District Heights, MD 20747, Address available on request

Other
IDR Rp31,667,475,000
USD $1,750,000
Published on: 19 Apr 2026
Last updated on: 21 May 2026
District Heights, MD 20747
District Heights, MD 20747
District Heights, MD 20747
+11
District Heights, MD 20747
  • 11
Property ID: 110107395217
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Commercial Sale, Other - District Heights, MD

District Heights, MD 20747
UPDATE: Newly renegotiated lease with 5% escalation | 7.32% Cap RateAvailable for the first time in 70 years, 7605-7609 Marlboro Pike is a ±3,710 SF fully-leased retail asset offering immediate, high-performance cash flow. The property is 100% occupied by long-term tenants, recently bolstered by a newly renegotiated lease for the nail salon suite featuring 5% annual rent escalations. This lease structure provides a superior yield-on-cost and protection against inflation, supporting a robust 7.32% Cap Rate at the $1,750,000 list price.Positioned on a high-visibility corridor (31,000 VPD) within a Prince George’s County revitalization zone, the asset has maintained a legendary 0% vacancy rate under family ownership since 1956. This is a premier 1031 exchange opportunity, offering rare stability combined with aggressive rental growth.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 authoritiesPlease do not disturb tenants. Notify advisor if you require access inside each shop.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
344.67 m2
Year Built
1958
Architecture Style
Other
County
PRINCE GEORGES
Parcel ID
17060471755
Provider
Engel & Völkers
Brokerage Office Name
Engel & Völkers Washington DC
Brokerage Office Phone
2025255236
Address
District Heights, MD 20747, Address available on request
Contact Agent
Anita John
Engel & Völkers Washington DC
2216 14TH STREET, NW, Washington, DC 20009
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Anita John
2216 14TH STREET, NW, Washington, DC 20009
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      Property ID: 110107395217

      Original Property ID: 3yd-EV-MDPG2198748
      Data provided by Engel & Völkers, MLS #: MDPG2198748
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      Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.