QuickChek Carlstadt
720 Washington Street, Carlstadt, NJ, 07072, US
₱608,024,000 | 511 sm
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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Attributes
Asking price
₱328,947,000
Cap rate
6.25%
NOI
₱20,561,000
WAULT
13 years
Land area gross
0.58 ha
Building area net
1,374 sm
Media
Investment highlights
- 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 brokers
Fulton Bank - Ellicott City, MD (0 Properties)
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Last updated
May 13, 2026
