Commercial Real Estate /MD /Montgomery County /Derwood /17651 Redland Rd

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Commercial Real Estate /MD /Montgomery County /Derwood /17651 Redland Rd

17651 Redland Rd - Drug Store FOR SALE

Derwood, MD 20855 |

Off Market

1/3

17651 Redland Rd
Derwood, MD 20855

HIGHLIGHTS

New 25-Year Triple Net (NNN) Ground Lease in 2019 with 21 Years Remaining
Twelve Percent (12%) Rental Increase in the First Option, Then Ten Percent (10%) in the Remaining Option Periods.
Corporate Guaranty | S&P BBB Credit Rating

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

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

12800

STORIES

1

YEAR BUILT

2018

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

04-00049528,04-00049530