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3533 Dolfield Ave
1,350 SF of Retail Space Available in Baltimore, MD 21215
Highlights
- Only space available as the rest of the shopping center is leased out
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,350 SF | 2-5 Years | £14.31 /SF/PA £1.19 /SF/MO £19,320 /PA £1,610 /MO | Modified Gross |
1st Floor
Investor/Owner lease opportunity. One unit available immediately for leasing as retail space, +/- 1350 sf each, at Dolfield Plaza shopping center, a building of total eleven units. Zoned C-2. Location at a busy traffic and walkable intersection of Dolfield Ave and W Cold Spring Ln. Across from the Post Office at Dolfield Ave. Close to Loyola College. Ten units are rented by long term tenants doing various retail business as Beauty supplies, Barber shop, Carry out restaurant, Pharmacy, Day care and a Medical clinic. Tenant to verify usage permit with the City. Minimum lease term is 2 years. This entire 11 unit shopping center is also available for sale listing MDBA 20661.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3533 Dolfield Ave , Baltimore, MD 21215
| Property Type | Retail | Gross Internal Area | 1,350 SF |
| Property Subtype | Storefront | Year Built | 1950 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 1,350 SF |
| Year Built | 1950 |
About the Property
Managed by the same owner for 31 years, Dolfield Plaza presents significant potential for rent increases on select units under new ownership. The building is low maintenance, with eight units occupied by long-term tenants engaged in diverse retail businesses, including a beauty supply store, barber shop, carry-out restaurant, pharmacy, and medical clinic. The remaining three units have been recently leased.
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3533 Dolfield Ave
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