5833 York Rd - Freestanding FOR SALE


Baltimore, MD 21212- Mid-Govans
$1,485,000 USD
508-272-0585
5833 York Rd, Baltimore, MD for Sale
$1,485,000 USD
Freestanding - FOR SALE
1/4
null | 6.25% Cap Rate

5833 York Rd
Baltimore, MD 21212
Mid-Govans


HIGHLIGHTS

  • INVESTMENT-GRADE CORPORATE GUARANTY (S&P: BBB) - Lease guaranteed by The Sherwin-Williams Company (NYSE: SHW), an S&P investment-grade rated company,
  • SCHEDULED 15% RENT INCREASE - Built-in 15% rent increase commencing April 2027 provides meaningful NOI growth while maintaining an attractive rental b
  • DENSE, HIGH-INCOME INFILL TRADE AREA - Located within one of Baltimore's most densely populated trade areas, the property serves more than 500,000 res

OVERVIEW

- INVESTMENT-GRADE CORPORATE GUARANTY (S&P: BBB) - Lease guaranteed by The Sherwin-Williams Company (NYSE: SHW), an S&P investment-grade rated company, Fortune 500 member, and the nation's largest specialty paint retailer with more than 4,900 locations across North America. - SCHEDULED 15% RENT INCREASE - Built-in 15% rent increase commencing April 2027 provides meaningful NOI growth while maintaining an attractive rental basis that supports long-term occupancy and future lease renewal. - DENSE, HIGH-INCOME INFILL TRADE AREA - Located within one of Baltimore's most densely populated trade areas, the property serves more than 500,000 residents within five miles and benefits from average household incomes exceeding $121,000 within one mile. - NEARLY 40 YEARS OF CONTINUOUS OPERATIONS - Sherwin-Williams has successfully operated from this location since the building's construction in 1986, demonstrating long-term commitment to the site and its surrounding trade area. - ESTABLISHED NORTH BALTIMORE RETAIL CORRIDOR - Positioned along York Road (15,444 VPD), a primary commercial artery connecting Downtown Baltimore with the city's affluent northern neighborhoods and surrounding suburbs. - PROXIMITY TO MAJOR EMPLOYMENT CENTERS - Located just minutes from Downtown Baltimore, Johns Hopkins University, and Johns Hopkins Hospital, one of Maryland's largest employment hubs, supporting sustained commercial activity and long-term real estate fundamentals.

FOR SALE DETAILS

PRICE

$1,485,000 USD

PRICE/SF

$312 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

-

APN/PARCEL ID

5136A-001

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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