PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | March 7th, 2023 |
|---|---|
| Days on Market | 348 |
| Zoning | CGO |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Giant Realty, Inc. |
|---|---|
| Contact Info | 703-641-4989 |