16481 Excalibur Rd Bowie, MD 20716
High-yield NNN ground lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Investment-grade lease guaranteed by PNC Bank, a top-6 US bank with an A- (S&P) / A2 (Moody's) credit rating.
- Absolute NNN ground lease; tenant responsible for all property expenses.
- High-performing PNC branch, top 5 in deposits within Prince George's County, strategically located in the Washington, D.C. MSA.
- Prime retail location adjacent to Collington Plaza, surrounded by national retailers including Walmart and Giant.
- Adjacent to a major new development including 77,635 SF of retail, 400+ apartments, 190 townhouses, and a 150-room hotel.
- Affluent area with average household income exceeding $148,000 within a 5-mile radius.
Property Details for 16481 Excalibur Rd
- Property type
- Retail properties, Drug stores
- Square Feet
- 3,468 SF
- Year Built
- 2007
- Buildings
- 1
- Lot Size (sq. ft)
- 44,431 SF
Location Insight
- City
- Bowie
- County
- Prince George's
- State
- Maryland
- Latitude
- 38.935219919032
- Longitude
- -76.718874734842
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN ground lease, strong tenant.
- Where is the retail property located?
- The property is located at 16481 Excalibur Rd Bowie, MD.
- What is the asking price?
- The asking price for this property is $3,850,000.
- What are key features of this property?
- This property features: Investment-grade lease guaranteed by PNC Bank, a top-6 US bank with an A- (S&P) / A2 (Moody's) credit rating.; Absolute NNN ground lease; tenant responsible for all property expenses.; High-performing PNC branch, top 5 in deposits within Prince George's County, strategically located in the Washington, D.C. MSA.
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