For Sale
$8,500,000

4521 Kenilworth AveBladensburg, MD 20710

Prime MD Retail Space, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional retail investment opportunity presents a substantial 174,240 square foot multi-tenant property located at 4521 Kenilworth Ave, Bladensburg, Maryland, 20710. The property, known as Three Brothers Center, is currently 80% occupied and offers a diverse mix of restaurant, shopping center, and storefront tenants. The asking price is $8,500,000, translating to a price per square foot of $48.78. The property's lease structure is a modified agreement, providing flexibility for potential buyers. A key advantage is that all current leases are either occupied by the seller or contain provisions allowing termination for a full building user, presenting significant potential for redevelopment or repositioning. This prime location in Prince George's County offers excellent visibility and accessibility, making it an attractive investment for both seasoned and emerging real estate investors seeking a strong return on investment in a thriving Maryland market. The property's size and diverse tenant mix provide a stable income stream with significant upside potential. This is a rare opportunity to acquire a substantial retail property in a desirable location with immediate income generation and long-term growth prospects.

Highlights

  • $8,500,000 asking price for this 174,240 square foot retail property.
  • Located at 4521 Kenilworth Ave, Bladensburg, MD 20710.
  • Multi-tenant retail property with 80% occupancy.
  • Modified lease terms available.
  • Property includes restaurant, shopping center, and storefront spaces.
  • Price per square foot is $48.78.

Property Details for 4521 Kenilworth Ave

Property type
Lifestyle centers, Power centers
Square Feet
174,240 SF

Location Insight

City
Bladensburg
County
Prince George's
State
Maryland
Latitude
38.945099585536
Longitude
-76.931455547851
4521 Kenilworth Ave, Bladensburg, Maryland

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4521 Kenilworth Ave
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