For Sale
$5,874,758

8912 Woodyard Rd Clinton, MD 20735

High-yield, corporate-backed ground lease

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a fee-simple ground lease on a 4,100 square foot TD Bank property in Clinton, MD, within the Washington, D.C. MSA. The property boasts a 20-year absolute NNN lease (expiring December 1, 2026, with four 5-year options), featuring rent bumps based on fair market value or 12% above the prior rent. The tenant, TD Bank, holds an AA- credit rating from S&P and enjoys significant financial stability. Located at 8912 Woodyard Rd, Clinton, MD 20735, this single-tenant property sits on a 0.97-acre lot and benefits from a high daily traffic count exceeding 149,000 vehicles due to its proximity to major roadways and retail centers like Woodyard Crossings (540,000 sq ft) and The Landing at Woodyard (221,000 sq ft), anchored by national brands such as Walmart, Lowe's, Safeway, Ross, and Aldi. The affluent surrounding area boasts an average household income exceeding $130,000 within a one-mile radius. The property's strategic location is also enhanced by its proximity to Joint Base Andrews and MedStar Southern Maryland Hospital. The current NOI is $425,920, with an asking price of $5,874,758 and a 7.25% cap rate. This presents a compelling investment opportunity with strong tenant credit, a prime location, and built-in rent growth.

Highlights

  • Corporate-backed, long-term lease with TD Bank (AA credit rating).
  • Rent increases every five years.
  • Prime location, eight miles from downtown Washington, D.C.
  • High-income area ($130,000+ average household income within one mile).
  • Directly across from 540,000 SF Woodyard Crossings retail center (Walmart, Lowe's, Safeway, etc.).
  • Two miles south of Joint Base Andrews.

Property Details for 8912 Woodyard Rd

Property type
Retail properties, Banks
Square Feet
4,100 SF
Class
B
Lot Size (sq. ft)
42,253 SF
Units
1

Location Insight

City
Clinton
County
Prince George's
State
Maryland
Latitude
38.767032268615
Longitude
-76.887490574732
8912 Woodyard Rd, Clinton, Maryland

FAQs

What type of property is this?
Retail property - High-yield, corporate-backed ground lease
Where is the retail property located?
The property is located at 8912 Woodyard Rd Clinton, MD.
What is the asking price?
The asking price for this property is $5,874,758.
What are key features of this property?
This property features: Corporate-backed, long-term lease with TD Bank (AA credit rating).; Rent increases every five years.; Prime location, eight miles from downtown Washington, D.C.
How can I contact the broker?
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8912 Woodyard Rd
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