6390 10 Oaks Rd - Bank FOR SALE
Clarksville, MD 21029 |
6390 10 Oaks Rd
Clarksville, MD 21029
HIGHLIGHTS
- Three-years of base term remain on an absolute net ground lease with four, five-year option periods thereafter
- The lease is corporately guaranteed by investment grade credit tenant Bank of America, Standard & Poor’s rated A+ with a stable outlook
- Consistent rising deposits: $236M+ (2022), $212M+ (2021), $178M+ (2020), $156M+ (2019)
- Howard County is the seventh wealthiest county in the U.S. – median household income in excess of $129,000
- Ideally positioned at the signalized intersection of Ten Oaks Road and MD Route 108 (16K VPD); just off of MD Route 32 (55K VPD)
- 26-miles north of Washington, DC; 23-miles south of Baltimore, MD
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
Bank of America
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
4387
STORIES
1
YEAR BUILT
2006
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
05-368529
