MLS Number MDPG2080516
- Property SubType Office
- Acreage 1.08
Introducing a Prime Investment Opportunity in Oxon Hill, Maryland! 🌟 Fully Leased Office Building with a Solid 7% Cap Rate This remarkable property boasts a fully leased office building with a solid net income, offering a lucrative 7% Capitalization Rate (Cap Rate). Its excellent maintenance, both inside and out, ensures a lasting investment opportunity for discerning buyers. Cash cow netting you $350K per year. need to say more this is your opportunity to own a beautiful office building. 🚗 Ample Parking and Expansion Potential The property includes plenty of parking spaces, and an adjacent lot can be negotiated as part of the sale. This offers flexibility for future expansion or development, making it a savvy investment choice. 🏢 Versatile Usage Potential Situated in the rapidly changing Oxon Hill area, this building presents multiple possibilities for income generation. It can be repurposed for enhanced revenue or transformed into new developments such as renowned hotel chains like Marriott or Hilton, apartments, or major retail establishments. ⚕️ Medical Practitioner's Dream The first floor features a state-of-the-art operating room with a waiting area and offices, making it an ideal location for a medical practitioner or doctor's office. 🏆 Hot Property with Updated Zoning Recently updated to a NAC zone, this property is in high demand. Located southeast of Washington, DC's downtown district and east of Alexandria, Virginia, it is strategically positioned for success. 🌆 Strategic Location Situated near bustling Oxon Hill Rd, the property is surrounded by major businesses, retailers, restaurants, and banks. It offers easy access to Interstate 95/495 Capital Beltway and is just 10 minutes from the thriving National Harbor area, which continues to see significant development. Price to Sell This is a rare opportunity for savvy investors with vision. With two proposed developments within a 5-minute radius-condos with 200+ units and a high-rise apartment building with 200+ units-this property promises substantial returns. Don't miss out on this exceptional investment in one of Maryland's hottest areas. Contact us today to seize this golden opportunity!
Listed by Sebrin Adem of RE/MAX Allegiance