7105-7109 ALLENTOWN RD Active Save Request In-Person Tour Request Virtual Tour
Fort Washington,MD 20744
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
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