9660 Lottsford Ct
Upper Marlboro, MD 20774
Outback Steakhouse: Largo, MD · Retail Property For Sale

Located 10 miles east of downtown Washington, D.C., the property is positioned with excellent access and visibilty along Lottsford Road (23,571 VPD), where it is just feet from its signalized intersection with Landover Road (65,492 VPD) and less than 1 mile from the on-ramp to Interstate 495 (238,450 VPD; the Capital Beltway). Outback is strategically positioned adjacent to Ruby Tuesday and Jasper’s, and is 1 mile from the rapidly expanding 750,000-square-foot Woodmore Towne Centre mixed-use development. Woodmore Towne Centre is anchored by Wegmans, Costco Wholesale, JCPenney, Nordstrom Rack and Best Buy, along with several other national tenants such as Hampton Inn (106 rooms), Old Navy, Party City, Petco, Foot Locker, Kay Jewelers, Edible Arrangements, Men’s Wearhouse, Starbucks, Firehouse Subs and T-Mobile, to name a few. Upon completion, the site will be home to 1,100 residential units, office space and the 60,000-square-foot Children’s National Medical Center—a comprehensive pediatric outpatient and specialty care center that is expected to open later this year. The site benefits from its position within Largo’s primary retail and commercial corridor with 4.1 MSF of retail, 4.6 MSF of office, 14.3 MSF of industrial and 9,304 multifamily units within a 3-mile radius. Major tenants within the immediate vicinity include Target, Lowe’s Home Improvement, PetSmart, Giant Food, Kaiser Permanente, Courtyard (107 rooms), Holiday Inn Express (89 rooms), Homewood Suites (116 rooms), WoodSpring Suites (121 rooms), AMC Theatres, Shoppers, Ross Dress for Less, Staples, Marshalls, Advance Auto Parts, Rainbow, Five Below, Longhorn Steakhouse, Applebee’s, TGI Fridays, Chick-fil-A and McDonald’s, among others. The corridor is highlighted by the presence of FedEx Field (Capacity: 82,000)—home of the NFL’s Washington Redskins just 2 miles from the property. Additionally, Outback is provided with a substantial built-in customer base due to its position less than 3 miles from Prince George’s Community College (Enrollment: 12,113) and proximity to over 32,000 households within a 3 mile radius. The property further benefits from dynamic demographics with a population of 88,271 and an average household income of $105,939 within a 3-mile radius.LONG-TERM