Business Opportunities and Commercial Real Estate Guide

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The Mid Atlantic

COMPLIMENTARY

FEBRUARY/MARCH 2020

Larry DeMarco, Broker James J. Hafer, Assoc. Broker

304-262-4222 804 N Queen St. Martinsburg WV 25404

CHARLES TOWN, WV • $2,200,000 INCREDIBLE 7.4 ACRES WITH HIGHEST TRAFFIC COUNTS IN JEFFERSON COUNTY Commercial or Mixed use VERY near Hollywood Casino and Racetrack.

Great for Apartments, Hotel, Office building, the list goes on.

Talk to Tim 304-279-2600

SEE PAGE 4 FOR ADDITIONAL PROPERTIES YOUR GUIDE TO: Businesses For Sale Development Land Commercial Real Estate Franchise Opportunities Investment Real Estate Business & Financial Services

Visit Our Web Site at: www.bizcomre.com A Silver Communications Corp. publication

February/March 2020

Crossroads Realtors Terry L. Caniford, Commercial Realtor Licensed in Virginia • Lifetime Top Producer PWAR Cell: 703-609-1836 • O: 703-530-1830 Email: Terry@TheCanifordGroup.com

2014 Best Commercial Real Estate Brokerage Firm in Prince William County

Residential • Land • Commercial • Industrial • Leasing

Res

NOW LOOKING FOR NEW LISTINGS! Call us to evaluate your commercial property Free of Charge!

PROPERTIES FOR SALE / LEASE COMING SOON!

FOR SALE

8223 BIRCH STREET, MANASSAS, VA

• Car Lot listing for lease or sale!

• Warehouse space to Lease or Sale!

• Medical Properties for Lease or Sale!

• Industrial Properties, Land, Warehouse to Sale!

Approved Site Plan & Building Plan Fantastic opportunity to grab an approved site plan and 8,000 +/- SF building for Tire Sales. Great Opportunity!!

Located minutes from Rte. 28 and Rte. 66 $995,00000

If you are not Happy lets talk!

Property is hot and the market is Moving fast!

Call Today, Dont Delay!

FOR SALE

8708, 8712, 8714, 8718 SUDLEY ROAD, 9600 & 9604 CHAMPION COURT, MANASSAS, VIRGINIA

Terry L. Caniford, Commercial Realtor Cell: 703-609-1836 • O: 703-530-1830 Crossroads Realtors

OFFICES & COMMERCIAL LAND • Great C- Store Site with Gas Potential!

• Perfect long term investment.

• Located at signalized intersection.

• Next to hospital on Sudley Rd. • Zoned B-1, 1.5 Acres +/FOR SALE $5,500,00000 BUY NOW FOR THE FUTURE!

FOR SALE/ FOR LEASE

3343 JEFFERSON DAVIS HIGHWAY, STAFFORD, VIRGINIA

AUTO SALES & AUTO REPAIR Don’t miss out on this fantastic opportunity, it will go fast!

Prime location off Jefferson Davis Hwy. Auto Sales & Auto Repair.

For Sale: $995,00000 • For Lease $7,50000 NNN Owner financing available with $250,00000 down Ready to move into now!

FOR SALE

FOR SALE

9816 WINCHESTER ROAD, FRONT ROYAL, VIRGINIA Prime Redevelopment Site Just Off Rte. 66 + Winchester Road!

Currently An Operational Tennis, Indoor Pool + Aerobic Center Open 7-Days A Week. 2 Acre Site Ready For Fast Food • Hotel • Easy Access To Interstate 66 • Zoned C-3, Warren County • Close To Golf Courses And Shopping • Heavy Commuter Area • Buy Now! With Price Drop!

10199 DEAN DRIVE, MANASSAS, VIRGINIA • Dean Drive Will Be Extended!!

• Prime Industrial Land Sites For Sale • Zoned 1-1, Raw Land, Parcel 23B18: Light Industrial Land with 3.00213 Acres +/-, For Sale $1400 per SF • Zoned 1-1, Raw Land, Parcel 23B1C: Light Industrial Land with 2.09032 Acres+ /- , For Sale $1400 per SF • 10199 Dean Dr: 3.37 Acres+ /- of raw I-I land . Light Industrial Land For Sale $2,500,00000 Zoned I-1 which allows for a variety permitted uses such as but not limited to: Self-Storage, Light Manufacturing, Brewery, Garden Center, Warehouse and Distribution.

FOR SALE

11346 DUMFRIES ROAD, MANASSAS, VIRGINIA • • • •

3.7890 Acres - Great Location Zoned B-1, Multiple Uses Located on Dumfries Rd (Route 234) Surrounding area being developed with over 1,000 housings units within a 1 mile radius • Fantastic investment property to buy and hold • Perfect location for Self Storage Site • For Sale 1,250,00000

Terry L. Caniford

Commercial Realtor

(703) 609-1836 Cellular • (703) 530-1830 Office • (703) 365-9634 Fax Terry@TheCanifordGroup.com I represent a number of Retail/Medical/Office properties throughout Manassas, Manassas Park and Prince William County.

Let me with my experience help you save money and find the location to grow your Business. Most of the time it doesn’t even cost you any money!! Call me today!

9208 Lee Avenue, Manassas, Virginia 20110

Information contained herein is believed to be accurate but should not be relied upon without verification.

Page C2

MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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February/March 2020

DEAUSEN REALTY

SALES, LEASES, PROPERTY MANAGEMENT, BUSINESS BROKERAGE Alexandria, VA NEW PRICE 780K!

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Commercial condo + medical practice! Office condo consisting of 2 combined suites (Suite 8 and 9) with a total area of 2779 sq ft. in a great location. Walking distance to Inova Mount Vernon Hospital. Ground floor units with great visibility. Brick exterior. Abundant parking. Has 2 entrances and 2 reception areas, multiple offices and exam rooms, 2 restrooms, one lab, one kitchen area and ample storage space. All furniture and equipment will convey. Total taxes for 2017 was $6,897.45. Condo fee is 583.51 per month for the 2 units and includes water and outside maintenance.

Zoned C-5. Additional income is generated from two specialty medical professionals who are currently subleasing space. This is a well established primary care medical practice in the area for over 30 years. The current owner took over the practice in 1998. There is one full time family practice physician and one part time internal medicine physician with about 1500 active patients. Age range from 6 years old and older but the majority are adults. Payer mix consist of Medicare, Tricare, most major commercial insurances and self pay. Athenahealth EMR and billing. Quest lab with a phlebotomist is in house. Allergy testing and immunotherapy is offered in conjunction with United Allergies. Well trained professional staff most of whom has been with the practice for over 10 years will remain with the practice after the sale. Seller is happy to stay for a negotiable period of time to transition the new buyer and ensure a smooth handover.

MARLON PANLILIO DEAUSEN • Realtor / Business Broker • Top 1% Nationwide

Peruvian Restaurant Silver Spring, MD • $300,000

• Chairman Club, Diamond Club • Hall of Fame, Life Achievement

(301) 704 – 5474 English, Tagalog, Pampango, Spanish

• Honesty • Integrity • Expertise • Professionalism • Outstanding Service

Turn key operation in the heart of Aspen Hill. Assignable long term lease. Taxes included in rent. Approximately 1,500 sqft on 2 levels. Upstairs is office and bathroom. Existing contract with county for scheduled food deliveries. Profitable business. Additional revenue from food truck. New kitchen oven imported from Peru. Owner looking for bigger place. Partnership is an option. Located in a busy shopping center.

Ample parking. Near established Silver Spring/Aspen Hill neighborhoods, local schools & some commercial offices.

Korean fusion restaurant Pasadena, MD • $300,000

Great opportunity to take over a successful Korean fusion food business. Located in a well-established shopping center next to a popular local food market/bakery. High traffic street. Total space around 2500 sqft. With its current layout its seating capacity is around 35+. The interior was completed renovated 2 years ago. Profitable food margins. Owner created an efficient food delivery system. Business can operate with as little as 2 employees present. Very little competition from other Asian establishments. Lots of potential for the new owner. Keep fast casual concept or implement their own system.

Very versatile restaurant. Beer and wine license included! Directly off Route 173. Less than 3 miles from Highway 100. Nearby the water and local schools & parks. Owner looking to potentially retire.

DEAUSEN ENTERPRISES CRIS P. DEAUSEN, JR. English, Tagalog, Pampango

Group Home Silver Spring, MD • $500,000

SONIA DEAUSEN English, Tagalog, Waray, Cebuano

Well established & updated Group Home, Real Estate + Business.

4 Bedrooms, 2 Baths. 5 patients. 1/2 Acre lot, turnkey operation.

Near intersection of Briggs Chaney Rd & Old Columbia Pike.

DAN CRUZ MIRANDA

Deausen Realty

English, Tagalog, Pampango

CURRENTLY MANAGING OVER 50 PROPERTIES

SERVING MD, VA 10460 Democracy Blvd. • Potomac, MD 20854 Tel: 301-299-4074 • Fax: 301-299-4076

DL Homes LLC

1934 Old Gallows Rd. Ste. 350 • Vienna, VA 22182 Tel: 703-752-6235 • Fax: 703-995-0589 9208 Lee Avenue, Manassas, VA 20110

Information contained herein is believed to be accurate but should not be relied upon without verification.

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

Page 1

MARYLAND

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Residential • Land • Commercial • Industrial • Leasing 320K PRICE REDUCTION!

February/March 2020

Aquia Realty, Inc. SERVING STAFFORD, PRINCE WILLIAM, & FREDERICKSBURG AREA

WATERFRONT PROPERTIES ALWAYS OFFERED

JO D. KNIGHT GRI, CRS, CRB Principal Broker

Your Commercial and Land Specialists

BRAD JOHNSON RUSTY KNIGHT Realtor Associate Broker Life Member Million $ Club

EASE FOR L

PRELEASING IN STAFFORD

2 COMM. PARCELS ON MINE RD ADJACENT TO WALMART

18.56 AC & 2.79 AC fronting mine rd in Stafford, VA! Located right behind Walmart super center off garrisonville rd in high traffic area. Near to new 1-95 interchange & Stafford Market Place.

3.55 + ACRES WITH EXCELLENT VISIBILITY!

ADJACENT TO STAFFORD HIGH SCHOOL & US RT1 HWY WHERE NEW SHEETZ HAS BEEN APPROVED. PROXIMATE TO I-95/US RT 1/ CENTREPORT INTERSECTION. In Stafford Co. Urban Service Area and Southern Stafford HUB Zone, Planned Commercial & high traffic count.

Old home on site to convey “as is”.

PATRIOT’S CROSSING Pad Sites Avail. Commercial/Retail Center

Build to Suit. Adjacent to High School, huge residential growth & Heavy Traffic Garrisonville Rd. Planned popular fitness center in complex.

Close to Quantico MCB. Call for details.

IDEALLY LOCATED FRONTING US RT 1 & BELLS HILL Excellent Visibility. Value in Land & Location in Stafford C.H. Redevelopment area & UDA/USA districts providing for numerous uses. Office, retail, daycare, more!

ADJACENT 2+ ACS ALSO AVAIL EXPANDING POSSIBILITIES!

6 ACRES PLANNED COMMERCIAL INDUSTRIAL IN URBAN SERVICE AREA. 2,099 SF colonial plus 2 cottages & barn. Bordering 1-95 R/W & Riverside Parkway ends a subject. Primary value believed to be in land. Prox to Riverside Dinner Theater, Hotels, Restaurants, Warrenton/Falmouth. Eligible for commercial & multifamily under comp plan.

12.3 AC & 7.36 AC PLANNED COMMERCIAL Located wiin Stafford’s Redevelopment Area designated to incl office, retail, hotel & mixed use development. Proximate to Quantico Marine Base in major US Rt 1/1-95 transit comdor planned to become significant gateway to Stafford from the North.

“Office and warehouse space for sale & lease at excellent locations” LOCATED ON US 1 HWY AT THE STAFFORD COURTHOUSE LIGHT P.O. Box 201, 2101 Jefferson Davis Highway, • Stafford, Virginia 22555-0201 E-Mail: joknight@aquiarealty.net

(540) 659-2192

(540) 659-2192 Page 2

MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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Modern Realty Results 304-596-6010OPPORTUNITIES

Larry DeMarco, Broker • James J. Hafer, Assoc. Broker www.haferreg.com

REAL ESTATE GUIDE

PR OP ER TY

BUSINESS SERVICES JEFFERSON COUNTY MAREMA ����������������������������������������������������������������������������������������������������������������������������8

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FINANCIAL SERVICES 44 Business Capital �������������������������������������������������������������������������������������������� Back Cover Alternative Capital Funding���������������������������������������������������������������������������������������������������5 Unlimited Commerical Financing Group, LLC������������������������������������������������������������������������13 MARYLAND Benson & Mangold - Easton ���������������������������������������������������������������������������������������������6, 7 Century 21 The Real Estate Centre - Baltimore ���������������������������������������������������������������������8 FARMETTE-16 ACRES with Country Rancher -well maintained Chesapeake Real Estate Associates, LLC - Chester �������������������������������������������������������������14 and ready to move into. 8 Stall Horse Barn with Organic hay fields. Fenced area and additional building for run in shed or Coldwell Banker Jay Lilly - Waldorf ��������������������������������������������������������������������������������������14 coop. 2018 new roof and gutters. Perfect for Horse farm as Deausen Realty - Potomac ���������������������������������������������������������������������������������������������������1 property is mostly level and picturesque. Also has potential for Commercial Development as there is frontage on a busy Hooper & Associates - Waldorf �������������������������������������������������������������������������������������������15 GREAT COMMERCIAL LOT facing S George road. This opportunity won’t last long. The full 16 acres also Keller Williams Realty Centre- Frederick ��������������������������������������������������������������������������������8 INCREDIBLE 7.4 ACRES WITH HIGHEST St. Very few restrictions, (no alcohol, no includes One 1 stall horse barn with tack room and One 2 Long & Foster - Eldersburg �������������������������������������������������������������������������������������������������12 funeral home, no junkyard), almost any other stall with tack room. There is a 3 bedroom 2 bath mobile TRAFFIC COUNTS commercial/retail use is perfect. i.e. Strip home as well, which can provide rental income. Can also be IN JEFFERSON COUNTY. Commercial Long & Foster - Takoma Parkor ����������������������������������������������������������������������������������������������13 Mixed use VERY near Hollywood Casino and Center, Dollar Store, offices, etc. Awesome split to 8 acres with 2 four acre parcels or to 12 acres with one NAI TheGreat Michael Companies, - Lanham ������������������������������������������������� Inside location in the heart of Charles Town. Contact additional four acre parcel.

There isBack an incomeCover producing Racetrack. for Apartments, Hotel, OfficeInc� us for details. mobile home on one of the parcels as well. building, the list goes on. - Frederick ������������������������������������������������������������������������������������������������12 Re/Max Results $149,900 WVJF136122 $549,900 WVJF136894 $2,200,000 WVJF136122 Taylor CALL Properties - Annapolis ������������������������������������������������������������������������������������������������9 CALL JIM • 304-279-6320 CALL JIM • 304-279-6320 TIM • 304-279-2600 VIRGINIA BERKELEY COUNTY BUSINESS OPPORTUNITY Coldwell Banker Residential Brokerage - Greencastle �������������������������������������������������������������8 BE YOUR OWN BOSS!

Run your own business! Now’s VIRGINIA your chance, with our most recent Aquia Realty, Inc - Stafford ���������������������������������������������������������������������������������������������������2 turn-key investment opportunity.

Casa Visone is a family-owned Crossroads Realtors - Manassas���������������������������������������������������������������� Inside Front Cover successful restaurant business in Re/Max Regency - Manassas ���������������������������������������������������������������������������������������10, 11 historic downtown Martinsburg.

Featuring authentic old-world

Italian recipes and charm. Casa WASHINGTON, DC Visone is ready for the next owners to add to the 16 legacy.

Real Estate Counselors, PLLC ����������������������������������������������������������������������������������������9,

Everything is in place for the new owners to hit the ground running.

WEST VIRGINIA Business features favorable lease terms, equipment and inventory conveyance, existing website, favorable Modern Realty Results - Martinsburg �����������������������������������������������������������������Front Cover, 4 internet reviews and a loyal following. Listing is for business only. Potential exists NEARLY 3 ACRES IN MARTINSBURG’S RAPIDLY DEVELOPING NORTH END. INDEX OF ADVERTISERS: This index is provided as an additional service.

The Publisher does not assume any liability for error or omissions. to expand to lunch service as well as bakery sales with commercial bread oven Property is suitable for townhouses, multi-family, office, or retail. One block (trade fixture). Call today to usher in a new era and add your personal vision for from high traffic counts on Edwin Miller Blvd. Public utility hookups available. this classic restaurant! Please note this is only the sale of the business, building Neighbors include apartment complexes, multi-story office buildings, and not included. retail including Dunkin Donuts, Sherman Williams, CVS and Walgreens. $69,900 WVBE172628 $154,900 WVBE172220 CALL JIM • 304-279-6320 CALL JIM • 304-279-6320

Interested In Advertising?

Leeza McMahon

Ads For Our Next Edition Are Due OnLEASE

Direct: 803-324-8547

FOXCROFT COMMONS! BRAND NEW OPPORTUNITY!!!

Lease 5000 Sq. Ft. in the newly renovated and reconfigured Strip Center on Foxcroft. Anchored by Starbucks and Blaze Pizza. Busiest Retail area of the Eastern Panhandle. $25 / PSF. WVBE173904 All real estate advertised herein is subject to the Federal Fair Housing Act� Homebuyer’s Journal® reserves the right to refuse anyJIM advertising we deem unsuitable for our publications� CALL • 304-279-6320

Monday, February 10, 2020

Office: 888-275-3278

Leeza@hbjmag.com

Neither the Publisher nor the Advertiser will be liable for omissions, typographical errors, or misinformation, etc�, herein contained� Copyright 2011� All rights reserved�

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BUSINESS & COMMERCIAL

804 N Queen St., Martinsburg, WV 25404

Mid Atlantic THE

WEST VIRGINIA

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February/March 2020

FR ON T

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February/March 2020

102 Executive Drive, Suite A • Sterling, Virginia 20166

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© 2011, Silver Communications Corp.

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

Visit our web site at www.bizcomre.com Page 3

Visi

February/March 2020

Modern Realty Results 304-596-6010OPPORTUNITIES

Larry DeMarco, Broker • James J. Hafer, Assoc. Broker www.haferreg.com

REAL ESTATE GUIDE

PR OP ER TY

CO VE R

FINANCIAL SERVICES 44 Business Capital �������������������������������������������������������������������������������������������� Back Cover Alternative Capital Funding���������������������������������������������������������������������������������������������������5 Unlimited Commerical Financing Group, LLC������������������������������������������������������������������������13 FR ON T

WEST VIRGINIA

BUSINESS SERVICES JEFFERSON COUNTY MAREMA ����������������������������������������������������������������������������������������������������������������������������8

MARYLAND Benson & Mangold - Easton ���������������������������������������������������������������������������������������������6, 7 Century 21 The Real Estate Centre - Baltimore ���������������������������������������������������������������������8 FARMETTE-16 ACRES with Country Rancher -well maintained Chesapeake Real Estate Associates, LLC - Chester �������������������������������������������������������������14 and ready to move into. 8 Stall Horse Barn with Organic hay fields. Fenced area and additional building for run in shed or Coldwell Banker Jay Lilly - Waldorf ��������������������������������������������������������������������������������������14 coop. 2018 new roof and gutters. Perfect for Horse farm as Deausen Realty - Potomac ���������������������������������������������������������������������������������������������������1 property is mostly level and picturesque. Also has potential for Commercial Development as there is frontage on a busy Hooper & Associates - Waldorf �������������������������������������������������������������������������������������������15 GREAT COMMERCIAL LOT facing S George road. This opportunity won’t last long. The full 16 acres also Keller Williams Realty Centre- Frederick ��������������������������������������������������������������������������������8 INCREDIBLE 7.4 ACRES WITH HIGHEST St. Very few restrictions, (no alcohol, no includes One 1 stall horse barn with tack room and One 2 Long & Foster - Eldersburg �������������������������������������������������������������������������������������������������12 funeral home, no junkyard), almost any other stall with tack room. There is a 3 bedroom 2 bath mobile TRAFFIC COUNTS commercial/retail use is perfect. i.e. Strip home as well, which can provide rental income. Can also be IN JEFFERSON COUNTY. Commercial Long & Foster - Takoma Parkor ����������������������������������������������������������������������������������������������13 Mixed use VERY near Hollywood Casino and Center, Dollar Store, offices, etc. Awesome split to 8 acres with 2 four acre parcels or to 12 acres with one NAI TheGreat Michael Companies, - Lanham ������������������������������������������������� Inside location in the heart of Charles Town. Contact additional four acre parcel.

There isBack an incomeCover producing Racetrack. for Apartments, Hotel, OfficeInc� us for details. mobile home on one of the parcels as well. building, the list goes on. - Frederick ������������������������������������������������������������������������������������������������12 Re/Max Results $149,900 WVJF136122 $549,900 WVJF136894 $2,200,000 WVJF136122 Taylor CALL Properties - Annapolis ������������������������������������������������������������������������������������������������9 CALL JIM • 304-279-6320 CALL JIM • 304-279-6320 TIM • 304-279-2600 VIRGINIA BERKELEY COUNTY BUSINESS OPPORTUNITY Coldwell Banker Residential Brokerage - Greencastle �������������������������������������������������������������8 BE YOUR OWN BOSS!

Run your own business! Now’s VIRGINIA your chance, with our most recent Aquia Realty, Inc - Stafford ���������������������������������������������������������������������������������������������������2 turn-key investment opportunity.

Casa Visone is a family-owned Crossroads Realtors - Manassas���������������������������������������������������������������� Inside Front Cover successful restaurant business in Re/Max Regency - Manassas ���������������������������������������������������������������������������������������10, 11 historic downtown Martinsburg.

Featuring authentic old-world

Italian recipes and charm. Casa WASHINGTON, DC Visone is ready for the next owners to add to the 16 legacy.

Real Estate Counselors, PLLC ����������������������������������������������������������������������������������������9,

Everything is in place for the new owners to hit the ground running.

WEST VIRGINIA Business features favorable lease terms, equipment and inventory conveyance, existing website, favorable Modern Realty Results - Martinsburg �����������������������������������������������������������������Front Cover, 3 internet reviews and a loyal following. Listing is for business only. Potential exists NEARLY 3 ACRES IN MARTINSBURG’S RAPIDLY DEVELOPING NORTH END. INDEX OF ADVERTISERS: This index is provided as an additional service.

The Publisher does not assume any liability for error or omissions. to expand to lunch service as well as bakery sales with commercial bread oven Property is suitable for townhouses, multi-family, office, or retail. One block (trade fixture). Call today to usher in a new era and add your personal vision for from high traffic counts on Edwin Miller Blvd. Public utility hookups available. this classic restaurant! Please note this is only the sale of the business, building Neighbors include apartment complexes, multi-story office buildings, and not included. retail including Dunkin Donuts, Sherman Williams, CVS and Walgreens. $69,900 WVBE172628 $154,900 WVBE172220 CALL JIM • 304-279-6320 CALL JIM • 304-279-6320

Interested In Advertising?

Leeza McMahon

Ads For Our Next Edition Are Due OnLEASE

Direct: 803-324-8547

FOXCROFT COMMONS! BRAND NEW OPPORTUNITY!!!

Lease 5000 Sq. Ft. in the newly renovated and reconfigured Strip Center on Foxcroft. Anchored by Starbucks and Blaze Pizza. Busiest Retail area of the Eastern Panhandle. $25 / PSF. WVBE173904 All real estate advertised herein is subject to the Federal Fair Housing Act� Homebuyer’s Journal® reserves the right to refuse anyJIM advertising we deem unsuitable for our publications� CALL • 304-279-6320

Monday, February 10, 2020

Office: 888-275-3278

Leeza@hbjmag.com

Neither the Publisher nor the Advertiser will be liable for omissions, typographical errors, or misinformation, etc�, herein contained� Copyright 2011� All rights reserved�

2

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BUSINESS & COMMERCIAL

804 N Queen St., Martinsburg, WV 25404

Mid Atlantic THE

N

,

February/March 2020

102 Executive Drive, Suite A • Sterling, Virginia 20166

E L

© 2011, Silver Communications Corp.

Pageour Visit 4 web site at www.bizcomre.com

MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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COMMERCIAL REAL ESTATE LOANS We Offer Innovative and Creative Lending Solutions for all Borrowers & Property Types.

We also Welcome Borrowers with Unique Situations.

• Strip Centers

• Retail Stores

• Mixed Use Properties

• Office/Retail Condos

• Office Buildings

• Churches

• Industrial Properties

• Office/Warehouse Properties

FINANCIAL SERVICES

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February/March 2020

SBA Preferred Lender for: • • • •

• Special Use Properties • Apartment Buildings • Multi Property Portfolios

• •

Franchises Hotels Assisted Living Facilities Gas Stations with C-Stores Medical Facilities Other Property Types

**NEW LOW FIXED RATES FROM *3.49% CALL BEFORE THEY GO UP AGAIN!

RECENTLY FUNDED LOANS: OFFICE BUILDING $1,260,000 CASH OUT REFINANCE LOW DOC LOAN WASHINGTON DC

CHURCH $515,000 REFINANCE / CONSTRUCTION MARYLAND

OFFICE BUILDING $795,000 LOW DOCUMENTATION VIRGINIA

GAS STATION WITH C-STORE $960,000 PURCHASE 95% LTV USDA B&I LOAN MARYLAND

MEDICAL OFFICE CONDO $325,000 PURCHASE LOW DOC LOAN MARYLAND

RENTAL HOUSE $294,000 BRIDGE LOAN MARYLAND

2 UNIT RESIDENTIAL CONDO. $1,263,750 CASH OUT REFINANCE BRIDGE LOAN WASHINGTON DC

12 UNIT APPARTMENT BUILDING $1,100,000 PURCHASE CLOSED IN 3 WEEKS! MONTGOMERY COUNTY, MD

• Conventional rates from 3.49% • Direct Nationwide Lender • Up to 100% Financing for Dentists, Doctors, Veterinarians and Assisted Living Facilities • Up to 100% Financing for CPA’s,

Engineers, Attorneys and Architects

• 25-Year Fixed SBA Loans from 5.25%

• Low Doc Loan rates from 5.75% with no income verification

• Programs for Credit Challenged Borrowers

• Loans from $250,000 to $50 million

• Hard Money & Bridge Loans w/ quick Closings

• Low Doc 30 Year Fixed Rates Available

• Refinances with or without cash out

ALTERNATIVE CAPITAL FUNDING We make deals happen!

Chris Gallant www.Alternativecapitalfunding.com • chris@alternativecapitalfunding.com

Direct: 410-531-6897 • Mobile: 443-255-1592 EQUAL HOUSING LENDER

Visit our web site at www.bizcomre.com

REFERRAL FEES PAID MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

Page 5

MARYLAND

February/March 2020

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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MARYLAND

om

February/March 2020

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February/March 2020

PENNSYLVANIA

MARYLAND

Peggy Hays Office: 717-597-3111 Direct: 717-597-3174 Cell: 717-404-1702 peggy.hays@cbhomes.com peggyhays.cbintouch.com

ADRIAN COX Associate Broker 25 S. Antrim Way, Greencastle, PA 17225

(410) 218-8576

PULASKI HWY

White Marsh ML fenced yard with warehouse space

Over 25 Years Experience Commercial Brokerage Services

(cell)

BEL AIR

Main St. Office or Salon, Parking, B1 New Price

Thriving Greencastle, PA!

Adaptable Commercial Space....located on Route 16 on 10.744 Acres with a 12,000 a day traffic count, 4,000 sq ft currently with 1800 sq ft residence remainder flex space, great for in-home business.

Could be 4 separate commercial rental spaces. Billboard rental, parking lot rental and consignment shed business can remain.

High tech security system, electronic marquee. 2 miles from I81 and 1 mile from Rt 11.

$650,000 (PAFL169400)

KINGSVILLE - REDUCED 7 ac. RC5 3 apts with large warehouse & storage.

PULASKI HWY

Storage lot ML zoning Available Now.

9506 Harford Rd., Baltimore, MD 21234 (o) 410-665-0200 Each Office Independently Owned and Operated Equal Housing Opportunity

The Real Estate Centre MARYLAND

E-mail: Adrian@adriancox.biz

BUSINESS SERVICES

Farms, Homes & Land

CHUCK HAWLEY ALC, CRS, CDPE, CHMP, GRI, MRP, SRES

Broker of Record - MD, PA, VA & WV

Mobile Office: 301-514-1390 Office: 240-309-6000 x3014 Email: chuck.hawley@kw.com

KELLER WILLIAMS REALTY CENTRE - GSC 351 Ballenger Center Dr. #201, Frederick, MD 21703

OPEN/Large Parcel Of Land - Old Annapolis Rd, Frederick, MD – 49.75 Acre ATTENTION Investors, Developers, Contractors & etc.

The owner is presenting a rare opportunity in offering for sale a parcel of land sited SE of the Intersection of Green valley Rd & Old Annapolis Rd’s which borders Linganore High School on the West & South. Note: the Address Number is estimated for locating…

FR1022369 Priced @ $1,125,000 Call Chuck Hawley for Details @ 301-514-1390

Welcome to 143 acres of Recreation, Hunting and Camping, as well as other uses.

FEATURES: Lodge, 3 Cabins, over a 100 camping & RV sites, 3 Pavilions, Shower,Bath,Restrooms building, 3 x 1,000 gallon water storage tanks, 500 gallon fuel oil tank & RV Dumping Station. Additionally, an, “As-Is” Inground Swimming Pool. Loads of trees, open area & eld, Creeks & Streams thru out the acreage. Located in

Fayette County PA , close to the 3 states triangle of PA, MD & WV. Easy access from US 40 near Farmington, PA. Sited within an Hour SE of Pittsburgh, 2 hours West of Harrisburg, 1.75 hr NW of Hagerstown, 2 Hrs nw of Martinsburg and 3 Hrs WNW of both Baltimore & Washington, DC. Available for year around use. Excellent site for a Hunting/Recreational Camp. Contact listing Agent for further details. $699,000 Call Chuck Hawley for Details @ 301-514-1390

MAREMA Mid Atlantic Real Estate Marketing Association (MAREMA is a Professional Commercial Real Estate Organization)

Monthly Meeting Notice WHEN:

3rd Wednesday of each Month

TIME:

Networking/Registration 10:00 a.m.

Meeting begins at 10:30 a.m.

(Lunch Included)

COST:

Guests: $30.00

R.S.V.P. on MAREMA Website:

www.marema.com Or call: Michael Wilmore 434-996-6155

Proud Sponsor & Volunteer with Habitat For Humanity

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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Jose F. S. Gandara (Pepe) Realtor® (240) 416-1199 • 800-913-4326 • josgandara@aol.com

RESALES • COMMERCIAL PROPERTIES

BUSINESS OPPORTUNITIES 17 ACRES ZONED INDUSTRIAL

Located at the base of Harry Nice Bridge on the Maryland side. Ideal for contractors working on bridge.

Lease $1,000 per acre.

MARYLAND

RETAIL SHOPPING CENTER- 11K SQ. FT. Long Term tenants, 100% Occupancy at present $2.4 Million

2 ACRE LOT IN WESTPHALIA DEVELOPMENT AREA MOTEL SITE - BEL ALTON AREA 4 Acres $439K OBO Price Reduced!

$259K Price Reduced!

BUILDING LOT ON COBB ISLAND RETAIL SPACE IN SMALL SHOPPING CENTER

WATER VIEW! ONLY $39K

SELF STORAGE FACILITY W/ U-HAUL RENTALS

Fenced in with ofce space on Crain Highway $1,200 per month Also for sale $300,000

1100 Sq. Ft. , $1,800 per month

STORAGE YARD ON 1 ACRE

265 Units, Charles County, PRICE REDUCED!

WASHINGTON, DC

om

February/March 2020

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

Page 9

February/March 2020

John W. Latham

VIRGINIA

Million Dollar Club 2005, 2006 PWAR Top Producer 2004, 2007, 2008, 2009, 2010 PWAR Lifetime Top Producer Award PWAR

(703)361-6202 Ext. 105 Office • (703)898-5998 Cell • (703)361-9791 Fax Email: jwlatham@hotmail.com 10605 Gaskins Way, Manassas, VA 20109 Information contained herein is believed to be accurate but should not be relied upon without verification

Each Office Independently Owned and Operated. Licensed in Virginia.

Commercial * Industrial * Land * Sales * Leasing * Property Management FAUQUIER COUNTY INDUSTRIAL LAND ZONED I-2

OFFICE SPACE FOR LEASE

9548 Surveyor Court, Manassas, VA

•(9550) Space in building for lease. Call for details.

• Approximately 1071 sq ft • Can be built out to suit • Located just off Route 234/ Digges Road on Surveyor Court • $1800/month, gross • Call for appointment to tour

MANASSAS, VA

F • • • • •

Bealeton, VA • For Sale $750,000 PRICE REDUCED TO $650,000!

• Bealeton Virginia General Industrial Land, Zoned I-2 • 54 acres with approximately 18.5 usable • 2006 wetlands available for review • Located on east side of Route 17, Marsh Road • Ready and waiting for the visionary / developer • Call for details

Industrial Warehouse Available for Lease January 1, 2020, possibly sooner 8986 Mike Garcia Drive - $2,350/month, 2,100 sq. ft.

MANASSAS, VA ~ Almost Full, Call Soon!

A • In

L • • •

9150 Mike Garcia Dr.

lots available soon CALL FOR DETAILS

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

Prime Fenced Outdoor Yard Space for Lease in Hornbaker Industrial Park.

4,000 SF and up. Common Area Maintenance Fee (CAM): $.05 per SF. Call for availability. Zoning is MT. Great access to 234 bypass, I-66 & Prince William Pkway. $2.25/sf

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February/March 2020

John W. Latham

Million Dollar Club 2005, 2006 PWAR Top Producer 2004, 2007, 2008, 2009, 2010 PWAR Lifetime Top Producer Award PWAR

(703)361-6202 Ext. 105 Office • (703)898-5998 Cell • (703)361-9791 Fax Email: jwlatham@hotmail.com 10605 Gaskins Way, Manassas, VA 20109 Each Office Independently Owned and Operated. Licensed in Virginia.

Commercial * Industrial * Land * Sales * Leasing * Property Management 7808 AND 7810 CENTREVILLE ROAD MANASSAS, VA

Prince William County Land, Zoned B-1

Manassas Virginia General Commercial Land, Zoned B-1 .871 acres Located on the west side of Centreville Rd Ready and waiting for the Visionary/Developer possible for single tenant style building or small multi tenant strip center For Sale $390,000

MANASSAS, VA PRIME SPACE FOR LEASE! Features • Office Building • Easy access to I-66, Route 29 and Route 234 • 9’ ceilings • Sublease space available also. Please call for details.

• Restaurant & Hotel within walking distance Availability • 1st Floor: up to 4397 sq ft contiguous Includes $15/ft T/I allowance Lease Terms • 3-10 years • $14 sf and up, base rent • 3% Escalation

8317 Centreville Road • Prime Office Building w/ Space for Lease • B-1 Office or Retail—Many Uses Possible

.

or n k. n e all s 4 e

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• Available Immediately • Located on Major 4-Lane Highway, Minutes from I-66 & Centreville • Signalized intersection at Browns Lane and Rt. 28 Centreville Rd. • From $550 and up per month, Full Service. Call for more information

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

Page 11

VIRGINIA

Information contained herein is believed to be accurate but should not be relied upon without verification

February/March 2020

JANICE KIRKNER REALTOR ®

Associate Broker, CRS, GRI Hall of Fame Chairman’s Club Residential and Commercial Specialist #2 Top Commercial Agent Baltimore Region for 2010

1425 Liberty Road Eldersburg, MD 21784

L 1

443-604-5089 direct ◆ 800-795-2255 office Janice.Kirkner@LNF.com ◆ www.janicekirkner.com ELDERSBURG Retail/Office space for lease on busy State highway,1200 sq ft space available for lease. Tenant pays water and RE taxes plus utilities.

Call Janice Kirkner 443-604-5089

ELDERSBURG, MARYLAND Zoning is Pending includes 3 parcels.

Total acreage 7.66 +/- acres.

MARYLAND

BUSINESS OPPORTUNITY between Baltimore and Frederick this 16 Beds Assisted Living is on 13 acres and offers the potential for expansion. Sale includes Real Estate and Business and is fully furnished. Agent is a principal.

Call Janice Kirkner 443-604-5089

FOR SALE $1,900,000

Call Janice Kirkner 443-604-5089

6 Ta H a

CEMETERY IN FINKSBURG, MD.

Minutes from 140 and 795 this existing cemetary has the potential for additional plots.

Asking $58,000 • Call me for more information.

Call Janice Kirkner to discuss these properties at 443-604-5089

Darren Ahearn (Cell) 240-344-1713 (Office) 301-698-5005 FREE HOME SEARCH www.DarrenAhearn.com darrenahearn@gmail.com

7210 Corporate Ct. #B, Frederick, MD 21703

With over $120 Million SOLD we specialize in Residential / Commerical Investments / Farms / Short Sales and Real Estate Consulting

TURN KEY RESTAURANT FOR SALE / BUSINESS OPPORTUNITY • $250,000

15083 Summit Avenue, Blue Ridge Summit, PA Turn-key, fully furnished restaurant (approx. 1,848 SF with 65 seats) including all industrial/kitchen equipment and accessories.

Main level open seating area (31x36) renovation in 2012. Large commercial kitchen (approx. 25x16) with new industrial hoods in 2016. Also includes separate dry storage room, walk-in freezer. Heat pump and central air with oil backup furnace, 3 hot water tanks, and much more!There are 2 separate lower level rental units. Current long-term hair salon month to month at $300. Roughly 24x12 space with 1/2 bath. One vacant unit roughly 26x13 main room with 1/2 bath and 13x10 office, used as storage. Could easily rent for $300/mo. (These both could help offset restaurant expenses). Parking lot spaces, trash receptacle area for common service. Separate electric metered, combined water/sewer.This is a great place to have your own restaurant with lots of traffic and local neighbors who have known this gem to be serving Blue Ridge Summit since 1980.

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

• • • • •

Purchase & Construction Turnkey in-house contractors Up to 90% Purchase & Rehab Not to exceed 70% of ARV 12-month interest only (no prepayment penalty) • Loans from $75k-$5M

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February/March 2020

(C): 202-270-7253 (O): 301-270-7026 ext. 8716

MARYLAND

PATTERSON COURT, TAKOMA PARK 7 UNIT • $925,000 ON CUL-DE-SAC BESIDE PARK & BUS!

4 UNIT IN HISTORIC DISTRICT OF TAKOMA PARK! Just 0.7 of a mile to Metro and yards from the Takoma Food Cooperative, restaurants, town hall and schools, this 1927 4 Square Colonial has 4 completely self-contained and licensed units (3 x 2BR & 1 Studio) with lots of parking in the rear! Very good condition with new paint, carpet, kitchens, and a recent roof and furnace. .Great for owner occupant needing additional income and wanting a prime area! More info @www.7127CarrollAve.com

6 x 1 BR and 1 efficiency Unit - close beside Long Branch Park in unincorporated Takoma Park (not subject to rent stabilization law). $94,200 Gross income in 2018.

HIgher potential. $29,539 expenses in 2018. Recent updates, parking, a popular area that’s easy to rent.

More Photos and Floor Plan at www.308PattersonCt.com

DAVID MAPLESDEN Office: 301-270-7026 • Cell: 202-270-7253 • email: Maplesden@gmail.com

Unlimited Commercial Financing Group, LLC Commercial & Residential Real Estate Financing All Property Types

Long Term Loan Purchase Refinance Rate & Term Refinance w/Cash Out

EQUITY LOAN Investment Size: $2.0 M- $20.0 MM Term: 24-60 Months up to 90% of Total Equity Investment Type: Value Add, Distressed, Opportunistic Structure: Joint Venture, Preferred Equity

Bridge Loans, Hard Money Loans, Land Financing, International Loans Land Loans- Construction- outside US- Tough Deals Property Types: Hospitality, Industrial, Land, Mixed Use, Multi Family, Office and Retail and large projects. Loan Amounts: $1M – $100M Loan Type: Acquisition, Refinance, Recourse and Non-Recourse Rates: 6% - 14% Fixed Int Only • Term: 6 Mons – 5 Years Senior Debt LTV 75% - Fast Turnaround- 2 Days for Commitment Closing in as little as 5 days

We offer quick BRIDGE funding for a variety of needs • • • •

Highly structured transactions Discounted note pay-offs Property acquisitions Note acquisitions

• Recapitalizations • Complex deal structures • Bankruptcy and receivership resolutions

• • • •

Rehabilitation / construction Redevelopment / repositioning Lease-up / stabilization Partner buy-out

• Other uses depending on borrower’s specific needs

Residential Investment Financing • Fix and Flip Loans

• Rental Loans

• Ground Up Constructions Loans

Let UCFG help you meet your financial needs.

nstruction ouse contractors hase & Rehab 70% of ARV erest only (no prepay) 75k-$5M

Anita Clifford ucfgllc@gmail.com Office: 301-922-3695 • Fax: 240-269-7773 Visit our web site at www.bizcomre.com

MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

Page 13

FINANCIAL SERVICES

$30K - $100M Seeking Residential and Commercial Performing and Non Performing Note Buyers and Sellers Commercial Financing

g

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E-Mail: Maplesden@gmail.com Website: www.MaplesdenGroup.com

Long & Foster Realtors – Takoma Park/Old Town 1 Columbia Ave Takoma Park, MD 20912

February/March 2020

Roger Boyce,Owner/ Agent 443.496.2007 • 410.643.HOME www.rogerboyce.net

2201 Main Street, Suite 1 Chester, MD 21619

MARYLAND

10833 Greensboro Road, Denton, Md 21629 MARYLANDS EASTERN SHORE • $325,000

Location, Location, Location. This high traffic location makes this an great opportunity for a C2 zoned business. Plenty of parking, Large shop with over sized doors and interior ceilings. Offers 2 additional offices and plenty of storage. Oil heated in shop space. Sep Apt upstairs with large deck overlooking in ground pool with patio area, yard and storage shed.

Could potentially be filled in for more parking or additional storage. Also included is the 2 bedroom 1 full bath home next door at 10831, currently producing rental income. Additional detached 3 car garage with 2nd floor storage as well.

Coldwell Banker – Jay Lilly Real Estate Gloria J. Abell, Sales Master

E-mail: gloria.abell@coldwellbanker.com Office: 301-863-0300 Ext. 1311 • Cell: 301-904-6808 Toll Free: 800-257-6633

Operated by a subsidiary of NRT LLC

Your Southern Maryland Real Estate Specialist!

LEXINGTON PARK Great Investment Opportunity, Located on busy corner lot in the heart of Lexington Park. This commercial building currently houses an operating beauty parlor with finished basement with potential to expand . The upstairs has furnished apartment for even more potential income. Plenty of parking for all your clients. Call Gloria to preview this property.

$224,900 MDSM137892 Page 14

MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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FOR SALE 12399 WALDORF BUSINESS SQUARE

2,380 SF+/- Warehouse Condominium Unit located within Waldorf Business Square. Just South of Brandywine off of Old Washington Road. Subject to Current Month-to-Month Lease.

MARYLAND

om

February/March 2020

OPPORTUNITY ZONE

2205/2195 CRAIN HIGHWAY

NT CO R DE

INVESTMENT SALE: Two (2) Multi-Tenant Flex Buildings situated on 1.73 Acres +/- in the Heart of Waldorf. Zoned WC (Waldorf Central). Approx. 175 LF of Road Frontage along Old Washington Road. Public Water & Sewer.

UN

MOSS BUSINESS CENTER I & II

RA

CT

Redevelopment Site Consisting of Two (2) Parcels Totaling 1.874 Acres +/- in Close Proximity to Proposed Waldorf Station. Zoned CC (Community Commercial). Road Front on US Route 301 (Crain Highway) and Future Western Parkway. AADT: 61,470 Vehicles. Public Water & Sewer. 6,000 SQFT +/- Existing Multi-Tenant Building.

MOTIVATED SELLER - OWNER FINANCING AVAILABLE - BRING ALL OFFERS!

9320 W&W INDUSTRIAL ROAD

34,000 SQFT +/- Warehouse Building Situated on Approx. 6.38 Acres in La Plata, Maryland. Property Has Direct Access to US Route 301 (Crain Highway). Fenced Equipment/Storage Yard. Zoned IG - Light Industrial. MOTIVATED SELLER - OWNER FINANCING AVAILABLE!

FT

FOR LEASE ON

LY

1

LE

GOUGH WAREHOUSES

1,800 SF+/- Warehouse Unit w/ 12 foot Overhead Door. Direct Access to Leonardtown Road (MD Route 5) & Post Office Road. NO AUTOMOTIVE USES. Immediate Occupancy Available.

4255 ALTAMONT PLACE #202

1,350 SF+/- Medical/Office Suite located in Fairview Center just off of Crain Highway (US Route 301) in White Plains. Floor plan includes 6 exam rooms/private offices, lab/kitchenette, private in-suite bathroom, storage room, reception area and waiting room. Immediate Occupancy Available.

113 HOWARD STREET #104

1st Floor Office Suite (Approx. 2,467 SF) Located in the Heart of La Plata. Floor Plan Includes 5 Private Offices, Conference Room, Open Work, 2 In-Suite Restrooms, Reception Area & Kitchenette. 24 Hour Building Access. Plenty of Parking Including Parking Garage Spaces For Each Tenant. Tenant Responsible for Separately Metered Electric & Cleaning. Full Service Lease Can Be Negotiated Upon Request.

For More Information Please Contact: Visit our web site at www.bizcomre.com

29163 THREE NOTCH ROAD

Highly Visible 1,700 SQFT +/- 1st Floor Medical Office. Existing Floor Plan includes Five (5) Exam Rooms, Lab, Kitchenette, Reception Area and Waiting Room. Signage on Three Notch Road & Plenty of Parking. Tenant Responsible for Separately Metered Utilities and Real Estate Taxes. Move-In Ready.

ANNE M. HOOPER | CELL PHONE 443.977.9613

3605 Old Washington Road | Waldorf, MD | 20602 | FAX 301.932.9039 | EMAIL ANNE@HOOPER.ASSOCIATES

PHONE 301.870.5841

MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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February/March 2020

Bruce Rosen

BRosen@RECDC.com (202) 577-3552

Peter Pokorny

Peter@RECDC.com (703) 850-9099

WASHINGTON, DC

Arbitration Clauses in Leasing • Agree to Disagree - Disagreements happen. A landlord may believe it reasonably disapproved of a proposed tenant alteration. The tenant, however, may believe the landlord’s decision was unreasonable. If the parties to a lease disagree on an issue, how is that matter resolved? Most leases start with the position that the tenant waives its right to a jury trial. And leases often contain provisions on how to determine fair market value for renewal rent (if the parties can’t agree on a rate). They rarely, however, set forth a general procedure to resolve disputes.

• One way to do this is for a lease to have an arbitration clause providing for binding determinations for disputes that arise during the term of the lease.

• Arbitration – Arbitration is a private process where disputing parties agree that one or several individuals can make a decision about the dispute after receiving evidence and hearing arguments. Compared to litigation, arbitration is designed to be cheaper, quicker and less formal. In agreeing to an arbitration provision, both parties waive their right to litigate the particular matter and agrees to have the case heard by an arbitrator.

• Scope – Parties could agree that any dispute under their lease must be resolved by arbitration. A more common approach is to specifically set forth the types of disputes that will be subject to arbitration. Some of the real estate issues that can be subject to arbitration include disputes relating to the market rent for a renewal term for a lease, disputes involving matters of reasonable consent, disputes involving revenue issues and operational use, and market value of land or improvements for purchase options.

• Associations – An arbitration clause should select the organization that will conduct the arbitration. Two common groups are the American Arbitration Association (AAA) and the Judicial Arbitration and Mediation Services (JAMS). Each organization has their own set of rules as to how the arbitration will be conducted.

• Forms of Arbitration – A common form of arbitration includes three arbitrators. The landlord and tenant each pick one arbitrator and the two arbitrators choose the third. A determination is made by a majority of the arbitrators.

• Another form of arbitration is “Baseball Arbitration.” In this type of arbitration, a single arbitrator is used and the arbitrator must select either the landlord’s or tenant’s determination. The arbitrator cannot “split the difference.” This works well in a lease with an extension option where there is a dispute about the fair market value of rent.

• Arbitrators – When it comes to selecting arbitrators, each organization’s rules are slightly different. For example, in the AAA arbitrators can be appointed from a national roster or the parties’ lease can name the arbitrator or selection method. The arbitration clause may also delineate the qualifications of the arbitrator. As an example, the arbitrator may have to have ten years of experience leasing office space in the DC market.

• Finality – In arbitration, if a party does not agree with a decision, its recourse may be very limited. In litigation, a party may appeal if the judge made a mistake in the law or ruled improperly on an evidentiary matter. Such mistakes will likely not be adequate to allow an appeal in arbitration.

• Your Transaction – Arbitration may be an efficient and cost-effective way for parties to resolve lease disputes, provided that they have thought through the issues when drafting their arbitration clause. The issues in this article highlight some of the key points to address in lease negotiations. In all cases, we advise you to consult an experienced commercial real estate broker and experienced commercial real estate attorney to advise you in negotiating and structuring the best terms for your lease.

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MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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Page C3

February/March 2020

Creative Agency.

Creative Agency.

Creative Financing.

Creative Financing.

Merrick Towle Creative Agency Refinances Balloon Merrick Towle Creative Agency Refinances Mortgage with $2,850,000 SBA LoanBalloon Mortgage with $2,850,000 SBA Loan National Preferred SBA Lender National PreferredCommercial SBA Lender Owner Occupied

Owner Occupied Commercial Real Estate Purchases Real Estate Purchases Business Acquisitions/Partner Buyouts

Business Acquisitions/Partner Buyouts Debt Refinance/Restructure Debt Refinance/Restructure

Michael DeVito Michael DeVito 410.296.9344

410.296.9344

Maryland • Washington, DC • Northern Virginia Maryland • Washington, DC • Northern Virginia

SBA loans from $500,000 to $5,000,000 SBA loans from $500,000 to $5,000,000 Page C4

MID ATLANTIC BUSINESS OPPORTUNITIES & COMMERCIAL REAL ESTATE GUIDE

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