John Sabo 7032168222

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.

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

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

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

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	-	-	-	-

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
University Boulevard East	Anne St, NW	35,748	2025	0.06 mi
University Boulevard East	-	36,022	2025	0.07 mi
University Blvd	New Hampshire Ave, SE	36,727	2025	0.14 mi
Merrimac Dr	University Blvd E, SW	4,282	2020	0.15 mi
New Hampshire Ave	Lebanon St, N	35,858	2024	0.15 mi
New Hampshire Avenue	Lebanon St, N	35,538	2025	0.15 mi
University Blvd E	Merrimac Dr, S	38,510	2025	0.16 mi
Carroll Ave	Merrimac Dr, N	14,038	2025	0.16 mi
Merrimac Dr	Tahona Dr, W	4,282	2020	0.20 mi
Merrimac Drive	New Hampshire Ave, SE	4,964	2025	0.25 mi