Property Details

USPS (Hyattsville Post Office)

Hyattsville, MD
Property ID: 2829

Financial Summary

Asking Price $899,000
Cap Rate 8.20%
Net Operating Income (NOI) Call for Details
Lease Type Other
Lease Term Remaining 3 Years
The Offering Memorandum for this property is no longer available.

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Highlights

  • Annual Rent: $74,580
  • Modified gross lease
  • Rare opportunity to purchase a redevelopment site with close proximity to DC corridor
  • Excellent location less than 10 miles from the White House
  • Large lot in an area with a high barrier to entry
  • The USPS has been the tenant since 2009
  • Large volume of pedestrian and auto traffic
  • It is densely filled retail location with excellent demographics
  • Roof and HVACs were replaced in 2016

Location

3312 Dodge Park Rd
Hyattsville, MD

Traci BidingerUSPS (Hyattsville Post Office)