Bob Evans | 8325 Benson Dr
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Bob Evans 8325 Benson Dr
6,672 SF Retail Building Columbia, MD 21045 £1,780,865 (£267/SF) 5.25% Net Initial Yield
Investment Highlights
- Ultra Rare Dual Guaranty Bob Evans Lease with Parent Company Post Holdings
- Large Oversize Lot & Superior Demographics
- Under Market Pad Rent in Washington DC & Baltimore Market
- Long-Term Lease with 1.5% Annual Rent Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Bob
Evans located at 8325 Benson Dr, Columbia, MD 21045. The site
consists of roughly 6,672 rentable square feet of building space
on an estimated 1.75-acre parcel of land. This Bob Evans is
subject to a 20-year Triple Net (NNN) lease, which commenced
6/30/2016. The current annual rent is $118,499 and has
scheduled increases of 1.50% annually.
Evans located at 8325 Benson Dr, Columbia, MD 21045. The site
consists of roughly 6,672 rentable square feet of building space
on an estimated 1.75-acre parcel of land. This Bob Evans is
subject to a 20-year Triple Net (NNN) lease, which commenced
6/30/2016. The current annual rent is $118,499 and has
scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,672 SF
Building Class
B
Year Built
1993
Price
£1,780,865
Price Per SF
£267
Net Initial Yield
5.25%
NOI
£93,496
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
1.75 AC
Zoning
NT - Mixed retail
Parking
78 Spaces
Frontage
67 ft on Benson Dr
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 16-200190 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £1,662,686 |
PROPERTY TAXES
Parcel Number
16-200190
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,662,686
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Bob Evans | 8325 Benson Dr
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