35 Dalrymple Rd - Service Station FOR SALE


Sunderland, MD 20689
$5,076,000 USD
949-244-6644
35 Dalrymple Rd, Sunderland, MD for Sale
$5,076,000 USD
Service Station - FOR SALE
1/1
null | 5.25% Cap Rate

35 Dalrymple Rd
Sunderland, MD 20689


OVERVIEW

- CORPORATELY GUARANTEED LEASE WITH 7-ELEVEN, INC. | INVESTMENT GRADE CREDIT (S&P: A-) | 7-ELEVEN IS THE LARGEST C-STORE RETAIL CHAIN IN THE WORLD | 77,000+ STORES WORLDWIDE / 13,000+ LOCATIONS IN NORTH AMERICA - LONG-TERM COMMITMENT | 10.4 YEARS OF PRIMARY TERM REMAINING | 10.00% RENTAL INCREASES EVERY 5 YEARS DURING THE BASE TERM | 7.50% RENTAL INCREASES DURING EACH OF THE FIRST 4 (5-YEAR) OPTIONS | FMV IN OPTION 5 | EXTREMELY PASSIVE ABSOLUTE NNN LEASE | FEE SIMPLE LEASE, ALLOWING FOR ACCELERATED DEPRECIATION - LOCATED ON SOLOMONS ISLAND RD (14,140 VPD) | 0.57 MILES FROM SOUTHERN MARYLAND BLVD/ROUTE 4 (29,758 VPD)| LOCATED 25 MILES SOUTHEAST OF WASHINGTON D.C. - SUNDERLAND, MD LOCATION | STABLE & AFFLUENT DEMOGRAPHICS | CLOSE PROXIMITY TO THE WASHINGTON D.C & BALTIMORE, MD DOWNTOWNS

FOR SALE DETAILS

PRICE

$5,076,000 USD

PRICE/SF

$1,858 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven - Sunderland, MD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

RC

APN/PARCEL ID

03-179109

ASK ABOUT THIS PROPERTY

Matt BerresNewmarkMore Info
949-244-6644

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Matt BerresNewmarkMore Info
949-244-6644

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