4800 Indian Head Highway

This 2.29-acre corner property is located along Southern Avenue, the southeastern border with the District of Columbia, and Indian Head Highway (Route 210) a heavily traveled artery - averaging 31,745 vehicles per day - connecting the District of Columbia to surrounding Maryland suburbs. Recently, the sellers installed new road access to provide direct right-in/right-out access to Indian Head Highway. Forman Mills is directly across Indian Head Highway from Eastover Plaza, a 171,000+/- SF Giant Food anchored shopping center. Giant Food is the highest grossing grocery chain in the DC region.NAI Michael is pleased to offer for sale a freestanding retail building that is fully leased to Forman Mills. The property is located at 4800 Indian Head Highway (MD 210), Oxon Hill, Maryland 20640. This prominent property was fully renovated in 2018. This asset provides a solid in-place income, and the underlying zoning - CGO (Commercial General Office) - allows for multiple adaptive reuses or future redevelopment. The Forman Mills asset provides the new ownership with minimal landlord responsibilities, plus 7 years remaining on the lease with two renewal options to extend. The site offers excellent future redevelopment and adaptive reuses.The property is a freestanding retail building totaling 33,913± SF on 2.29± acres. It sits at a prominent intersection to Washington DC. The building's interior was fully renovated in 2019 with upgraded restrooms, HVAC, ceiling grid, LED lights, and VCT flooring.