3900 BEXLEY PL
3900 BEXLEY PL
BEDFORD
SUITLAND, MD 20746
MLS Number: MDPG2037556
$5,500,000
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)
General Details
- Lot Area: 128,300
- Property Type: Retail
- County: PRINCE GEORGES
- Year Built: 1978
- Sub-Division: BEDFORD
- Sewer: Public Sewer
- Acres: 2
Community Information
- Zoning: CSC
Exterior Features
- Garage(s): N
- Waterfront: N
- Waterview: N
Interior Features
- Heating: Other
- Cooling: N
- Water: Public
Lot Information
- SqFt: 128,300
School Information
- School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Other Info
- Listing Courtesy Of: Long & Foster Real Estate, Inc.