3900 BEXLEY PL Active

Suitland,MD 20746

$ 5500000

- Bed

- Bath

27200 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 27,200 sqft

Price per Sqft $202

Subdivision Bedford

MLS Listing ID MDPG2037556

Originating Board BRIGHT

Year Built 1978

Tax Year 2021

Lot Size 2.945 Acres

Acres 2.95

Property Description

Long & Foster Commercial has been retained to offer, Bexley
Place Shopping Center, which represents a rare opportunity to
acquire 27,200 SF neighborhood retail center in the DMV area.
Located in Suitland, Maryland of Prince George's County, approximately 10 miles East of Washington, DC. The property
features 7 fully-leased spaces about a mile off of Interstate
Highway 495 and mere feet from Route 5. This provides key
access to roads with high vehicle traffic, with an easily accessible
and attractive location. Currently, the property is self-managed
featuring an assortment of local tenants. There remains
significant potential to renovate or improve the property to
increase the rental rates for tenants. However, even with the low
rental rates currently offered in the shopping center, this fullyleased property provides the owner with an annual income of
almost $410,000.
The property is being offered at $5,500,000 ($202 PSF)

Location

State MD

County Prince Georges

Zoning CSC

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Waterfront N

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17060488635

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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