2701 North Point Rd - Storefront Retail/Office FOR SALE


Baltimore, MD 21222
$1,950,000 USD
410-342-5263
2701 North Point Rd, Baltimore, MD for Sale
$1,950,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 7.2% Cap Rate

2701 North Point Rd
Baltimore, MD 21222


HIGHLIGHTS

  • Fully Leased Center with Value-Add Potential
  • All NNN Leases – Minimal Landlord Responsibilities
  • Recently Renovated Parking Lot, Paint, and Pylon Signage
  • Easy Access to I-695 and I-95

OVERVIEW

The property is 100% occupied, ensuring immediate income for an investor. Ideal Investment Opportunity with stable cash flow with existing tenants in place. All NNN leases: Tenants are responsible for taxes, insurance, and maintenance. Landlord has limited operational duties, ideal for passive income investors. Situated on a well-trafficked road with 35 feet of frontage on North Point Blvd. On-site parking with ample space enhancing tenant appeal and customer convenience. Recent renovations include a newly paved parking lot, exterior paint, and updated pylon signage.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,588 SF

ZONING

BL

APN/PARCEL ID

12-1206022170,12-1218011822

ASK ABOUT THIS PROPERTY

Kyle LeibowitzAvenue Real EstateMore Info
410-342-5263

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Kyle LeibowitzAvenue Real EstateMore Info
410-342-5263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.