Bowie Marketplace - CBRE Marketplace
Bowie Marketplace - CBRE Marketplace
Bowie Marketplace - CBRE Marketplace
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Retail<br />
5,500 Sf<br />
Retail<br />
12,000 Sf<br />
42<br />
86<br />
BOWIE, MARYLAND<br />
Retail<br />
7,100 Sf<br />
22<br />
Retail<br />
3,900<br />
Sf<br />
349<br />
GRoceRy<br />
58,500 Sf<br />
83<br />
Retail<br />
9,600 Sf<br />
36<br />
<strong>Bowie</strong> <strong>Marketplace</strong><br />
15505 Annapolis Road, <strong>Bowie</strong>, MD 20715 www.cbremarketplace.com/bowiemarketplace<br />
Unique Opportunity to Redevelop an Existing ±20 Acre Site within<br />
the Highly Desirable Washington-Baltimore Metropolitan Area<br />
Retail<br />
Grocery 58,500 sf<br />
Retail 38,100 sf<br />
Total 96,600 sf<br />
Parking Provided<br />
535 Spaces<br />
5.5 Spaces/1,000 sf<br />
Residential<br />
32 Two-Car Garage Units<br />
(25’ wide)<br />
44 One-Car Garage Units<br />
(20’ wide)<br />
Parking Provided<br />
Annapolis<br />
National Retail Investment Group:<br />
108 Residential Spaces<br />
40 Parellel Spaces<br />
Primary Street<br />
Network<br />
Senior Independent Living<br />
4 Levels<br />
133,000 sf<br />
120 units<br />
120 x .66 = 80 parking sp. req.<br />
83 parking spaces provided<br />
Washington, DC<br />
R. William Kent<br />
Executive Vice President<br />
202.585.5592<br />
bill.kent@cbre.com<br />
Gary S. Lawrence<br />
Executive Vice President<br />
202.585.5533<br />
gary.lawrence@cbre.com<br />
Kimberly S. Roth<br />
Sales Analyst<br />
202.585.5710<br />
kim.roth@cbre.com<br />
Multi-Housing Group:<br />
John T. Sheridan, Jr.<br />
Senior Vice President<br />
703.905.0234<br />
john.sheridan@cbre.com<br />
William S. Roohan<br />
Vice Chairman<br />
410.244.3122<br />
bill.roohan@cbre.com<br />
Andrew C. Boyer<br />
Executive Vice President<br />
703.734.4737<br />
andy.boyer@cbre.com<br />
<strong>CBRE</strong><br />
750 9th Street, NW<br />
Suite 900<br />
Washington, DC 20001<br />
T 202.783.8200<br />
The JBG Companies<br />
JBG Rosenfeld Retail<br />
MV+A Architects<br />
Site Plan<br />
REDEVELOPMENT MAIN STREET MARKET SCHEDULE<br />
June 2, 2011<br />
6023.14<br />
The redevelopment has been planned in two phases.<br />
1<br />
Phase 1: Retail<br />
Phase 1 will be a 102,044 square foot neighborhood shopping center anchored by a 58,600<br />
square foot Safeway and Safeway Gas Pad. Additional tenants include McDonalds and Dryclean<br />
Depot (both on pad sites); combined the site is 72% pre-leased with 58% of guaranteed income. The<br />
potential opportunity also exists for Chaney Automotive to remain on-site. The site is currently zoned<br />
for retail and will have all required approvals for the retail redevelopment by 1Q 2012.<br />
Phase 2: Residential<br />
Phase 2 will be approximately eight acres of multi-family units including townhomes and 120 senior<br />
living units. A rezoning is required to develop these eight acres as residential. Rezoning will take<br />
approximately 2 ½ years. The Master Plan for the City of <strong>Bowie</strong> shows retail and multifamily on the<br />
<strong>Bowie</strong> <strong>Marketplace</strong> site.<br />
The current owner has prepared a preliminary concept plan showing the retail and multifamily<br />
development opportunities which exist on the 20.24 acre parcel.<br />
In and Around <strong>Bowie</strong> <strong>Marketplace</strong><br />
• The City of <strong>Bowie</strong> is the largest municipality in Prince George’s County, 5th most populous city<br />
and the 3rd largest city by area in Maryland. <strong>Bowie</strong> originated as a railway stop in 1853 and<br />
has grown to be one of the largest and fast growing cities in Maryland.<br />
• The City of <strong>Bowie</strong> is home to the <strong>Bowie</strong> Race Track, Prince George’s Stadium (home of the Minor<br />
League’s <strong>Bowie</strong> Baysox), the <strong>Bowie</strong> Center for the Performing Arts Center, <strong>Bowie</strong> State University<br />
and the Belair Estate. Once the premier racing stable in the mid 1900s, today the Belair Estate<br />
is on the National Registrar of Historical Places. These attractions are all within five miles of<br />
<strong>Bowie</strong> <strong>Marketplace</strong>.<br />
• The City of <strong>Bowie</strong> is a dynamic, vibrant, and diverse community offering an enviable suburban<br />
lifestyle with a high quality of life, a well-managed government, outstanding public services,<br />
and comprehensive educational opportunities.<br />
• Encompassing nearly 500 square miles, Prince George’s County has an urban atmosphere that<br />
simultaneously provides a scenic and peaceful place to live, work, and play.<br />
• Prince George’s County is also home to NASA’s Goddard Space Flight Center, the United States<br />
Census Bureau and Andrews Air Force Base. Prince George’s County has one of the strongest,<br />
most viable jurisdictions nationwide and is part of the fifth largest regional economy in the US.<br />
The county is home to more than 14,000 businesses.<br />
Prospective purchasers must sign the accompanying Confidentiality Agreement and fax it to Bill<br />
Kent at 202.585.5785. A complete sales offering will then be sent to you upon request.
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