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3550 Donnell Dr
Forestville, MD 20747
Net Leased Retail w/Drive-Thru | $253,900 NOI · Retail Property For Sale
Investment Highlights
- Fully leased multi-tenant retail asset with a drive-thru, providing a new owner with strong in-place cash flow and limited landlord responsibilities.
- Prime southeast Washington DC MSA location on the highly trafficked Pennsylvania Avenue (Route 4), receiving over 60,000 vehicles passing by daily.
- Located in close proximity to Penn Mar & Centre at Forestville, featuring tenants like Target, Shoppers, Petco, Chipotle, Raising Cane's, and more.
- Net leased to popular and reputable tenants Mattress Firm and Smoothie King through 2033 and 2034, with two five-year options & annual 2% escalations.
- Strong 5-mile demographics featuring over 54,100 residents with an average household income above $91,600 and consumer spending above $582M.
- Renovated storefront building on 1.07 acres of land with CGO (commercial, general & office) zoning.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
4,975 SF
Building Class
B
Year Built/Renovated
1977/2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.07 AC
Zoning
CGO - Commercial, General and Office
Parking
44 Spaces (8.84 Spaces per 1,000 SF Leased)
Frontage
231’ on Pennsylvania Ave
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 06-0586396 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,326,000 |
Property Taxes
Parcel Number
06-0586396
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,326,000
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