8400 Westphalia Road

Logistics | Upper Marlboro, MD

Well-located logistics facility in Upper Marlboro, MD, just a 30-minute drive from downtown Washington, D.C.

Investment Details

Property Type
Logistics
Location(s)
Upper Marlboro, MD
Square Feet
100,000 sq. ft.

Transaction Details

Acquired
2021
Purchase Price
$29 million
Ownership %
100%

Investment Details

Property Type
Logistics
Location(s)
Upper Marlboro, MD
Square Feet
100,000 sq. ft.

Transaction Details

Acquired
2021
Purchase Price
$29 million
Ownership %
100%

Well-located logistics facility in Upper Marlboro, MD, just a 30-minute drive from downtown Washington, D.C.

Asset Highlights

warehouse
The property is in Prince George’s County, in suburban Maryland, and it consists of approximately 100,000 sq. ft. of logistics space situated on 15.9 acres, with 34 drive-in doors and 20’-24’ clear heights.
Keys
The property is fully leased to two tenants with a weighted average lease term of 6 years and 2% annual rent increases.
Semi truck
Property accommodates a truck maintenance and repair terminal, fleet parking, and outdoor storage. These features, along with lack of competitive inventory and growing demand, should drive future rent growth.

Location Highlights

Highway
Benefits from immediate access to I-495 Capital Beltway—a direct route to downtown Washington, D.C. and the greater Washington, D.C. area.
Proximity
Provides access to 9.8 million consumers within a one-hour drive and 90 million consumers (one-third of the nation’s income) within a one-day drive.
people
Near one of the most affluent and largest metro areas in the country, with significant e-commerce demand and need for logistics space.
View on Google
Westphalia Road warehouse map view