2003 Beaver Road

Logistics | Landover, MD

Logistics facility located in Landover, Maryland, a prime infill location within the submarket of Prince George’s County – the second most populated county in the state of Maryland.

Investment Details

Property Type
Logistics
Location(s)
Landover, MD
Square Feet
38,000 sq. ft.

Transaction Details

Acquired
2022
Purchase Price
$9 million
Ownership %
100%

Investment Details

Property Type
Logistics
Location(s)
Landover, MD
Square Feet
38,000 sq. ft.

Transaction Details

Acquired
2022
Purchase Price
$9 million
Ownership %
100%

Logistics facility located in Landover, Maryland, a prime infill location within the submarket of Prince George’s County – the second most populated county in the state of Maryland.

Asset Highlights

warehouse
The facility consists of over 38,000 sq. ft. dedicated to freezer/cooler space featuring 1983 vintage, gated security, and 5 loading docks, situated on 2 acres of land.
Keys
The property is fully leased to single-tenant with annual rent increases.
Semi truck
Tenant is a leading international fresh-cut flower and produce distribution company, offering a complete procurement and logistics solution for the market.

Location Highlights

Highway
Immediate access to the I-495 Capital Beltway and other essential transportation highways and proximity to Downtown, Washington D.C.
Proximity
The facility is strategically positioned in one of the most populated metro areas in the country
people
Prince George’s County has experienced significant rent growth in recent years due to strong occupier demand and limited competitive availabilities
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2003 Beaver Road map
2003 Beaver Road map