
Ocean Gateway & Holly Grove Rd | Berlin, MD 21811
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This Retail Property is no longer advertised on LoopNet.co.uk.
Ocean Gateway & Holly Grove Rd
Berlin, MD 21811
7-Eleven · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- New 15-year lease, corporately guaranteed
- 10% rental escalations every five years and in each of the three 5-year renewal options
- 7-Eleven is an investment grade rated tenant (S&P: AA-)
- New construction (2021) scheduled to open in April 2021
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,700 SF
Building Class
B
Year Built
2021
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
3.31 AC
Zoning
C2
Parking
15 Spaces
Frontage
392 ft on U.S. 50
PROPERTY TAXES
Parcel Number | 10-010535 | Improvements Assessment | £3,451,704 |
Land Assessment | £1,345,305 | Total Assessment | £4,797,010 |
PROPERTY TAXES
Parcel Number
10-010535
Land Assessment
£1,345,305
Improvements Assessment
£3,451,704
Total Assessment
£4,797,010
Listing ID: 22149081
Date on Market: 03/02/2021
Last Updated:
Address: Ocean Gateway & Holly Grove Rd, Berlin, MD 21811
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