Marcus & Millichap is pleased to present Jersey Mike’s & Bruster’s | A Two-Tenant
Offering at Seven Oaks Shopping Center, a 3,046-square-foot retail property in Odenton,
Maryland. The property is fully leased and shadow-anchored by Weis Markets, providing
daily-needs grocery adjacency that supports customer traffic. The offering combines two
established food-service brands with proximity to surrounding residential neighborhoods
and one of the region’s largest employment hubs. Bruster’s features a drive-thru, providing added convenience for customers. Adjacent land is available for separate purchase and is not included in the subject offering. The subject outparcel has not yet been subdivided and does not currently have a separate tax identification number.
Both tenants operate under triple-net leases extending through early 2034, providing
contractual rental income with scheduled increases. Jersey Mike’s lease includes a 10%
rent increase in 2029 and three five-year renewal options, while Bruster’s lease includes
3% annual rent increases and one five-year renewal option.
The outlot benefits from its proximity to Fort George G. Meade, home to major federal
agencies including the National Security Agency, U.S. Cyber Command and the Defense
Information Systems Agency. This concentration of military personnel, civilian
employees and government contractors provides a substantial nearby customer base.
Together with grocery shopping activity and surrounding residential communities,
the employment base supports demand for convenient dining and dessert options.
The surrounding trade area further enhances the property’s investment profile. Within
a five-mile radius, the area has a daytime population of approximately 146,399 and an
average household income of $145,653. These demographics support the property’s food-service tenants and complement its position adjacent to an established grocery anchor.
Strategically located along Annapolis Road (MD-175), the outlot offers visibility
and convenient access within the Baltimore-Washington corridor. Annapolis
Road carries approximately 29,163 vehicles per day, while the nearby Patuxent
Freeway (MD-32) carries approximately 43,182 vehicles per day. Connections to
Interstate 97 and MD-295 provide regional accessibility, while surrounding retailers,
employers and residential neighborhoods contribute to the property’s customer base.
Jersey Mike’s & Bruster’s presents investors with the opportunity to acquire a fully leased,
income-producing retail asset supported by grocery adjacency, nearby employment and
residential density. Long-term triple-net leases extending through early 2034, scheduled
rent increases and renewal options provide contractual income visibility and the potential
for continued occupancy beyond the initial lease terms.
• Fully Leased, 3,046 SF Retail Outlot Occupied by Jersey Mike’s
and Bruster’s
• Strong Tenant Commitment: Two Established Food-Service
Brands With NNN Leases Extending Through Early 2034
• Scheduled Rent Growth: 10% Increase for Jersey Mike’s in 2029
and 3% Annual Increases for Bruster’s
• Personal Guarantees From Both Tenants – Both Jersey Mike’s and
Bruster’s leases are backed by personal guarantees.
• Shadow-Anchored by Weis Markets, Supporting Grocery-Driven
Customer Traffic
• Bruster’s Features a Drive-Thru, Providing Convenient Service for
Customers on the Go
• Strong Traffic Exposure: 29,163 VPD on Annapolis Road (MD-175)
and 43,182 VPD on MD-32
• Near Fort George G. Meade, a Major Regional Employment Hub
• Minutes From U.S. Cyber Command, NSA and Multiple Federal
Agencies
• Regional Connectivity Via MD-175, MD-295 and Interstate 97
• Established Residential Neighborhoods Supporting Dining and
Dessert Demand
• Strong Five-Mile Demographics: $145,653 Average Household
Income and 146,399 Daytime Population
• Positioned Within the Baltimore-Washington Corridor
License #: 6501384871
248-415-2634darin.gross@marcusmillichap.com