Fulton Bank - Ellicott City, MD
9151 Baltimore National Pike, Ellicott City, MD, 21042, US
€ 4.775.000 | 1.374 m²
Descrição
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Kennie’s Market at 11 Grand Drive in Taneytown, Maryland (“Property” or “Asset”). The Property is operating on a NN lease with ±5.3 years of primary lease term remaining, 2.00% annual rent escalations and two, five-year renewal options. Kennie’s Market is an employee-owned grocery chain with 5 locations throughout Maryland and Pennsylvania.
MD Broker of Record: Andrew Weir – License #: 616262
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Atributos
Preço pedido
€ 5.717.000
Taxa de capitalização
8%
NOI
€ 458.000
Área de terreno bruta
1,96 ha
WAULT
5.3 anos
Área de construção líquida
3.533 m²
Media
Destaques do investimento
- ±5.3 years of primary lease term on NN lease with limited landlord responsibilities
- Exceptional 4.29% rent-to-sales generating $230K/week
- Large 4.85-acre parcel in suburban Baltimore
- Strong demand characteristics driven by 5-mile AHHI of $121K with 11% rent growth since 2010
- Anchors Taneytown Center, with new Tractor Supply proposed to co-anchor
- Just off E Baltimore St (US 140) with visibility to more than 13,000+ VPD
- Kennie’s Market is an employee-owned grocery store chain with 5 locations throughout MD & PA
Contactar corretores
Kennie's Market - Taneytown, MD (0 Propriedades)
