This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Sequoia Center 505-507 Reisterstown Rd

11,049 SF 100% Leased Retail Building Pikesville, MD 21208 For Sale

Investment Highlights

  • 100% Occupied to 6 Tenants, with YOY history of high occupancy
  • NOI of +$167,000!
  • Professionally managed and maintained by same owners for decades
  • Straightforward NNN lease structures, with escalations and term
  • Ample parking; easy access from either Reisterstown Rd or Slade Ave
  • Highly visible with signage on Reisterstown Rd, Pikesville's major artery

Executive Summary

Trout Daniel & Associates has been retained as exclusive representative of the owner for the sale of Sequoia Center, a 11,048 SF retail center on 0.82 AC located in Pikesville, Baltimore County.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,049 SF
Building Class
C
Year Built
1961
NOI
£131,950
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.05
Land Acres
4.62 AC
Zoning
BL - Business Local
Parking
40 Spaces (3.62 Spaces per 1,000 SF Leased)
Frontage
93 ft on Reisterstown Rd

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Mimi's Cafe
Starbucks
Bank of America
Truist
TD Ameritrade
First Watch
Giant Food
PNC Bank
Planet Fitness
Capital One

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-0307053046
Land Assessment
£304,979
Improvements Assessment
£184,729
Total Assessment
£489,707
  • Listing ID: 33192978

  • Date on Market: 16/09/2024

  • Last Updated:

  • Address: 505-507 Reisterstown Rd, Pikesville, MD 21208

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}