Listed by Cogent Properties
$450,000
1805 E Joppa
Details
Property Type Office
Sub Type Traditional Office
Square Footage 1,440
Cap Rate 6.13%
NOI $27,600
Lease Type NNN
Price per SqFt $313
Office | 6.13% CAP | 1,440 SqFt
Marketing description
Don't miss the opportunity to own this commercial property on busy Joppa Road. NNN offering. Tenant in place who pays all related expenses for this renovated property. The property boasts a new concrete pad with a new outdoor shed for additional storage. The second floor has additional space for offices or storage. There is also a basement that can be used for storage via a separate entrance. Plenty of parking.
Investment highlights
NNN offering. Tenant in place who pays all related expenses for the property.
Listing Contacts
Listed by Cogent Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,600.00
$2,300.00/mo
Valuation Metrics
0
DSCR
6.13%
Cap Rate
6.13%
ROI
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