Capitol Heights, MD 20743 1791 Olive Street

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Presented By: Jose L Guzman with Pearson Smith Realty, LLC - 5713861075;
  • MLS# MDPG2160198
  • 07/17/2025
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  • SQFT • 4,249

Home Details

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
Presented By: Jose L Guzman with Pearson Smith Realty, LLC - 5713861075;

Interior Features for 1791 Olive Street

Bathrooms

Total Restrooms1

Other Interior Features

Clear Span Ceiling Height18' to 24'
Central Air Y/NYes
FlooringConcrete
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterElectric, Natural Gas
Total Stories1
Warehouse Sq Ft4249

Other Rooms

Office SQFT400

General for 1791 Olive Street

Accessibility2+ Access Exits
Availability Date2025-08-31
Business TypeFlex, Manufacturing, Warehouse, Other
Cap Rate10.00
CityCAPITOL HEIGHTS
Construction MaterialsBlock, Brick
CoolingCentral A/C
CountyPRINCE GEORGES
Current UseCommercial, Manufacturing, Warehouse, Wholesale, Industrial
DirectionsPlease use the GPS
Electric3 Phases
Heating90% Forced Air
Leasable Area4249
Lease TypeTriple Net
Legal Subdivision1761-1797 OLIVE STREET CONDO>
New ConstructionNo
Number Of Units Total1
Number of Units Leased1
Ok to LeaseNegotiable
Operating Expense2.00
Price Per Sq Ft Total AG1.51
Property ConditionAverage
Property SubtypeIndustrial
Property TypeCommercial Lease
Rent IncludesParking, Sewer, Water, Common Area Maintenance
RoofFlat, Metal
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tenant PaysExterior Maintenance, Advertising, Electricity, Cable TV, Appliances/Equipment - Some, Gas
Total Actual Rent76482.00
UtilitiesNatural Gas Available, Cable TV, Electric Available, Phone Connected
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1951
Year Built SourceEstimated
ZoningI2

Exterior for 1791 Olive Street

Building Area Total4249.00
Car Parking Spaces10
Foundation DetailsBlock, Concrete Perimeter
Lot FeaturesAdjoins - Open Space
Navigable Water Y/NNo
Parking FeaturesPrivate, Fenced, Surface
Total Loading Docks1
Total Parking Spaces12
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Raluca Fallon

REALTOR®
Price $6,400
MLS#MDPG2160198
List Date 07/17/2025
Property Type Commercial
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