8553 Fort Smallwood Rd - Freestanding FOR SALE


Pasadena, MD 21122- Riviera Beach
$1,795,000 USD
202-286-1542
8553 Fort Smallwood Rd, Pasadena, MD for Sale
$1,795,000 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

8553 Fort Smallwood Rd
Pasadena, MD 21122
Riviera Beach


HIGHLIGHTS

  • 12+ Years Remaining | Annual Rental Increases | Drive-Thru Equipped | Growing Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Experienced Franchisee Operator
  • Hard Corner Intersection | Strong National/Credit Tenant Presence | Excellent Visibility & Access | Nearby Schools
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• Brand new build-to-suit in 2023. Tenant has signed a long-term lease with 12+ years remaining with 1 (5-year) option to extend • The lease features 3% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation • Human Bean currently supports over 260 locations open or under development in 25 states

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$970 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Human Bean

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C3

APN/PARCEL ID

03-000-25264325

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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