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5110 Auth Way - Strayer University

37,000 SF Speciality Building Offered For Sale in Suitland, MD 20746

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Investment Highlights

Covered Land Opportunity - With over $2.7m in contractual rent obligations through August 2026.
Expansion of Branch Avenue - Light Rail Line to Southern Maryland in planning, creating access to Joint Base Andrews from Branch Ave metro

Transit-Oriented Location - Offering several viable development options (industrial, multifamily, townhomes, medical office).
Flexible Structures - Fee simple partnerships and joint ventures considered.

Executive Summary

Marcus & Millichap is pleased to exclusively present 5110 Auth Way, Camp Springs, Maryland, (the Property) a 37,000 SF office building leased by Strayer University. The sale represents an opportunity to acquire a cash flowing building with over 2.5 years of net lease revenue on a site that is zoned for by-right residential or industrial development, future office expansion, and existing office or specialty uses. The Property is adjacent to a major Metrorail station and established successful multifamily and townhome developments.

Auth Way Offering Memorandum

PG Co. Survey

Property Facts Under Contract

Sale Type	Investment	Lot Size	5.43 AC
Sale Conditions	1031 Exchange Design & Build Development Sale	Building Size	37,000 SF
Property Type	Speciality	Number of Floors	3
Property Subtype	Schools	Year Built	2014
Building Class	B	Parking Ratio	10.38/1,000 SF

Sale Type	Investment
Sale Conditions	1031 Exchange Design & Build Development Sale
Property Type	Speciality
Property Subtype	Schools
Building Class	B
Lot Size	5.43 AC
Building Size	37,000 SF
Number of Floors	3
Year Built	2014
Parking Ratio	10.38/1,000 SF

Amenities

Bus Route

Commuter Rail

Public Transport

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PROPERTY TAXES

Parcel Numbers	Multiple 06-5537425 06-5537414	Improvements Assessment	£6,066,883
Land Assessment	£595,601	Total Assessment	£7,669,315

PROPERTY TAXES

Parcel Numbers

Multiple

06-5537425
06-5537414

Land Assessment

£595,601

Improvements Assessment

£6,066,883

Total Assessment

£7,669,315

zoning

Zoning Code	RTO-L-e (previously I-3)
RTO-L-e (previously I-3)

Listing ID: 30322358
Date on Market: 08/12/2023
Last Updated:
Address: 5110 Auth Way, Suitland, MD 20746

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5110 Auth Way, Suitland, MD for sale Primary Photo- Image 1 of 6 — Primary Photo

5110 Auth Way, Suitland, MD for sale Building Photo- Image 2 of 6 — Building Photo

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5110 Auth Way, Suitland, MD for sale Building Photo- Image 5 of 6 — Building Photo

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