116 Ritchie Rd

Highlights:

• 6,316 ± SF Freestanding Retail for Lease
• 0.34 Acres of Land
• Long term credit tenant in place (25 yrs)
• Great visibility - Traffic Counts total 22,265 vpd
• Zoned I-E (Industrial Employment)
• Parking Ratio - 1.58/1,000 SF
• Located within a Prince George's County designated Redevelopment Zone
• Regional Transit District Proximity — Plan 2035 designates the Blue/Silver Line corridor with three Metro stations nearby as a Regional Transit District and priority growth center, focusing County investment and zoning flexibility on this exact geography.
• Active Sector Plan Underway — A new Central Avenue–Blue/Silver Line Sector Plan, authorized in 2023, covers the immediate area — positioning properties within the boundary for enhanced entitlements and increased development capacity.
• Job Growth Priority Corridor — Plan 2035 targets Inner Beltway communities along Central Avenue for job growth and business investment, directing EDC resources and business attraction programs to this corridor.
• Incentive Stacking Potential — County-aligned TIF eligibility, New Markets Tax Credits, and New Jobs Tax Credits can be layered through public-private partnerships for maximum project feasibility at this address.
• SALE PRICE: $2,200,000.00

Description:

6,316 ± SF Freestanding Retail | Investor Opportunity

Prime location for retail/investment with easy access to major transportation routes, including I-495 and I-95, the area offers exceptional connectivity for moving goods and materials. Situated in close proximity to Northwest Stadium and the Blue/Silver Line Metro Stations (Downtown Largo, Addison Road, and Morgan Boulevard), the site provides convenient transportation options for employees and clients.

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