1791 Olive Street
Capitol Heights, MD, 20743 $ 6,373
Bedrooms-- Baths-- Sq 4,249 for $6,373. This 4,249 square foot property was built in 1951.
Legacy Plus Group is excited to offer this unique opportunity to lease a single unit with a total of 4,249SF of usable space and 23-foot ceiling clearance. The sister building, 1789 Olive St, is also available for lease at the SFP of $18 NNN. The total Building SF4,307@$18=$6,400 Monthly rent per unit. The units are adjacent, and the combined total space is SF8,555. * The bay covered dock industrial condo units for lease in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23 ceiling height, parking lot with gated security, Ideal for investor or owner/user. *Sale lease-back potential for 1789 and 1791 units. *NNN lease in place for unit 1793 Is Leased until 2028. All 3 units are adjacent, but currently demised. Hard to find I-2 zoning for heavy industrial uses with abundant surface parking. Offer Summary, Unit 1789 4,307 SF, Unit 1791 4,249 SF Unit 1793 3,622 SF *TOTAL 12,178 SF* This unit has the potential for a rental income of $86,140 annually, based on the area rental estimates of $20 per SF, X 4,307 SF = 86,140.00 CAP RATE of 10% Sister buildings are also listed on the MLS, with the MLS ID MDPG2151102. MDPG2151124
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Rental ActiveFlex,Manufacturing,Warehouse
FeaturesInteriorHeating Fuel Natural Gas Electric
Flooring Concrete
Hot Water Electric Natural Gas
Total Stories 1
Warehouse Sq Ft 4249
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 1
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GeneralSewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Natural Gas Available Cable TV Electric Available Phone Connected
Roof Flat Metal
Zoning I2
Construction Materials Block Brick
Year Built 1951
Electric 3 Phases
Tenant Pays Exterior Maintenance Advertising Electricity Cable TV Appliances/Equipment - Some Gas
Property Subtype Industrial
Current Use Commercial Manufacturing Warehouse Wholesale Industrial
Business Type Flex Manufacturing Warehouse Other
Accessibility 2+ Access Exits
County PRINCE GEORGES
Operating Expense 2.00
New Construction N
Property Type Commercial Lease
Water Access Y/N N
Rent Includes Parking Sewer Water Common Area Maintenance
Status ACTIVE
Directions Please use the GPS
City CAPITOL HEIGHTS
Number Of Units Total 1
Number of Units Leased 1
Property Condition Average
Ok to Lease Negotiable
Price Per Sq Ft Total AG 1.5
Leasable Area 4249
Vacation Rental Y/N N
Availability Date 2025-08-31
Lease Type Triple Net
Standard Status Active
Year Built Source Estimated
Legal Subdivision 1761-1797 OLIVE STREET CONDO>
Total Actual Rent 76482.00
Cap Rate 10.00
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ExteriorParking Features Private Fenced Surface
Lot Features Adjoins - Open Space
Water Source Public
Type of Parking Parking Lot
Foundation Details Block Concrete Perimeter
Water View Y/N N
Building Area Total 4249.00
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byjlguzmanrealtor@gmail.comEmail
NearbyAbout Capitol Heights, MD 3,988 Population
6% Since 2002
$ 57,576 Median Income
37.88 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/17/2025 | $6,373 | | Listed Price |