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Off Market
1/6

602 S Philadelphia Blvd
Aberdeen, MD 21001


HIGHLIGHTS


OVERVIEW

address----602 s philadelphia blvd Aberdeen , MD 21001 Property Type---retail Lease type----absolute NNN Tenancy----Single Lease commencement----5/1/99 Remaining term----5 years Price/Sq Ft-----$633/sq ft Price----$2,098,704 NOI---$104,935.20 Lot size-----1.04ac Lease Options----(5) 5 year options w 15% increases Investment type----net lease Tenant credit----credit rated Lease term----this was a 20 year lease...tenant just executed its first 5 year renewal option(begins 5/1/19) Lease expiration---4/30/2024 Square Footage---2,940 Cap Rate----5% Year built----1999 Rent bumps----15% increases every 5 years in primary period as well as all option periods Ownership----Fee simple

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

2940

STORIES

1

YEAR BUILT

1999

SPRINKLERS

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PARKING SPACES

20

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

02-005522