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Shopping Strip

The Starbucks Shops at Steeplechase 95

9100 Alaking Ct, Capitol Heights, MD 20743

Listing Price: $7,113,695

Cap Rate
5.25%
Gross SF
8,850
Rentable SF
8,850
Price/Gross SF
$803.81
Lot Size
1.75 acres
Year Built
2018

Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in a newer construction 8,850-square-foot Starbucks-anchored strip center in Capitol Heights, Maryland (the “Offering”). Located in the greater master planned Steeplechase 95 project, this retail strip is the newest addition to the multi-phased 110-acre mixed-use business park in Prince George’s County immediately off the Capital Beltway. The Offering presents an investor the opportunity to acquire a low management asset featuring national and regional retailers on new long-term leases with structured rental increases.

Investment Highlights

  • Newer Construction Five-Tenant Strip with Starbucks on End Cap Drive-Thru
  • Long-Term NNN Leases with Attractive Rental Growth
  • Located Immediately off and Visible from the D.C. Capital Beltway (225,365 VPD)

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Shopping Strip

The Starbucks Shops at Steeplechase 95

Listing Price: $7,113,695

Cap Rate
5.25%
Gross SF
8,850
Rentable SF
8,850
Price/Gross SF
$803.81
Lot Size
1.75 acres
Year Built
2018

Investment Highlights

  • Newer Construction Five-Tenant Strip with Starbucks on End Cap Drive-Thru
  • Long-Term NNN Leases with Attractive Rental Growth
  • Located Immediately off and Visible from the D.C. Capital Beltway (225,365 VPD)

Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in a newer construction 8,850-square-foot Starbucks-anchored strip center in Capitol Heights, Maryland (the “Offering”). Located in the greater master planned Steeplechase 95 project, this retail strip is the newest addition to the multi-phased 110-acre mixed-use business park in Prince George’s County immediately off the Capital Beltway. The Offering presents an investor the opportunity to acquire a low management asset featuring national and regional retailers on new long-term leases with structured rental increases.

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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