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1021 University 1021 University Blvd 5,040 SF 100% Leased Retail Building Takoma Park, MD 20903 $2,900,000 ($575.40/SF)

INVESTMENT HIGHLIGHTS

  • Across the street from future Metro stop
  • Corner property large lot with plenty of parking
  • Stable tenants in place

EXECUTIVE SUMMARY

*Retail/Office building in super location across the street from future (2027) Purple Line Metro station.
*Ideal for an investor or user looking to own their location and capture potential future development.
*Each office/retail unit is self-contained with its' own HVAC, separately metered electric
*Superior corner location with plenty of parking for tenants and their customers
*Current owner invested in marquee sign for tenants providing great exposure
*Investors - potential for revenue growth NN investment Landlord pays some expenses
*Zoning is CRT (Commercial Residential Town) which supports future consolidation and development which is limited to between 0.25 and 4.0 FAR and to 35’-150' height
*2024 NOI of 250k - call for details.

ATTACHMENTS

1021 University Blvd E Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,040 SF
Building Class
C
Year Built
1954
Price
$2,900,000
Price Per SF
$575.40
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.17 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CRT - CRT - Commercial Residential Town development is limited to between 0.25 and 4.0 FAR and to 35’-150' height Proximity to future Metro line!

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • American Preferred Tag & Title
  • Finance and Insurance
  • -
  • -
  • -
  • Check Cash Depot
  • Finance and Insurance
  • -
  • -
  • -
  • Diversity Salon de Belleza
  • -
  • -
  • -
  • -
  • D'Shassel Unas
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

The law firm has many offices across the DMV area, including locations in Silver Spring, Langley Park, and Baltimore, Maryland. There are also offices in Manassas, Virginia, and Washington, DC. In Florida, the firm is spread across Southern Florida with offices in Homestead, Brickell, and Doral, along with a thriving practice in Orlando, Florida. Whether someone has been involved in an accident at work or in an automobile, has been arrested, or is facing criminal charges, the firm is ready to help. The lawyers are highly experienced, compassionate, and fluent in Spanish, Portuguese, French, and English. If a person has legal questions or is ready to retain the service of an accomplished lawyer, they are encouraged to call for a free consultation.

  • Sinai Multiple Service
  • Finance and Insurance
  • -
  • -
  • -
  • Sofy Tax
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
American Preferred Tag & Title Finance and Insurance - - -
Check Cash Depot Finance and Insurance - - -
Diversity Salon de Belleza - - - -
D'Shassel Unas - - - -
- - - -
Sinai Multiple Service Finance and Insurance - - -
Sofy Tax - - - -
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Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Citi
Capital One
Bank of America
Starbucks
IHOP
Patel Brothers
Giant Food

PROPERTY TAXES

Parcel Number 13-03163240 Improvements Assessment $1,013,700
Land Assessment $130,300 Total Assessment $1,144,000

PROPERTY TAXES

Parcel Number
13-03163240
Land Assessment
$130,300
Improvements Assessment
$1,013,700
Total Assessment
$1,144,000
(703) 216-8222

CONTACT

  • John Sabo
    John Sabo

  • Listing ID: 35612294

  • Date on Market: 4/23/2025

  • Last Updated:

  • Address: 1021 University Blvd, Takoma Park, MD 20903

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1021 University sign
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(703) 216-8222

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