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4319 collington rd

PRICE

BUILDING SIZE

TARZANA, CA 91356

$5,900,000

2,838 SF

LOT SIZE

31,338

PRICE/SF (BLDG)

PRICE/SF (LOT)

PARKING

$2,079

$188

19 Spaces

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 4319 Collington Road, a 2,838 SF single-tenant NNN ground lease TD Bank situated on 0.72 acres (31,338 SF) on the signalized corner of Collington Road and Town Center Boulevard in Bowie, Maryland. The property is strategically located within the Bowie Corporate Center and directly across from Bowie Town Center, the area’s dominant retail hub.

The offering combines a secure income stream from TD Bank, part of Toronto-Dominion Bank, with strong underlying real estate fundamentals, including a freestanding bank building featuring a triple drive-thru configuration and 19 surface parking spaces (6.69 per 1,000 SF). The site’s layout is designed to accommodate high-volume banking operations, benefiting from strong visibility, controlled access, and consistent consumer traffic generated by the surrounding retail and office environment.

4319 Collington Road is positioned along Collington Road, a primary commercial corridor in Bowie with traffic counts exceeding 17,000 vehicles per day, and benefits from direct access to U.S. Route 50, a major east-west highway connecting the property to Washington, D.C. and the broader region. The property is immediately across from Bowie Town Center, an established open-air retail destination anchored by Safeway and Macy’s, with additional national tenants including Best Buy, LA Fitness, and Barnes & Noble. The combination of retail draw, office presence, and regional connectivity supports consistent traffic patterns and long-term viability of the asset.

TD Bank has successfully operated at this location since November 2011 and maintains a lease through November 30, 2031, providing approximately 5.7 years of remaining term. The tenant currently pays $25,712.50 per month ($9.06/SF) under a NNN ground lease, with a scheduled rent increase on December 1, 2026 to $28,283.75 per month ($9.97/SF). The lease includes four (4) five-year renewal options, with rental rates set at fair market value, subject to a minimum of the prior rent and a maximum increase of 10%.

BRANDON MICHAELS
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Tel: (818) 212-2794

Fax: (818) 212-2710

16830 Ventura Blvd, Suite 100
Encino, CA 91436

© & TM 2024 Brandon Michaels Group | DNC Artistry

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