5915 Belair Rd - Veterinarian/Kennel FOR SALE


Baltimore, MD 21206- Cedmont
$899,000 USD
410-903-7800
5915 Belair Rd, Baltimore, MD for Sale
$899,000 USD
Veterinarian/Kennel - FOR SALE
1/34
null | 7.92% Cap Rate

5915 Belair Rd
Baltimore, MD 21206
Cedmont


HIGHLIGHTS

  • Net lease. Almost Triple Net
  • Major, substantial, long term tenant
  • Great location with ample parking

OVERVIEW

Great investment opportunity with one major tenant and an almost triple net lease. There is one major tenant. The tenant pays all taxes, utilities, insurances and most maintenance. The owner is responsible for some maintenance. The parking lots were just resurfaced. The property is well maintained. It has ample parking in the front and in the rear. The basement provides kennel space for about 50 pets. The main level has over 2900 sq ft. It features a waiting area, patient rooms, a surgical space an XRAY room and all that is needed for a desirable modern animal hospital. The lease is for 5,000 total sq ft. It has been a popular animal hospital for over twenty years. This could be a care free investment opportunity with a desirable cap rate of about 8%.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

7.92%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2

APN/PARCEL ID

5730-005

ASK ABOUT THIS PROPERTY

Melvin KnightColdwell Banker Residential BrokerageMore Info
410-903-7800

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Melvin KnightColdwell Banker Residential BrokerageMore Info
410-903-7800

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