7605-7609 MARLBORO PIKE
DISTRICT HEIGHTS, MD 20747
MLS#: MDPG2198748
$1,750,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
N/A
Positioned along one of Prince George’s County’s most closely watched revitalization corridors, this fully leased retail asset offers investors immediate cash flow with long-term upside. The ±3,710 SF property built in 1958 is 100% leased, delivering long-term stable income at a 6.6% cap rate. With over 30,000+ vehicles passing daily and no near-term vacancy risk, the asset provides a true “day one” yield—ideal for investors seeking predictable returns in an emerging growth corridor. Having been family-owned for nearly 70 years with no vacancies is considered by some to be a “gold mine”. The property sits within the Marlboro Pike corridor, where county-backed planning and private-sector initiatives are actively targeting reinvestment, economic growth, and repositioning of the corridor as a more vibrant commercial destination. Recent planning efforts highlight the Pike’s capacity for new business development, improved retail environments, and long-term value creation through coordinated public and private investment. For investors, this translates into a compelling profile: - In-place income today - Basis below replacement cost in a transitioning corridor - Exposure to a multi-year redevelopment initiative backed by local planning authorities-
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick Veneer, Brick
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.18
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$1,750,000
-
Tax Amount
$6,514.73
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PRINCE GEORGES
Elementary School
Middle School
High School
Listing Courtesy of Anita John , Engel & Volkers Washington, DC
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Branch Manager- Cumberland
Steve MacGray
Call Steve today to schedule a private showing.
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