Middletown Technology Center
7165 Valley Pike Ave, Middletown, VA, 22645, US
40.97 公顷
Jones Lang LaSalle, Inc. (“JLL”) has been retained as the exclusive advisor to present 4110 Suit Road (the “Property” or “Site”), a 14-acre industrial development opportunity in District Heights, Maryland. The Site is currently an industrial outdoor storage center, but is ideally situated for a development to provide highly sought after last-mile industrial into Prince George’s County. The Site sits on 633,798 square feet of land, 65% of which is zoned I-1. The balance of the site is in the final stages of being re-zoned to I-1 and will occur prior to a sale transaction. Upon the reclassification, the Site will be able to support +/- 180,000 SF of density with sufficient auto-parking. Additionally, the adjoining property, 4107 Forestville Road, provides another direct and private outlet to Forestville Road. Having multiple access points to the property enhances circulation, and improves truck turnaround time at the Site.
Strategically located minutes from Washington, DC, the Site’s irreplaceable last-mile infill location offers immediate access to I-495, leading directly to I-95, the economic superhighway of the East Coast. Moreover, the Site is located 18 minutes from Downtown Washington DC, 20 minutes to Ronald Reagan Washington National Airport (DCA) and 45 minutes from the Port of Baltimore, offering immediate access to the world-class global logistics infrastructure of the MSA.
PREMIER LAST-MILE INFILL LOCATION
Less than 20 minutes away from downtown CBD and Ronald Reagan Airport. Positioned to capture significant market share due to the growing demand for reliable last-mile logistics within this prime location.
QUICK ACCESS TO MAJOR HIGHWAYS
The Property’s advantageous location provides convenient access to 495, Pennsylvania Avenue, and Suitland Parkway.
CONTINUED DEMAND
The Property’s location in the larger Metro DC puts it in a market with an average asking NNN rent p.s.f. of $16.71 on a rentable square foot basis.
DEVELOPMENT FLEXIBILITY
Potential Site for 180,000 SF of warehouse for a true last mile-logistics facility with outdoor storage optionality for immediate cash flow.