10280 Mill Run Cir - Freestanding FOR SALE
Owings Mills, MD 21117 |
10280 Mill Run Cir
Owings Mills, MD 21117
HIGHLIGHTS
- NNN ground lease with corporate guaranty from Lowe's Companies, Inc. (NYSE: LOW, S&P: BBB+).
- The lease includes 7.5% rent increases in the eight, 5-year renewal options.
- Co-anchor to 620,000 SF Mill Station Power Center | Costco, Giant, AMC Theaters, Burlington, Marshall's, HomeSense, PetSmart, etc.
- There is a built-in customer base in the immediate area with over 6,942 households in 1 mile.
- The MSA holds 5.0 MSF of retail space, 5.9 MSF of office space, 1.1 MSF industrial space, and 13,375 multifamily units within 3-miles.
- 12 miles from Downtown Baltimore (MSA Population: 2.87M+).
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Lowe's Home Improvement
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
111238
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
577
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
04-2300004129
