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Smoothie King Drive-Thru & Mattress Firm 3550 Donnell Dr 4,975 SF 100% Leased Retail Building Forestville, MD 20747 $4,130,000 ($830.15/SF) 6.35% Cap Rate
EXECUTIVE SUMMARY
• 10-year Net Leases with 2% annual rent increases
• Tenants pay management and administrative fees
• New Roof with warranty
• Fully depreciable, two-tenant investment property
• Within the vibrant Penn Mar Shopping Center, one of the top performing community centers in the USA
• Located at Forestville’s 58,500 VPD retail hub with Target, Walgreens, Raising Cane’s, Starbucks, Shoppers, Wendy’s, Taco Bell, Five Below, JC Penny and more
• 5-mile trade area population of over 286,000
• 26 Minutes from Ronald Reagan Washington National Airport and Washington DC
• $106,404 average household income within a 3-mile radius
PROPERTY FACTS
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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$9.99
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Lorem Ipsum
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Jan 0000
Mattress Firm, the nation’s largest omni-channel mattress specialty retailer, through its predecessors, has been helping solve America’s sleep problems for numerous years. Every one of their passionate Sleep Experts are driven by a common purpose: to change people’s lives through better sleep. Whether browsing online or in one of our various stores, their highly trained team provides personalized service and advice to help customers choose the right mattress and bedding products based on their unique needs. Their expertly curated selection of products includes leading brands such as Beautyrest®, Nectar®, Sealy®, Serta®, Simmons®, Sleepy’s® Stearns & Foster®, Tempur-Pedic®, Tuft & Needle®, tulo®, and Purple®. Mattress Firm supports local and national charities through product and monetary donations and offers employee volunteering opportunities to serve their communities.
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- Accommodation and Food Services
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$9.99
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Lorem Ipsum
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Jan 0000
At Smoothie King, they believe each day is filled with promise and possibility. And their purpose is to help to get the most out of it. That’s why each of their ingredients is chosen carefully, and every one of their blends is crafted masterfully. So their customers can be their best self, live their best life, and rule the day. Their mission is to inspire people to live a healthy and active lifestyle, and their vision is to be an integral part of every health and fitness journey.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-0586396 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,326,000 |
PROPERTY TAXES
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Smoothie King Drive-Thru & Mattress Firm | 3550 Donnell Dr
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