MCRES Brokers Sale of 8150 Cryden Way in District Heights, MD for $2.035 Million
New owner plans to convert more than 9,800 square foot vacant building to auto body shop
MacKenzie Commercial Real Estate Services has brokered the sale of 8150 Cryden Way, a 9,800 square foot multi-use building, to City Side Auto Body for $2.035 million. MacKenzie’s Bryan Herr, Vice President; Oliver Fryer, Vice President; and Andrew Meader, Senior Vice President and Principal represented the previous owner of the vacant asset, Helen Campbell in this sale transaction.
City Side Auto Body is a woman-owned and operated business specializing in auto body and collision repair services, while also providing brake, engine, suspension, wheel repair, and automobile painting. Presently based in Clinton, the group plans to relocate its operations to the District Heights section of Prince George’s County.
Nearing 2,000 square feet of space contained within 8150 Cryden Way is configured to support office space, and the building features five drive-in bays and is surrounded by a free surface parking lot. The asset is situated less than one mile from MD Route 4, less than two miles from Interstate 495 (Capital Beltway), and approximately five miles from Washington, D.C.
“Nearly ready-to-move industrial buildings of this size are hard to come by in this section of Prince George’s County, and the new owner has acquired an asset that can be easily retrofitted to handle its operations,” stated MacKenzie’s Herr. “The five drive-in bays can be configured to support auto repair uses and the existing office space is perfectly suited for the company’s administrative requirements. City Side Auto Body purchased this well-maintained asset at below replacement cost.”
MacKenzie Commercial Real Estate Services is the real estate brokerage arm of The MacKenzie Companies, which operates five full-service divisions addressing all real estate asset classes including MacKenzie Management Company, MacKenzie Contracting Company, MacKenzie Capital, MacKenzie Investment Group and MacKenzie Multifamily Management. The company provides customized real estate solutions for institutional owners, investors, private companies, and individuals. For additional information, visit www.mackenziecommercial.com
