5010-5016 46th Avenue

Hyattsville, MD 20781

Offering Memorandum

The Offering

Summary

  • List Price $2,995,000
  • Product Type Industrial
  • Occupancy 100%
  • Gross Building Area 15,177 SF
  • Lot Size 36,273 SF
  • Zoning IE

Investment Summary

Feldman Ruel is pleased to present 5010-5016 46th Avenue, a portfolio of four industrial properties in Hyattsville, Maryland. Zoned Industrial Employment (IE), the subject properties present a rare opportunity for light industrial uses inside the Beltway. In 2022, Prince George’s County changed the zoning for many of Hyattsville’s other industrial areas, restricting many of the types of uses that have historically operated from city’s warehouses and service bays. The subject properties are located in one of the few areas continuing to allow by-right industrial use such as auto service. As a result, IE-zoned properties with drive-in bays are in high demand. The subject properties’ six units are ideally sized for small-business operators, and the site includes generous on-site parking. 5010-5016 46th Avenue conveys fully leased with expiration dates ranging from the end of December 2028 through the end of December 2030, providing stable gross income of almost $300,000 per year.

Investment Highlights

• 4 Contiguous Properties | 15,177 SF of GBA with Drive-In Bays & On-Site Parking

• High-Demand Industrial Zone | Light Industrial & Commercial Uses Allowed
• 100% Leased to 6 Different Tenants | Gross Annual Rent of Almost $300,000

• Less than 2 Miles from Washington, D.C. | Close to I-495 & Route 50

Listing Agents

Hannah McCann

Hannah McCann

Investment Associate
(240) 932-0009
LaMarr Datcher

LaMarr Datcher

Associate Director
Feldman Ruel
(240) 932-0004
Brandon Cardwell

Brandon Cardwell

Investment Associate
Feldman Ruel
(240) 932-0015