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7627 Leonardtown Rd

14,478 SF 100% Leased Retail Building Hughesville, MD 20637 £1,544,554 (£107/SF) 7.85% Net Initial Yield

Investment Highlights

  • 275 LF of Road Frontage - Leonardtown Road
  • Multiple Tenants w/ Fenced Yard
  • 100% Leased

Executive Summary

BACK ON THE MARKET: Investment Sale: 16,000 SF +/- Multiple Tenant Retail/Flex Building w/ Fenced Yard Situated on Approximately 3.12 Acres in Hughesville, MD. Zoned CN-Neighborhood Commercial. 100% Leased - Various Lease Terms. Private Well & Septic. 275 LF +/- of Road Frontage along Leonardtown Road (MD Route 5). AADT: 40,801. Copies of Leases Available.

Attachments

Offering Package_7627 Leonardtown Rd

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,478 SF
Building Class
B
Year Built
1976
Price
£1,544,554
Price Per SF
£107
Net Initial Yield
7.85%
NOI
£121,188
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.11
Lot Size
3.12 AC
Zoning
CN - Commercial office
Parking
55 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
269 ft on Leonardtown Rd

Amenities

  • Pylon Sign
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PROPERTY TAXES

Parcel Number 08-025452 Improvements Assessment £0
Land Assessment £0 Total Assessment £1,137,390

PROPERTY TAXES

Parcel Number
08-025452
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,137,390
(443) 977-9613

Contact

  • Listing ID: 33003395

  • Date on Market: 29/08/2024

  • Last Updated:

  • Address: 7627 Leonardtown Rd, Hughesville, MD 20637

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7627 Leonardtown Rd
(443) 977-9613 x

7627 Leonardtown Rd

Anne Hooper

(443) 977-9613

(443) 977-9613

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