7105-7109 ALLENTOWN RD Active

Fort Washington,MD 20744

$ 3999000

- Bed

- Bath

6710 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,710 sqft

Price per Sqft $595

MLS Listing ID MDPG2071636

Year Built 1969

Annual Tax Amount $17,924

Tax Year 2024

Lot Size 0.688 Acres

Property Description

Back to the market Prime Location, 2021 Totally Renovated and Strong Net Income of $240K /Year w NNN Lease for 20 years. Actual Address is 7105 & 7109 Allentown Rd. Fort Washington MD. "Invest in Success" : Corner Property at the High Traffic Intersection near 2 big shopping center and McDonald and Gas station etc. Welcome to your next investment opportunity. This prime property is located at the busy intersection of Allentown Road & Temple Hill Rd. with high traffic flow and great visibility. Its strategic location makes it a highly desirable destination for businesses, attracting customers from all around area. This property has been renovated 2 years ago to meet modern standards, with upgraded features that include new HVAV systems, new electric system and a newly paved parking lot etc. These upgrades and NNN Lease will reduce the maintenance cost dramatically for the new owner. The property generates an impressive net Rent income of $240,000 per year. This steady stream of income will come from the well qualified single tenant with 20 year long-term lease. Don't miss out on this rare opportunity to own a highly profitable property with outstanding prospects for future development.

Location

State MD

County Prince Georges

Zoning CGO

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Exterior

Garage Spaces 45.0

Waterfront N

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Special Listing Condition Standard

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