7010 Westmoreland Ave
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7010 Westmoreland Ave
2,800 SF Retail Building Takoma Park, MD 20912 £813,748 (£291/SF) 7.50% Net Initial Yield
Executive Summary
Sale-Leaseback (10 years, NNN lease). Located in the Takoma Park Historic District. Building in excellent condition. Solar panels on roof. Successful business established in 1972. Seven minute walk to the Takoma Metro Station. Tours by appointment only, do not disturb tenant.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale & Leaseback
Property Type
Building Size
2,800 SF
Building Class
B
Year Built/Renovated
1922/2010
Price
£813,748
Price Per SF
£291
Net Initial Yield
7.50%
NOI
£61,031
Tenancy
Single
Number of Floors
3
Building FAR
0.52
Land Acres
0.12 AC
Zoning
NR - Neighborhood Retail
Parking
5 Spaces
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- House Of Musical Traditions
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| House Of Musical Traditions | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 13-01057901 | Improvements Assessment | £191,231 |
| Land Assessment | £222,920 | Total Assessment | £414,151 |
PROPERTY TAXES
Parcel Number
13-01057901
Land Assessment
£222,920
Improvements Assessment
£191,231
Total Assessment
£414,151
-
Sam Farnum -
William Montrose -
AMR Commercial, LLC
1 of 23
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7010 Westmoreland Ave
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