41st Street & Pennwood Portfolio

4301-4323 41st Street & 4300-4324 Pennwood Road, Brentwood, MD 20722

  • For Sale Subject To Offer
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 105,400 SF
  • Additional Rent Contact for pricing
  • Date Updated Dec 10, 2024
  • Dock High Doors 1
  • HVAC None
• Located in a development corridor—Gateway Arts District Sector Plan. Property is surrounded by new development to the northeast in Hyattsville and College Park, and to the southwest toward DC • Quick access to Route 50 and the Capital Beltway (I-495/I-95) • Close to major employers, including University of Maryland College Park • Near amenities such as Busboys Poets, Franklins, Pizza Paradiso, The Shops at Dakota Crossing, etc. • Close to neighborhoods such as Woodridge, Brookland, and HyattsvilleNAI Michael has been retained by ownership as the exclusive representative for the disposition of the 73% leased industrial portfolio in Brentwood, MD known as the 41st Street and Pennwood Portfolio. This portfolio consists of 12 industrial buildings totaling 105,400± SF on 3.5± acres of land. The 41st Street and Pennwood Portfolio is very attractive due to its flexibility. It was previously zoned Urban Light Industrial (ULI), which allows for the existing industrial uses. In 2022, the block was rezoned to Neighborhood Activity Center (NAC), which now allows for more dense mixed-use development. The portfolio can still be used as industrial until 2032, then can continue being used as industrial via a non-conforming use permit.
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Attachments

Highlights

  • 73% occupied
  • Total of 105,400± SF in 12 buildings
  • Excellent value-add opportunity
  • Flexible leases that can be restructured to true triple net leases
  • 3.5± acres of developable land
  • Flexible prior zoning was ULI which allows for industrial use
  • New zoning is NAC which allows for denser mixed-use development
  • 12 drive-ins and covered loading dock
  • One block off the highly trafficked Rhode Island Avenue (Route 1)
  • One of very few big blocks of industrial space that close to DC

Contacts

broker
Omar S. McKeithan

NAI Michael

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable

  • Bike Score ®

    86/100 Very Bikeable
Powered by Walk Score ®
  • City Brentwood, MD
  • Zip Code 20722
  • Market Washington DC Suburban Maryland

Points of Interest

  • West Hyattsville

    1.42 miles

  • Hyattsville Crossing

    1.76 miles

  • Riverdale

    1.81 miles

  • Cheverly

    2.51 miles

  • College Park

    2.88 miles

  • Landover

    3.28 miles

  • Capitol Heights

    4.08 miles

  • New Carrollton

    4.32 miles

  • Addison Road

    4.81 miles

  • Greenbelt

    5.36 miles

  • Rhode Island Ave MD Valero

    0.23 miles

  • Liberty

    0.28 miles

  • Citgo

    0.72 miles

  • Sunoco

    1.12 miles

  • Exxon

    1.16 miles

  • BP

    1.21 miles

  • Shell

    1.24 miles

  • Baltimore Ave Valero

    1.56 miles

  • Tesla Supercharger

    2.21 miles

  • SAE J1772

    2.69 miles

  • City of Hyattsville Parking Lot 4

    0.96 miles

  • City of Hyattsville Parking Lot 3

    0.99 miles

  • US Post Office Parking Lot

    1.00 miles

  • City of Hyattsville Parking

    1.06 miles

  • City of Hyattsville Parking Lot 2

    1.08 miles

  • City of Hyattsville Parking Lot 1

    1.10 miles

  • West Hyattsville Metro Station Parking

    1.38 miles

  • Mosaic at the Metro Apartments Resident Parking

    1.71 miles

  • Hyattsville Crossing Metro Station Parking

    1.75 miles

  • Little Miner Taco

    0.11 miles

  • Pollo Sabroso

    0.15 miles

  • Taco Bell

    0.36 miles

  • KFC

    0.36 miles

  • Burger King

    0.37 miles

  • McDonald's

    0.37 miles

  • IHOP

    0.42 miles

  • The Water Hole

    0.52 miles

  • D'Oro Pizza

    0.52 miles

  • Dodah's Kitchen

    0.55 miles

  • Glut Food Coop

    0.50 miles

  • Bestway

    1.04 miles

  • Lidl

    1.13 miles

  • ALDI

    1.26 miles

  • Giant

    1.80 miles

  • Safeway

    1.86 miles

  • Ross

    1.97 miles

  • Target

    1.98 miles

  • The Mall at Prince Georges

    1.99 miles

  • TJ Maxx

    2.00 miles

  • Cottage City Police Station

    0.16 miles

  • Bunker Hill Station 55

    0.31 miles

  • Cottage City Fire Station Company 2

    0.34 miles

  • Brentwood Fire Station Company 4

    0.35 miles

  • Mount Rainier Police

    0.63 miles

  • Prince George's County Police Department Division I - Hyattsville

    0.87 miles

  • Bladensburg Fire Station Company 9

    0.98 miles

  • Hyattsville Police Station

    1.02 miles

  • Bladensburg Police Station

    1.05 miles

  • DaVita Dialysis

    1.16 miles

Frequently Asked Questions

How much does 41st Street & Pennwood Portfolio cost?

The sale price for 41st Street & Pennwood Portfolio is available upon request. Contact the listing broker for more information.

What is the total square footage of 41st Street & Pennwood Portfolio?

41st Street & Pennwood Portfolio totals 105,400 square feet.

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Contact Listing Broker
broker
Omar S. McKeithan

NAI Michael