$1,790,900

( $482.72Per Sq Foot )

$9,614 est/mo Sourced by Back At You

Images

Description

UPDATE: Newly renegotiated lease with 5% escalation | 7.15% Cap Rate Available for the first time in 70 years, 7605-7609 Marlboro Pike is a ±3,710 SF fully-leased retail asset offering immediate, high-performance cash flow. The property is 100% occupied by long-term tenants, recently bolstered by a newly renegotiated lease for the nail salon suite featuring 5% annual rent escalations. This lease structure provides a superior yield-on-cost and protection against inflation, supporting a robust 7.15% Cap Rate at the $1,790,900 list price. Positioned on a high-visibility corridor (31,000 VPD) within a Prince George's County revitalization zone, the asset has maintained a legendary 0% vacancy rate under family ownership since 1956. This is a premier 1031 exchange opportunity, offering rare stability combined with aggressive rental growth. For investors, this translates into a compelling profile:- In-place income today- Basis below replacement cost in a transitioning corridor- Exposure to a multi-year redevelopment initiative backed by local planning authorities Please do not disturb tenants. Notify advisor if you require access inside each shop.

Details

MLS #	MDPG2198748
Listing Type	For Sale
Sub-Type	Resale
Status	Active-bright
Year	1958
Days On Site	163
Listing Provided By	Engel & Volkers Washington, DC \| Anita John

Features

Zoning	CGO
Acreage	0.18

Interior

Cooling	Other
Heating Yes / No	Yes
Heating	Other

Exterior

Roof	Flat
Construction Materials	Brick Front, Brick

Parking

Garage Yes / No	No

Utilities

Utilities	Other

Taxes

Tax Annual Amount	6514.73

Area Information

State	MD
County	PRINCE GEORGES MD
City	DISTRICT HEIGHTS
Zip Code	20747
Area	PRINCE GEORGES MD
School District	PRINCE GEORGE'S COUNTY PUBLIC SC
Listing VS Median (in 20747)
Price: $1,790,900 low \| high Med: $330,000 100% of Average On site: 163 low \| high Med: 27 100% of Average

Sourced by Back At You

Market Activity 20747

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Aug 2026	Sales: 4	Avg $ Per SqFt: $219.68	Min Sale Price: $260,000	Max Sale Price: $480,000	Med Sale Price: $335,000
Date: Jul 2026	Sales: 8	Avg $ Per SqFt: $222.24	Min Sale Price: $198,750	Max Sale Price: $585,000	Med Sale Price: $374,250
Date: Jun 2026	Sales: 19	Avg $ Per SqFt: $257.15	Min Sale Price: $84,150	Max Sale Price: $425,000	Med Sale Price: $355,000
Date: May 2026	Sales: 18	Avg $ Per SqFt: $216.66	Min Sale Price: $85,000	Max Sale Price: $595,000	Med Sale Price: $330,000
Date: Apr 2026	Sales: 20	Avg $ Per SqFt: $253.82	Min Sale Price: $160,000	Max Sale Price: $470,000	Med Sale Price: $347,500
Date: Mar 2026	Sales: 27	Avg $ Per SqFt: $265.36	Min Sale Price: $120,000	Max Sale Price: $467,000	Med Sale Price: $365,000
Date: Feb 2026	Sales: 20	Avg $ Per SqFt: $238	Min Sale Price: $170,000	Max Sale Price: $510,000	Med Sale Price: $340,000
Date: Jan 2026	Sales: 55	Avg $ Per SqFt: $212.43	Min Sale Price: $975	Max Sale Price: $475,000	Med Sale Price: $316,000
Date: Dec 2025	Sales: 184	Avg $ Per SqFt: $176.21	Min Sale Price: $950	Max Sale Price: $850,000	Med Sale Price: $214,950
Date: Nov 2025	Sales: 15	Avg $ Per SqFt: $201.7	Min Sale Price: $2,450	Max Sale Price: $439,950	Med Sale Price: $335,000
Date: Oct 2025	Sales: 17	Avg $ Per SqFt: $232.92	Min Sale Price: $105,000	Max Sale Price: $464,900	Med Sale Price: $370,000
Date: Sep 2025	Sales: 7	Avg $ Per SqFt: $202.87	Min Sale Price: $1,400	Max Sale Price: $385,000	Med Sale Price: $305,000

Sourced by Back At You

Aug 2026
Sales:	4
Avg $ Per SqFt:	$219.68
Min Sale Price:	$260,000
Max Sale Price:	$480,000
Med Sale Price:	$335,000
Jul 2026
Sales:	8
Avg $ Per SqFt:	$222.24
Min Sale Price:	$198,750
Max Sale Price:	$585,000
Med Sale Price:	$374,250
Jun 2026
Sales:	19
Avg $ Per SqFt:	$257.15
Min Sale Price:	$84,150
Max Sale Price:	$425,000
Med Sale Price:	$355,000
May 2026
Sales:	18
Avg $ Per SqFt:	$216.66
Min Sale Price:	$85,000
Max Sale Price:	$595,000
Med Sale Price:	$330,000
Apr 2026
Sales:	20
Avg $ Per SqFt:	$253.82
Min Sale Price:	$160,000
Max Sale Price:	$470,000
Med Sale Price:	$347,500
Mar 2026
Sales:	27
Avg $ Per SqFt:	$265.36
Min Sale Price:	$120,000
Max Sale Price:	$467,000
Med Sale Price:	$365,000
Feb 2026
Sales:	20
Avg $ Per SqFt:	$238
Min Sale Price:	$170,000
Max Sale Price:	$510,000
Med Sale Price:	$340,000
Jan 2026
Sales:	55
Avg $ Per SqFt:	$212.43
Min Sale Price:	$975
Max Sale Price:	$475,000
Med Sale Price:	$316,000
Dec 2025
Sales:	184
Avg $ Per SqFt:	$176.21
Min Sale Price:	$950
Max Sale Price:	$850,000
Med Sale Price:	$214,950
Nov 2025
Sales:	15
Avg $ Per SqFt:	$201.7
Min Sale Price:	$2,450
Max Sale Price:	$439,950
Med Sale Price:	$335,000
Oct 2025
Sales:	17
Avg $ Per SqFt:	$232.92
Min Sale Price:	$105,000
Max Sale Price:	$464,900
Med Sale Price:	$370,000
Sep 2025
Sales:	7
Avg $ Per SqFt:	$202.87
Min Sale Price:	$1,400
Max Sale Price:	$385,000
Med Sale Price:	$305,000

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Contact

Learn More About This Property

Roe Iyoha

Century 21 Gold Key Realty

(302) 563-6314 roeiyoha@c21gk.com

State	MD
County	PRINCE GEORGES MD
City	DISTRICT HEIGHTS
Zip Code	20747
Area	PRINCE GEORGES MD
School District	PRINCE GEORGE'S COUNTY PUBLIC SC
Listing VS Median (in 20747)
Price: $1,790,900 low \| high Med: $330,000 100% of Average On site: 163 low \| high Med: 27 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/4 mile)

Price: $1.343M - $2.238M

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$2,100 3111 Ritchie Rd District Heights, MD 20747
	$2,400 3111 Ritchie Rd District Heights, MD 20747

Listing Updated: September 17, 2026 at 12:15:21 AM PDT