Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Fulton Bank located at 9151 Baltimore National Pike in Ellicott City, Maryland (“Property” or “Asset”). Fulton Bank is operating on a 15-year absolute NNN lease with ±13.0 years of primary lease term remaining, 2.25% annual rent escalations, three, five-year renewal options and zero landlord responsibilities.

MD Broker of Record: Andrew Weir - MD License #: 616262

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Caractéristiques de l'actif

Prix attendu

4 647 000 €

Taux de capitalisation

6,25 %

Revenu net

291 000 €

WALT

13 années

Taille du terrain Brut

0,58 hectare

Surface de l'actif Net

1 374 m²

Média

Points clés d'investissement

Absolute NNN lease with ±13.0 years of primary lease term remaining
Rare 2.25% annual rent escalations
Fulton Bank carries investment grade credit ratings of 'A' from Morningstar DBRS and 'Baa1' from Moody's
Exceptional deposits of $380M in 2025, the #1 location in Howard County
Frontage along US 40, just off interchange with US 29 with accessibility to 207,000+ VPD
Strong demand characteristics driven by 3-mile AHHI of $201K
Positioned within dense commercial corridor in Greater Baltimore with 3M residents