Kennie's Market - Taneytown, MD
11 Grand Drive, Taneytown, MD, 21787, US
€ 5.524.000 | 3.533 vierkante meter
Beschrijving
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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Kenmerken
Vraagprijs
€ 4.614.000
Cap rate
6,25%
NOI
€ 289.000
WAULT
13 jaren
Bruto landoppervlakte
0,58 ha
Netto gebouwoppervlakte
1.374 vierkante meter
Media
Investeringskenmerken
- 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
Contact adviseurs
Fulton Bank - Ellicott City, MD (0 Eigendommen)
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Laatst bijgewerkt
May 13, 2026
