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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.

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

Olive Garden Italian Rstrnt
Bob Evans Restaurants
Capital One
Fulton Bank
WW
Silver Diner
ALDI
Pure Fitness
Chase Bank
On The Border Mexican Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-200190
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,662,686
  • Listing ID: 33785558

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 8325 Benson Dr, Columbia, MD 21045

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