Multi-Tenant Retail

Grocery Shadow Anchored Center | 8.88% Cap | Across from Fort Meade | Daytime Population: 146k+ | 97.4% Occupancy

2288 Blue Water Blvd, Odenton, MD 21113

Listing Price: $22,000,000

Click To Access Offering Memorandum
  • Cap Rate8.88%
  • Building SF106,081 SF
  • Price/SF$207.39
  • Year Built / Renovated2001

Investment Highlights

Key Property Highlights

  • 97.4% Leased Mixed-Use Office & Retail Center
  • Strong Rent Roll: Government Contractors, Medical, Technology, Professional Services, and Retail
  • Potential Value‑Add Opportunity via Future Outlot Development (±30,000 SF Pad Site)
  • Shadow‑Anchored by Weis Markets, a Daily‑Needs Grocer Driving Consistent Traffic to the Center
  • Strong Traffic Exposure: 29,163 VPD on MD-175/Annapolis Road and 43,182 VPD on MD‑32
  • Blended Lease Structures With Scheduled Rent Increases and NNN Retail Tenancies
  • Anchored by the Region’s Largest Economic Driver – Fort George G. Meade: ~57,000 Employees

Additional Highlights

  • Minutes to U.S. Cyber Command, NSA, and Multiple Federal Agencies
  • High Demand Corridor for Federal, Defense, and Cybersecurity Tenants
  • Excellent Regional Connectivity: MD-175, MD-295, I-97, and BWI Airport
  • Dense Surrounding Residential Base Supporting Retail Tenants
  • Strong Local Demographics: Supported by Average Household Income: $145,653 | Day Time Population: 146,399
  • Located in One of the Mid-Atlantic’s Most Secure and Economically Resilient Markets
Lead Agent

Darin Gross

Senior Director Investments

Lic: MI 6501384871

Seth Haron

Managing Director Investments

Lic: MI 6501373006

Ashish Vakhariya

Senior Managing Director Investments

Lic: MI 6501322501

Maryland Broker of Record | Brian Hosey | 7200 Wisconsin Ave., Ste. 1101 Bethesda, MD 20814 | (202) 536-3700 | Lic #:MD 5005538