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21703 Great Mills Rd 14,310 SF 100% Leased Retail Building Lexington Park, MD 20653 $3,500,000 ($244.58/SF)
Investment Highlights
- Large former theater space with expansive, open floor plate
- Accommodates large-format users and high-capacity operations
- Minimal structural obstructions for maximum layout efficiency
- Wide, uninterrupted layout ideal for flexible buildouts
- Well-suited for experiential concepts, entertainment, or specialty uses
- High ceilings enhance volume and adaptability
Executive Summary
Former theater property at 21703 Great Mills Rd offering a large, open-span layout designed for flexibility and scale. The building features a wide, unobstructed floor plate with high ceilings, allowing for efficient reconfiguration to suit a variety of commercial uses. Its size and layout accommodate high-capacity operations, making it well-suited for entertainment, experiential retail, or specialized concepts.
Located in Lexington Park, the property benefits from strong visibility and access, surrounded by established retail, services, and major employment drivers. With its adaptable structure and strategic positioning, the asset presents a clear opportunity for repositioning or redevelopment to maximize value.
Located in Lexington Park, the property benefits from strong visibility and access, surrounded by established retail, services, and major employment drivers. With its adaptable structure and strategic positioning, the asset presents a clear opportunity for repositioning or redevelopment to maximize value.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,310 SF
Building Class
B
Year Built
1974
Price
$3,500,000
Price Per SF
$244.58
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.71 AC
Opportunity Zone
Yes
Zoning
DMX - Downtown Mixed Use
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $7,500 | Total Assessment | $9,858,633 |
Property Taxes
Parcel Numbers
Land Assessment
$7,500
Improvements Assessment
$0
Total Assessment
$9,858,633
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21703 Great Mills Rd
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