Commercial Land for Sale in Hyattsville, Maryland

NAI Michael is proud to exclusively represent the ownership for the disposition of the Frolich Lane Portfolio, located immediately outside Washington DC in Hyattsville, Prince George’s County, Maryland.

This is a rare opportunity to own a portfolio totaling 143,149± square feet of buildings situated on 9.13± acres, zoned IH (Heavy Industrial). The portfolio consists of three industrial buildings, one office building, and approximately 3.5± acres of excess land, currently being used as secure fenced parking / industrial outdoor storage. Due to the demand driven by its proximity to Washington DC and the incredibly low amount of industrial products in DC, the Frolich Lane Portfolio historically stays fully leased. Currently, there are two recent vacancies and two owner-occupied spaces, which will be vacant upon delivery. All these spaces total 55,348± SF, providing new ownership with an excellent leasing opportunity. The seller is also currently in discussions with prospective tenants interested in leasing the vacant space. Most leases are below market rates and are a mix of NNN, Modified Net, and Gross lease structures. This presents a significant value-add opportunity for a purchaser to mark lease rates to market and adjust lease structures to NNN, thus reducing expenses and increasing income significantly.

Location Overview

Prince George's County is one of the Washington MSA’s most dynamic industrial and logistics submarkets, greatly benefiting from its strategic position immediately east of the District. The County sits at the crossroads of the Mid-Atlantic's major transportation corridors, including the Capital Beltway (I-495), I-95, US Route 50, and the Baltimore-Washington Parkway (MD 295). With a population approaching one million residents, the local economic base is anchored by major local, state, and federal governments, healthcare, education, and defense institutions, including Joint Base Andrews, the University of Maryland, NASA's Goddard Space Flight Center, and numerous government contractors.

The Frolich Lane Portfolio is particularly well positioned within Prince George's County's established infill industrial market. Located adjacent to Washington DC and just minutes from the Capital Beltway, the portfolio offers top access to downtown DC and easy access to the rest of the MSA and the region's densely populated suburbs. As industrially zoned land within DC remains extremely limited and increasingly expensive, many service providers, contractors, distributors, and last-mile logistics operators have gravitated toward Prince George's County locations that allow them to maintain a strong DC presence. This dynamic has made the industrial area surrounding the Frolich Lane Portfolio a long-standing destination for businesses whose success depends on rapid access to downtown.

As available industrial inventory near Washington, DC continues to remain constrained, well-located assets such as the Frolich Lane Portfolio are increasingly sought after by investors and occupiers seeking stable long-term demand fundamentals and irreplaceable infill positioning.

• Below market lease rates
• Mark to market opportunity
• Excellent value-add purchase
• Rare fenced parking / IOS lots
• Strong occupancy history and demand drivers
• Difficult barriers to entry for new competing industrial product nearby
• Infill location located in an established business park
• Location is preferred by businesses servicing downtown Washington DC and the greater MSA