Metropolis Capital Advisors is pleased to announce the sale of 4505 St. Barnabas Road in Temple Hills, Maryland, for $2 Million. MetCap’s Investment Sales team, led by Joe Friedman, Managing Director, and Kelly Lawrence, Senior Associate, represented the seller, The Korth Companies, and procured the buyer, Remy Retail, LLC.
At 100% leased, the property consists of a 17,000 SF, 1.5-acre neighborhood retail center with a diverse mix of national and local tenants including Auto Zone. The center is conveniently situated less than two miles from the DC border and just minutes from the Metro’s Green Line - Suitland and Branch Avenue stations.
"The Auto Zone credit provides stable cash flow while the asset has great potential long-term for repositioning and development," said MetCap’s Joe Friedman.
The MetCap Advisors’ Investment Sales team has four additional disposition assignments currently under contract or on the market including a single tenant office asset, professional office/flex portfolio and neighborhood retail centers in the Washington-Baltimore markets. The team specializes in the sale of industrial/flex, neighborhood retail, and suburban office investment property in the Washington, D.C.-Baltimore region.
ABOUT METROPOLIS CAPITAL ADVISORS
Metropolis Capital Advisors LLC is a real estate advisory firm specializing in financing and sales transaction services. The principals have successfully financed and/or sold over $8 Billion of commercial real estate. Please visit metcapadvisors.com for a complete description of commercial real estate services.