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Royal Farms | 2,400 Homes Planned Nearby!

5770 Woodyard Rd, Upper Marlboro, MD 20772

Listing Price: $4,316,000

Cap Rate
5.15%
Tenant Name
Royal Farms
Years Remaining On Lease
18.5
Guarantor
Corporate Guarantee
Rentable SF
4,650
Lease Type
NNN Ground Lease
Rent Per Square Feet
$47.80

Investment Overview

The tenant, Two Farms, Inc., doing business as Royal Farms, is subject to a 20-year absolute net ground lease commenced in February of 2024. The lease features a ten percent (10%) rental increase in year 11 of the base term and every five years thereafter, including each of the four, five-year extension periods. Royal Farms now operates over 280 stores across 7 states. This will be their 4th location in the Upper Marlboro area of Maryland and the site will feature 16 multi-product dispensers (MPDs) in addition to their 24/7 convenience store. The store opened late July 2025.

Investment Highlights

  • 18.5 YEARS REMAIN ON GROUND LEASE WITH 10% RENT INCREASES
  • 2+ ACRE PARCEL LOCATED OFF HEAVILY TRAFFICKED ROUTE 4 INTERCHANGE (50K+ VPD)
  • DC AREA GROWTH MARKET WITH 2,600+ UNITS PLANNED/IN CONSTRUCTION WITHIN ½ MILE RADIUS

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

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

    Washington, D.C.

  • David S. Crotts

    Managing Director Investments

    (202) 536-3757

    Email David

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

    Washington, D.C.

Auto Service - Gas-Conv

Royal Farms | 2,400 Homes Planned Nearby!

Listing Price: $4,316,000

Cap Rate
5.15%
Tenant Name
Royal Farms
Years Remaining On Lease
18.5
Guarantor
Corporate Guarantee
Rentable SF
4,650
Lease Type
NNN Ground Lease
Rent Per Square Feet
$47.80

Investment Highlights

  • 18.5 YEARS REMAIN ON GROUND LEASE WITH 10% RENT INCREASES
  • 2+ ACRE PARCEL LOCATED OFF HEAVILY TRAFFICKED ROUTE 4 INTERCHANGE (50K+ VPD)
  • DC AREA GROWTH MARKET WITH 2,600+ UNITS PLANNED/IN CONSTRUCTION WITHIN ½ MILE RADIUS

Investment Overview

The tenant, Two Farms, Inc., doing business as Royal Farms, is subject to a 20-year absolute net ground lease commenced in February of 2024. The lease features a ten percent (10%) rental increase in year 11 of the base term and every five years thereafter, including each of the four, five-year extension periods. Royal Farms now operates over 280 stores across 7 states. This will be their 4th location in the Upper Marlboro area of Maryland and the site will feature 16 multi-product dispensers (MPDs) in addition to their 24/7 convenience store. The store opened late July 2025.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

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

    Washington, D.C.

  • David S. Crotts

    Managing Director Investments

    (202) 536-3757

    Email David

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

    Washington, D.C.

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