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9891 Rhode Island Ave
College Park, MD 20740

$3,040,000 USD

Service Station For Sale  •  1,734 SF

Property Details

• Property Type Service Station
• Total Building Size 1,734 SF
• Lot Size 0.57 AC
• Building Class C
• Year Built 1957
• Cap Rate 7.50 %
• Tenancy Single
• Zoning CSC, County

55 Transit Score

77 Walk Score

Highlights

Great demographics 5-mile | Pop +359K | Income +100K

Excellent traffic +10,000 VPD

Excellent Cap Rate 7.25% | 2% annual rental increases to hedge against inflation.

15 year Sale Leaseback from Mul Tenant Operator with high net worth.

Property Flyers

Citgo OM27

Cap Rate:

7.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Citgo		7/17/2037

Amenities

• Pylon Sign

Public Transportation

Commuter Rail	Drive	Walk	Distance
Greenbelt (Camden Line - Maryland Area Regional Commuter Trains (The MARC))	4 min	12 min	0.7 mi
Greenbelt (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail))	4 min	14 min	0.8 mi
Airport	Drive	Walk	Distance
Ronald Reagan Washington Ntl	32 min	-	17.2 mi
Baltimore/Washington International Thurgood Marshall	34 min	-	21.4 mi
Washington Dulles International	54 min	-	35.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes