CVS Condo - 675 K Street NW, Washington D.C
K Street Northwest 655, Washington, DC, 20001, US
1,294 sm
Jones Lang LaSalle, as exclusive advisor, is pleased to present the opportunity to acquire Brandywine Crossing - a 231,036 SF Safeway-anchored shopping center in Brandywine, Maryland - one of the fastest growing residential nodes of Metro DC. The Property features premier, user-owned shadow anchors Costco and Target, presenting a rare opportunity to acquire a triple grocery-anchored line up that attracts the expanding consumer base of local shoppers sprouting from recently delivered and forthcoming residential development.
Located in Prince George’s County approximately 20 miles from Downtown Washington, DC, Brandywine Crossing features a national grocery anchor, category-leading junior anchors, value-add potential in a supply-constrained market that is 97% leased, and business plan flexibility with pad spin-off optionality.
Brandywine Crossing is the dominant shopping center in the market and draws customers from a wide trade area with its central location along Crain Highway (102,000+ VPD), an arterial commuting corridor connecting the growing suburbs of southern Prince George’s County and Charles County to nearby employment hubs such as Joint Base Andrews, National Harbor, and numerous federal agencies.
Market-dominant, triple grocery-anchored asset with outstanding accessibility and visibility.
Offering includes14 separate tax parcels with best-in-class shadow anchors.
Rapidly densifying submarket with recently delivered and forthcoming residential development.