We are excited to announce the successful closing of a 4,800 SF free-standing restaurant located at 12046 Cherry Hill Road, Silver Spring, Maryland. As of July 2024, KOI Asian Cuisine has a new owner, continuing its legacy of serving authentic Asian dishes, including Japanese sushi and ramen, to the local community.
The new owner recognized the strategic advantages of this spot, nestled next to a large residential area and just under five miles from the Greenbelt Metro Transit Station. This location presented an ideal opportunity for a thriving restaurant business.
Fei Wang, the Listing Broker for this transaction, shares an optimistic outlook for the future of KOI Asian Cuisine. "There is significant potential for business expansion, based on current operations and sales performance," says Wang. The restaurant's free-standing building is a standout feature, setting it apart from other establishments typically found in densely packed commercial rows. The new owner discovered this opportunity through Fei Wang’s listing on BizBuySell.com, a popular platform for business acquisitions.
CapStar’s Fei Wang helped with the brokerage deal. Wang joined the CapStar team in 2013, and specializes in commercial realty leasing as well as sales brokerage.
To contact CapStar’s Fei Wang, please email: feiwang@capstarco.com.
About CapStar Commercial Realty
Since 1994, CapStar Commercial Realty is a full service commercial real estate firm headquartered in Gaithersburg, MD, operating across the District of Columbia, Maryland, and Virginia. CapStar assists small and large companies, from local to an expanding brand, with services in leasing, sales and acquisitions, property management, business acquisitions, consulting, and a unique specialty in restaurants. CapStar’s range of services and proprietary database help sellers, buyers, landlords, and tenants, identify real estate opportunities in retail, office, industrial, land, and condominiums.
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