Forestville, MD - Mattress Firm & Smoothie King
$3,999,000
3550 Donnell Drive, Forestville, MD 20747
6.35
Cap Rate
253,900
NOI
Details:
Description:
• New $1M build outs and 10 years leases with Mattress Firm and Smoothie King with drive thru
• 2% annual rental increases
• Tenants pay management and administrative fees
• New Roof with warranty
• Fully depreciable, two-tenant investment property
• Within the vibrant Penn Mar Shopping Center, one of the top performing community centers in the USA
• Located at Forestville’s 58,500 VPD retail hub with Target, Walgreens, Raising Cane’s, Starbucks, Shoppers, Wendy’s, Taco Bell, Five Below, JC Penny and more
• 5-mile trade area population of over 293,000
• 26 Minutes from Ronald Reagan Washington National Airport and Washington DC
• $99,615 average household income within a 3-mile radius
Location
Gallery
