1793 Olive St, Capitol Heights, MD 20743

Property Description

Guzman Group is excited to offer this unique opportunity to purchase a portfolio of three rare, adjacent properties featuring loading-dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to capitalize on rising industrial lease rates and shrinking industrial inventory. Ideal for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23’ ceiling height, and a gated, secure parking lot. Ideal for an investor or owner/user. *1789 Fully available Vacant *1791 Leased until 2031, with an option for an extension *1793 Is Leased until 2028 with an option for an extension. All 3 units are adjacent, but currently demised Hard to find I-2 zoning for heavy industrial uses with abundant surface parking Offer Summary, Unit 1789 4,307± SF Unit 1791 4,249± SF Unit 1793 3,622± SF TOTAL 12,178± Leased SQF Market price is $16.00 x 12,178 SQF=$197,229.00-NOI, (CAP=.078% The market prices may change depending on the location and condition) Please don't disturb the tenant; please confirm all appointments. The buyer must do the due diligence before submitting an offer. PORTFOLIO OFFER AT -ALL THREE PROPERTIES TOTAL PRICE OF ($2,500,000.00)