7810 Clark Station Rd - Freestanding FOR SALE


Severn, MD 21144
$2,107,771 USD
332-345-4206
7810 Clark Station Rd, Severn, MD for Sale
$2,107,771 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

7810 Clark Station Rd
Severn, MD 21144


HIGHLIGHTS

  • Limited Responsibility Double-Net Lease
  • Corporate Guarantee
  • Recession Resistant Due to Non-Discretionary Nature of Services
  • Strong Demographics

OVERVIEW

Surmount is pleased to present the Broker Opinion of Value for an Advance Auto Parts located at 7810 Clark Station Road, Severn, MD 21144. The site consists of roughly 6,806 rentable square feet of building space on an estimated 1.18-acre parcel of land. This Advance Auto Parts is subject to a 15-year Double Net (NN) lease. The current annual rent is $147,544 and has scheduled increases of 5.00% in option.

FOR SALE DETAILS

PRICE

$2,107,771 USD

PRICE/SF

$310 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

04-000-02656100

ASK ABOUT THIS PROPERTY

Russell WachtlerSurmountMore Info
332-345-4206

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Russell WachtlerSurmountMore Info
332-345-4206

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