• 11149 Mall Circle, Waldorf, MD 20603

For Sale

Retail

For Sale

This property is available for sale
1.2
Acres
$2,950,000
Sale Price
  • Year Built
    2008
  • Total Building Size
    7,000 RSF
  • Overview

    The restaurant is located in Waldorf Maryland which is part of the Washington DC MSA. It is situated on an outparcel of the St Charles Towne Center. The property is situated just west of U.S. Route 301 (Crain Highway) along Smallwood Drive. U.S. Route 301 is the main thoroughfare through Charles County. On average over 53,000 vehicles travel through this intersection daily. Patrons can access the property via Smallwood Drive or the town center's internal drive. The lighted intersection makes for easy ingress and egress for restaurant patrons. Szechuan Garden (https://www.zagat.com/r/szechuan-garden-restaurant-saint-charles) is a full-service, white tablecloth Asian food restaurant offering a long menu of Chinese standards, plus a daily lunch special and a full bar. It has operated at this location for more than 25 years when it grew from an in-mall carry-out to a full-service restaurant and bar. Average restaurant sales exceed $2 million annually. The restaurant owner also owns and operates Niwano Hana, a Japanese located in Rockville Maryland (https://www.zagat.com/r/niwano-hana-rockville). This freestanding restaurant is part of the St. Charles Towne Center planned-use development. Built in 2008, the restaurant is over 7,000 square feet and is situated on 1.2 acres. It has approximately 60 parking spaces with additional parking available in the mall parking lot. The building's exterior is very attractive and extremely well-maintained. The restaurant's interior is well-appointed and includes several upgrades to facilitate a high-end, full-service restaurant. This property is perfectly suited for continued restaurant use as it benefits from above average household income levels, as well as regional shopping center traffic and along Route 301. Waldorf, Maryland is a residential community for many residents who commute to work in other points in the Washington, D.C., metropolitan area to include Joint Base Andrews, Paxtuxent Naval Station, and National Harbor. Waldorf is approximately 23 miles south-southeast of Washington, DC, and is convenient to the I-95 Baltimore/Richmond corridor. The St. Charles Towne Center is considered the major retail destination in Southern Maryland. Waldorf has a multitude of excellent dining and hotel choices. Waldorf also boasts the Capital Clubhouse, a 24-hour indoor sports complex and ice rink, the Southern Maryland Blue Crabs baseball team, and many beautiful parks.

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Property Details

6.75% Cap Rate | Annual Increases | Restaurant | Waldorf, MD

The restaurant is located in Waldorf Maryland which is part of the Washington DC MSA. It is situated on an outparcel of the St Charles Towne Center. The property is situated just west of U.S. Route 301 (Crain Highway) along Smallwood Drive. U.S. Route 301 is the main thoroughfare through Charles County. On average over 53,000 vehicles travel through this intersection daily. Patrons can access the property via Smallwood Drive or the town center's internal drive. The lighted intersection makes for easy ingress and egress for restaurant patrons. Szechuan Garden (https://www.zagat.com/r/szechuan-garden-restaurant-saint-charles) is a full-service, white tablecloth Asian food restaurant offering a long menu of Chinese standards, plus a daily lunch special and a full bar. It has operated at this location for more than 25 years when it grew from an in-mall carry-out to a full-service restaurant and bar. Average restaurant sales exceed $2 million annually. The restaurant owner also owns and operates Niwano Hana, a Japanese located in Rockville Maryland (https://www.zagat.com/r/niwano-hana-rockville). This freestanding restaurant is part of the St. Charles Towne Center planned-use development. Built in 2008, the restaurant is over 7,000 square feet and is situated on 1.2 acres. It has approximately 60 parking spaces with additional parking available in the mall parking lot. The building's exterior is very attractive and extremely well-maintained. The restaurant's interior is well-appointed and includes several upgrades to facilitate a high-end, full-service restaurant. This property is perfectly suited for continued restaurant use as it benefits from above average household income levels, as well as regional shopping center traffic and along Route 301. Waldorf, Maryland is a residential community for many residents who commute to work in other points in the Washington, D.C., metropolitan area to include Joint Base Andrews, Paxtuxent Naval Station, and National Harbor. Waldorf is approximately 23 miles south-southeast of Washington, DC, and is convenient to the I-95 Baltimore/Richmond corridor. The St. Charles Towne Center is considered the major retail destination in Southern Maryland. Waldorf has a multitude of excellent dining and hotel choices. Waldorf also boasts the Capital Clubhouse, a 24-hour indoor sports complex and ice rink, the Southern Maryland Blue Crabs baseball team, and many beautiful parks.

  • Property Type
    Retail
  • Year Built
    2008
  • Sale Price
    $2,950,000
  • Total Building Size
    7,000RSF
  • Total Acres
    1.2
  • Sale Status
    Available
  • Property ID
    1147463

Landlord's Sales Representative

  • Jerry Dawson, CCIM
    Sperry Van Ness