Country Ridge Shopping Center

Investment Overview

K & M Commercial proudly presents a retail shopping center for sale in Essex, MD. This property offers 130,000 sq/ft of space, with multiple tenants anchored by Family Dollar and Dollar Tree stores. The shopping center has a big box and a former bank building, which makes it an excellent value opportunity. There have been several updates to the property, including newly paved surface parking, a new façade, new HVAC units on the Big Box space, over $400K in electrical upgrades, brand new LED lighting, and new signage.

Area Overview

The Country Ridge Shopping Center is a bustling retail hub off Back River Neck Road. This expansive shopping center spans approximately 139,450 square feet and is strategically located in densely populated Essex, Maryland. It lies just a few minutes south of major thoroughfares such as I-95, Route 40, and Eastern Boulevard.

Key features of the shopping center include:

1. Anchored Tenants: The center boasts two major anchor tenants: Family Dollar and Dollar Tree.
2. Recent Upgrades: The property has undergone significant improvements, including:
   • Newly paved surface parking
   • A fresh façade
   • Installation of new HVAC units for the big box space
   • Over $400,000 invested in electrical upgrades
   • Brand new LED lighting
3. Ideal Uses: The versatile space accommodates a range of businesses, including:
   • Medical facilities
   • Grocery stores
   • Entertainment venues
   • Restaurants
   • Personal and professional services

Excellent Visibility: The shopping center enjoys excellent visibility at a traffic signal. Approximately 16,101 cars pass by daily, making it a prime location for businesses seeking exposure.

Highlights

130,000 sq/ft Retail Center, Anchored by Family Dollar and Dollar Tree
Value add with potential for big box.
Brand new surface parking lot, façade, HVAC units, and lighting
$1MM in value add available
Low-Cost NNN's at under $4 per sq/ft