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
About this deal
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.
On the Map
$2,700,000
$358/SF
Retail
View full map
Beltsville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Friend Commercial Real Estate to view all their deals.
Browse Beltsville retail sales on Traded.
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