The Shoppes at Livingston Square_Propriété à vendre
The Shoppes at Livingston Square_Propriété à vendre

The Shoppes at Livingston Square

9580 Livingston Rd, Fort Washington, MD, 20744-4918, US

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer The Shoppes at Livingston Square (the “Property”), a 71,166 square foot, grocery anchored shopping center located in Fort Washington, MD. The 100% leased Property features the dominant grocer in the market, Giant, who accounts for 41% of gross income and has +16 years of term remaining.


The Property was part of the Livingston Square Mall redevelopment and was completed in2023. The Shoppes at Livingston Square provides investors with a best-in-class tenant lineup that includes Giant, McDonalds, KFC and more. Credit / national tenancy account for 78% of gross income alongside an ideal merchandising mix of modern retail uses that include grocery/ necessity, service-oriented use, food & beverage, medical and more.


The Shoppes at Livingston Square offers investors secure, long-term income from the dominant grocer within the market as well as an essential tenant lineup with excellent remaining term. The Property is located 12 miles outside of Washington DC with an average household income in excess of $159,000 within a 5-mile radius and ideally positioned with direct access and visibility to US 210 (+70,000 VPD).

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Attributs

Superficie du bâtiment nette
6 612 mètres carrés
Occupation
100 %
Année de construction
2021
Superficie du terrain nette
4,46 ha
WAULT
14.2 années

Média

Points forts de l'investissement

BEST-IN-CLASS ASSET

  • Most Recent Shopping Center Delivery in a Supply- Constrained Submarket with No Development in the Pipeline


MINIMAL CAPEX REQUIRED

All Brand New Retail Shopping Space, Parking Lot, Stormwater Management, and Modernized Landscaping Architecture


16+ PLUS YEARS OF TERM

  • Anchored by High-Performing Giant with Term Through November 2041


HIGH-PERFORMING GIANT

  • Giant is the 2nd Most-Visited Grocer in a 10-Mile Radius, Ranking in the 99th Percentile


SECURITIZED RENT ROLL

  • 100% Leased, 14.2 Years of WALT, All Tenants Have Term Through 2033+, and 78% of Rental Revenue is Generated by Esteemed National/Regional Tenants
The Shoppes at Livingston Square 4_Propriété à vendre
The Shoppes at Livingston Square 4_Propriété à vendre

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Dernière mise à jour
8 mai 2025