3801 W Forest Park Ave - Storefront FOR SALE


Baltimore, MD 21216- Forest Park
$3,025,314 USD
678-704-5364
3801 W Forest Park Ave, Baltimore, MD for Sale
$3,025,314 USD
Storefront - FOR SALE
1/4
null | 7% Cap Rate

3801 W Forest Park Ave
Baltimore, MD 21216
Forest Park


OVERVIEW

This offering features a Family Dollar retail location in Baltimore, Maryland under a long-term triple net (NNN) lease structure. The lease, corporately guaranteed, provides an investor the opportunity to secure a consistent and predictable income stream with a tenant rated among the most recognized discount retailers in the nation. With approximately 8.5 years remaining on the primary term and structured 5% rental escalations every five years starting in year 11 and through renewal options, this asset is designed to enhance long-term cash flow performance.

FOR SALE DETAILS

PRICE

$3,025,314 USD

PRICE/SF

$330 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C

APN/PARCEL ID

2905-001

ASK ABOUT THIS PROPERTY

Isaac HabibAvison YoungMore Info
678-704-5364

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Isaac HabibAvison YoungMore Info
678-704-5364

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