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Marcus & Millichap Finalizes $13.5 Million Sale Of Rosewick Corner Retail Portfolio In La Plata
SOLD
$13,500,000
+ 2
Maryland
See Similar DealsRetail
Sold 12/10/2025
SOLD
Marcus & Millichap Finalizes $13.5 Million Sale Of Rosewick Corner Retail Portfolio In La Plata
155 Rosewick Cor Pl
See Similar DealsRetail
Sold 12/10/2025
+ 2
Summary
MARYLAND
Asset Type:Retail
Transaction Type:Sale
155 Rosewick Cor Pl, located in La Plata, MD, is a retail property that recently sold for $13,500,000. The asset includes multiple establishments such as an Aldi, a 7-Eleven, and a 7,000-square-foot retail strip center, contributing to its value within the market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,500,000
- Address: 155 Rosewick Cor Pl
- Market: La Plata, MD
The transaction was brokered by a team from Marcus & Millichap, which included Dean Zang, David Crotts, Robert (Rob) Narchi, Tyler Bindi, and Jason Fefer. The sale is part of the broader Rosewick Corner mixed-use development and also involved Encore Real Estate Investment Services.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$720,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65
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