Montgomery Shopping Center Sold For $2.7M In Beltsville MD By Friend Commercial Real Estate
10605 Montgomery Road
$2,700,000
$358/SF
Building Size
7,536 SF
Asset Type
Retail
Closing
May 7, 2025
AI
The transaction involved the sale of a retail asset located at 10605 Montgomery Road in Beltsville, MD. The property encompasses a total square footage of 7,536 and was sold for a price of $2,700,000, translating to a price per square foot of $358.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,700,000
- Address: 10605 Montgomery Road
- Market: Beltsville, MD
- Square Footage: 7,536
- Price Per Square Foot: $358
- Broker: Theodore Kroos - Friend Commercial Real Estate
Friend Commercial Real Estate represented the transaction, successfully brokering the sale of the Montgomery Shopping Center in Prince George’s County, MD.
Beltsville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93