6900 New Hampshire Ave
Takoma Park, MD
Price:
$4,733,000
Cap Rate:
5.00%
NOI:
$236,644
Building Size:
Approx. 2,790 Sq. Ft.
Lot Size:
Approx. 0.48 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2018
Investment Overview
- 2018 Construction. 2,790+/- SF Building on .48+/- Acre Site
- New 15-Year Corp NNN Lease beginning January 2019
- Along New Hampshire Ave (39K VPD) & Ethan Allen Ave
- 1.2-Miles Belford Towers (468-Units) & Tacoma Rail Station
- 2.2-Miles West of The Mall @ Prince Georges (910,352 S.F)
- 3-Miles SW from University of Maryland (28,742 Students)
- 2-Miles: Est Pop 137,849 | 3-Miles Avg HH Income: 95,374
- Takoma Park is a highly pursued suburb of Washington D.C
- Major Industries: Federal Government | Tourism $4.8 Billion
- Washington (MSA): Most Educated & Influential in the U.S