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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

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Executive Summary

• Brand new redevelopment with $1M+ buildout & improvements
• 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

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
4,975 SF
Building Class
B
Year Built/Renovated
1977/2023
Price
$4,130,000
Price Per SF
$830.15
Cap Rate
6.35%
NOI
$262,242
Percent Leased
100%
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

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Mattress Firm is a U.S.-based mattress and sleep products retailer headquartered in Houston, Texas. Founded in 1986, the company began with a single store and expanded steadily through acquisitions, franchise development, and continued retail growth. Mattress Firm operates thousands of locations across the country offering mattresses, adjustable bases, bedding accessories, and related sleep solutions. The organization’s headquarters manages strategic planning, corporate operations, supply chain functions, merchandising, marketing, and customer service.

  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Smoothie King operates its headquarters at 9797 Rombauer Road in Coppell, Texas, serving as the administrative and support center for its nationwide franchise network. Founded in 1973, the company has grown into a major provider of functional smoothies designed to support health, wellness, and active lifestyles. The Coppell location manages corporate functions including franchise operations, product development, marketing, and customer support. Smoothie King emphasizes nutritious ingredients such as whole fruits and organic vegetables and has steadily reduced artificial ingredients in many of its recipes. As a privately held organization, Smoothie King provides operational oversight to more than 1,000 stores across the United States and internationally. The Coppell headquarters also supports the brand’s digital ordering, loyalty programs, and franchise expansion initiatives. This site is identified in public listings as the central administrative office rather than a retail store, though some directories list it under food and beverage categories due to its association with the brand.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Starbucks
Shoppers
PNC Bank
Applebee's
IHOP
Truist
Bank of America
Checkers
Industrial Bank
United Rentals-equipment & Tool Rentals

Property Taxes

Property Taxes

Parcel Number
06-0586396
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,326,000
  • Listing ID: 36809609

  • Date on Market: 7/18/2025

  • Last Updated:

  • Address: 3550 Donnell Dr, Forestville, MD 20747

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