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