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Bannister Circle 1276 Bannister Cir

8,280 SF Retail Building Waldorf, MD 20602 £1,354,109 (£164/SF) 9.37% Net Initial Yield

Executive Summary

Awesome investment opportunity. Tenant has been in place for 5+ years and currently has 8+ years remaining on the lease. Easy and low maintenance with long term cash flow.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
8,280 SF
Building Class
C
Year Built
1982
Price
£1,354,109
Price Per SF
£164
Net Initial Yield
9.37%
NOI
£126,815
Tenancy
Single
Number of Floors
2
Building FAR
0.33
Land Acres
0.58 AC
Zoning
PUD - Planned urban development. All uses must be approved by the St. Charles Planning design and review board.
Parking
90 Spaces (10 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-075789
Land Assessment
£190,674
Improvements Assessment
£732,318
Total Assessment
£922,992
  • Listing ID: 31842015

  • Date on Market: 17/05/2024

  • Last Updated:

  • Address: 1276 Bannister Cir, Waldorf, MD 20602

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