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Shopping Strip

New Construction 2 Tenant Strip Center

Rosewick Rd & US 301, Unit #2, La Plata, MD 20646

Listing Price: $3,970,439

Cap Rate
6.15%
Gross SF
7,000
Rentable SF
7,000
Price/Gross SF
$567.21
Lot Size
0.79 acres
Year Built
2023

Investment Overview

This is an opportunity to acquire a newly constructed two-tenant strip center in the high-growth Washington, DC suburb of La Plata, Maryland (the “Offering”). The parcel is part of the larger Rosewick Corner mixed-use project presently in development, featuring a newly opened Aldi grocery store, a pending national chain gas and convenience store, a pending carwash pad site, and a 193-unit multifamily community (starting construction shortly). The Offering faces the front entrance of the Aldi, and is effectively shadow-anchored by ALDI with a shared access point. The property has two additional means of access via the main entrance to the project, and collective signage. The construction is an attractive is block with red brick and EFIS façade.

Investment Highlights

  • Newly Constructed Two-Tenant Strip Center; Limited Management
  • Med-Tail Oriented Uses with 10-Year NNN Leases
  • Shadow-Anchored by Newly Opened ALDI with 193 New Apartment Constructed 200 yards away

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • Josh Ein

    First Vice President Investments

    (202) 536-3726

    Email Josh

    License(s): DC: SP98371724, MD: 643676, VA: 0225242141

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Financing By

  • Jared Cassidy

    First Vice President, Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Shopping Strip

New Construction 2 Tenant Strip Center

Listing Price: $3,970,439

Cap Rate
6.15%
Gross SF
7,000
Rentable SF
7,000
Price/Gross SF
$567.21
Lot Size
0.79 acres
Year Built
2023

Investment Highlights

  • Newly Constructed Two-Tenant Strip Center; Limited Management
  • Med-Tail Oriented Uses with 10-Year NNN Leases
  • Shadow-Anchored by Newly Opened ALDI with 193 New Apartment Constructed 200 yards away

Investment Overview

This is an opportunity to acquire a newly constructed two-tenant strip center in the high-growth Washington, DC suburb of La Plata, Maryland (the “Offering”). The parcel is part of the larger Rosewick Corner mixed-use project presently in development, featuring a newly opened Aldi grocery store, a pending national chain gas and convenience store, a pending carwash pad site, and a 193-unit multifamily community (starting construction shortly). The Offering faces the front entrance of the Aldi, and is effectively shadow-anchored by ALDI with a shared access point. The property has two additional means of access via the main entrance to the project, and collective signage. The construction is an attractive is block with red brick and EFIS façade.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • Josh Ein

    First Vice President Investments

    (202) 536-3726

    Email Josh

    License(s): DC: SP98371724, MD: 643676, VA: 0225242141

    Washington, D.C.

  • David S. Crotts

    First Vice President Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Financing By

  • Jared Cassidy

    First Vice President, Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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