6901 Security Blvd - Auto Repair FOR SALE


Windsor Mill, MD 21244
$2,900,000 USD
443-632-2044
6901 Security Blvd, Windsor Mill, MD for Sale
$2,900,000 USD
Auto Repair - FOR SALE
1/5
null | 6.75% Cap Rate

6901 Security Blvd
Windsor Mill, MD 21244


HIGHLIGHTS

  • LONG-TERM TENANT AT LOCATION WITH AN ABSOLUTE TRIPLE NET (NNN) LEASE, RECENTLY EXTENDED FOR AN ADDITIONAL 5 YEARS
  • CORPORATELY GUARANTEED LEASE WITH LARGE CREDIT OPERATOR IN THE CAR REPAIR MARKET
  • LOCATED AT THE INTERSECTION OF TWO OF BALTIMORE MSA’S MAJOR INTERSTATES, I-695 AND I-70
  • LARGE PARCEL WITH HIGH RESIDUAL VALUE IN A LAND CONSTRAINED SUBMARKET OF BALTIMORE COUNTY
  • ATTRACTIVE DEMOGRAPHICS; LOCATED WITHIN AN EXTREMELY DENSE INFILL LOCATION NEAR MAJOR INSTITUTIONAL DEMAND DRIVERS

OVERVIEW

KLNB Retail Capital Markets is pleased to offer for sale a single-tenant Crash Champions that is located at 6901 Security Boulevard #2000 located in Windsor Mill, Maryland.? This 13,662 SF collision repair facility sits on a 2.03-acre parcel and is leased on an absolute NNN basis.? The tenant has one, five-year option and there are 2.25% rental increases every year in the base term and option period.? The tenant has operated here for more than nine years and recently extended its lease.? Backed by a corporate guarantee from Crash Champions, one of the nation’s largest collision repair operators with 650+ locations across 38 states.? Located within the Security Square area, the site enjoys visibility from I-695 and I-70, with traffic counts of 194,301 vehicles per day (VPD) on I-695 and 102,411 vehicles per day (VPD) on I-70.?

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

BM-CT

APN/PARCEL ID

01-1600010179

ASK ABOUT THIS PROPERTY

443-632-2044

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443-632-2044

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