3700 Donnell Dr | District Heights, MD 20747
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3700 Donnell Dr
District Heights, MD 20747
Royal Farms · Retail Property For Sale
Investment Highlights
- Long-Term Lease in Place | Tenant Has Over 17 Years Remaining on Term
- Attractive Base Term Rental Increases | 10% Every 5 Years in Base Term and Option Periods Beginning in Year 11
- Signalized Hard Corner Location | Frontage on Donnell Drive and Pennsylvania Avenue | 24,000+ Vehicles Per Day (VPD)
- Strong Corporate Guaranty | Little to No Risk of Default on Lease
- Core Market Fundamentals | Over 288,000 Residents Within 5 Miles of the Subject | ~8% Increase Since 2010
- Located Adjacent to the Centre at Forestville Shopping Mall | 480,000 SF Target-Anchored Shopping Center seeing 2.9 Million Annual Visitors
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.42 AC
Zoning
CM - Commercial Miscellaneous
Parking
9.2 Spaces per 1,000 SF Leased
Amenities
- Corner Lot
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $354,368 | Total Assessment | $5,424,412 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$354,368
Improvements Assessment
$0
Total Assessment
$5,424,412
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