Descrição

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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Atributos

Preço pedido

€ 4.648.000

Taxa de capitalização

6,25%

NOI

€ 291.000

WAULT

13 anos

Área de terreno bruta

0,58 ha

Área de construção líquida

1.374 m²

Media

Destaques do investimento

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