3700-3714 Bladensburg Road
Cottage City, MD 20722
The Offering
Summary
- List Price $3,150,000
- Combined GBA 16,062 SF
- Combined Occupancy 73%
- Combined Lot Size 26,280 SF
- Zoning NAC
- Product Types Multifamily, Retail, Office, Warehouse/Storage, & Parking
Investment Summary
Feldman Ruel is pleased to offer for sale 3700-3714 Bladensburg Road, a portfolio of four contiguous commercial properties spanning an entire block-face less than one half-mile from the Washington, D.C. border. This offering includes 16,062 SF of multifamily, retail, office, and warehouse space situated on a 26,280-square-foot lot. With below-market rents and all but one tenant on month-to-month leases, this portfolio represents a prime opportunity for repositioning.
This portfolio is located at a signalized intersection directly across from Port Towns Shopping Center, a 56,000-square-foot, grocery-anchored neighborhood center which counts CVS Pharmacy, IHOP, and Subway among its 13 retail units. A new Prince George's County sector plan in development prioritizes revitalization in Cottage City and the neighboring Port Towns, areas identified as gateways to the county.
