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7105-7109 Allentown Rd

6,710 SF Retail Building Fort Washington, MD 20744 £3,139,179 (£468/SF) 6% Net Initial Yield

Investment Highlights

  • NNN Lease for over 10 years
  • Great location for your business
  • Prime Location near 2 Giant shopping Center and Corner Lot of High Traffic Intersection

Executive Summary

1. Prime Location as High Traffic Corner Property
2. Recent Full Renovation
3. Secure and successful long-term Tenant
4. Strong Single Tenant with NNN Lease for 20 years

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,710 SF
Building Class
C
Year Built
1969
Price
£3,139,179
Price Per SF
£468
Net Initial Yield
6%
NOI
£188,398
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Land Acres
0.69 AC
Zoning
CSC - predominantly retail commercial shopping facilities;
Parking
46 Spaces (6.86 Spaces per 1,000 SF Leased)
Frontage
134 ft on Allentown Rd

Amenities

  • Pylon Sign

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Ocean Beauty Company is one of the largest retailers of professional beauty supplies in the local area. Ocean Beauty Company offers the best in hair and skin care, make-up and styling tools. Ocean Beauty carries the newest Human Hair products, the largest variety of Wigs, synthetic, natural hair, cosmetics, accessories and more. All Beauty Essentials Under One Roof Brand-Name Products Available Convenient Locations Knowledgeable and Polite Staff on Hand Reasonable Prices

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-1304732
Land Assessment
£235,183
Improvements Assessment
£711,673
Total Assessment
£946,856
  • Listing ID: 27910376

  • Date on Market: 07/03/2023

  • Last Updated:

  • Address: 7105-7109 Allentown Rd, Fort Washington, MD 20744

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