For Sale
$7,736,563

4001 Powder Mill RdBeltsville, MD 20705

High-yield, ground lease AMC theatre. Prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 40,000-square-foot, single-tenant, net-leased AMC Theatre located at 4001 Powder Mill Rd, Beltsville, MD 20705. The property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $618,925. Currently operating under a ground lease with a remaining term of 5.6 years, the lease extends to June 30, 2030, with a 10-year option. Built in 1993 and renovated in 2015, this well-maintained property features approximately 900 AMC signature recliner seats across eight screens. The 2.19-acre lot provides ample parking for 692 vehicles. Situated in Prince George's County within the Washington, D.C. metropolitan statistical area, this prime location benefits from high visibility on Powder Mill Road, with over 34,000 vehicles passing daily. The CGO zoning allows for versatile future uses, including commercial office, retail, and multi-family development. An assumable $1,000,000 loan at 4% interest is available, expiring in June 2029. The asking price is $7,736,563, translating to a price per square foot of $193.41. This is a rare opportunity to acquire a high-performing, net-leased asset in a desirable location with significant upside potential.

Highlights

  • Ground lease opportunity.
  • Located in Prince George's County, within the Washington, D.C. MSA.
  • $1,000,000 assumable loan at 4% interest, expiring June 2029.
  • CGO zoning allows for commercial, office, retail, and multi-family uses.
  • Prime Beltsville location.
  • AMC Theatre with signature seating for approximately 900 guests.

Property Details for 4001 Powder Mill Rd

Property type
Retail properties
Square Feet
40,000 SF
Year Built/Renovated
1993/2015
Buildings
1
Stories
1
Lot Size (sq. ft)
95,396 SF
Units
1

Location Insight

City
Beltsville
County
Prince George's
State
Maryland
Latitude
39.0457908
Longitude
-76.9375559
4001 Powder Mill Rd, Beltsville, Maryland

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4001 Powder Mill Rd
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