41st Street & Pennwood Portfolio

For Sale

4301-4323 41st Street & 4300-4324 Pennwood Road, Brentwood, MD 20722

This Brentwood property for sale is located at 4301-4323 41st Street & 4300-4324 Pennwood Road. Contact the listing broker for details on the current sale price for 41st Street & Pennwood Portfolio.

Contacts

broker

Omar S. McKeithan

NAI Michael

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 105,400 SF
  • Additional Rent Contact for pricing
  • Date Updated Jul 10, 2024
  • Dock High Doors 1
  • HVAC None
• Located in a development corridor—Gateway Arts District Sector Plan. Property is surrounded by new development to the northeast in Hyattsville and College Park, and to the southwest toward DC • Quick access to Route 50 and the Capital Beltway (I-495/I-95) • Close to major employers, including University of Maryland College Park • Near amenities such as Busboys Poets, Franklins, Pizza Paradiso, The Shops at Dakota Crossing, etc. • Close to neighborhoods such as Woodridge, Brookland, and HyattsvilleNAI Michael has been retained by ownership as the exclusive representative for the disposition of the 73% leased industrial portfolio in Brentwood, MD known as the 41st Street and Pennwood Portfolio. This portfolio consists of 12 industrial buildings totaling 105,400± SF on 3.5± acres of land. The 41st Street and Pennwood Portfolio is very attractive due to its flexibility. It was previously zoned Urban Light Industrial (ULI), which allows for the existing industrial uses. In 2022, the block was rezoned to Neighborhood Activity Center (NAC), which now allows for more dense mixed-use development. The portfolio can still be used as industrial until 2032, then can continue being used as industrial via a non-conforming use permit.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 73% occupied
  • Total of 105,400± SF in 12 buildings
  • Excellent value-add opportunity
  • Flexible leases that can be restructured to true triple net leases
  • 3.5± acres of developable land
  • Flexible prior zoning was ULI which allows for industrial use
  • New zoning is NAC which allows for denser mixed-use development
  • 12 drive-ins and covered loading dock
  • One block off the highly trafficked Rhode Island Avenue (Route 1)
  • One of very few big blocks of industrial space that close to DC

Attachments

Getting around

  • 73/100

    Walk Score ®

  • 86/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Brentwood, MD
  • Zip Code 20722
  • Market Washington DC Suburban Maryland

Points of Interest

  • West Hyattsville

    1.42 miles

  • Prince George's Plaza

    1.76 miles

  • Riverdale

    1.81 miles

  • Capitol Heights

    4.08 miles

  • Addison Road

    4.81 miles

  • Greenbelt

    5.26 miles

  • Greenbelt

    5.36 miles

  • Morgan Boulevard

    5.51 miles

  • Naylor Road

    6.17 miles

  • Largo Town Center

    6.38 miles

  • Rhode Island Ave MD Valero

    0.23 miles

  • Liberty

    0.28 miles

  • Citgo

    0.72 miles

  • Exxon

    1.16 miles

  • BP

    1.21 miles

  • Baltimore Ave Valero

    1.56 miles

  • Exxon

    1.70 miles

  • Sunoco

    1.81 miles

  • BP

    1.95 miles

  • Mobil

    1.95 miles

  • Queens Car Wash

    1.20 miles

  • Happy Wash

    1.24 miles

  • EZ Auto Rental

    1.43 miles

  • Dr. Car Wash

    2.76 miles

  • Zipcar

    2.91 miles

  • Enterprise

    3.30 miles

  • Zip Car

    3.44 miles

  • College Park Car Wash

    4.03 miles

  • Ryder

    4.52 miles

  • Quick Car Wash

    4.78 miles

  • Little Miner Taco

    0.11 miles

  • Pollo Sabroso

    0.15 miles

  • KFC

    0.36 miles

  • Burger King

    0.37 miles

  • McDonald's

    0.37 miles

  • IHOP

    0.42 miles

  • The Water Hole

    0.52 miles

  • ZZ Pizza & Kabob

    0.52 miles

  • Dodah's Kitchen

    0.55 miles

  • Pennyroyal Station

    0.60 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Omar S. McKeithan

NAI Michael