Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to present Snowden Crossing, a newly renovated 12,137-square-foot retail center located in Columbia, Maryland. The Property is 100% leased to four notable retailers, Starbucks, Curaleaf, Charm City Run, and Crimson Coward. With a CAGR near 2% and weighted average lease term over 6 years, Snowden Crossing provides steady cash flow from creditworthy tenants within a thriving, high-income market in one of the Mid-Atlantic’s most desirable retail corridors. ANCHORED BY STARBUCKS SINCE 2006 – The Property recently underwent a $2 million capital improvement project that included a building expansion, new façades, roofing, site and landscaping upgrades, and complete tenant build-outs. As part of the renovation, Starbucks relocated to the end-cap to allow for a drive-thru lane, and executed a 10-year lease extension, further reinforcing its long-term commitment to the location. Starbucks is joined by Crimson Coward, a rapidly expanding hotchicken concept from California, which selected Snowden Crossing for its first Maryland location, and Charm City Run, a regional running and walking specialty company with seven locations around Maryland and Delaware.