Listed by AMR Commercial LLC
$985,000
Takoma Park Commercial Property for Sale
Details
APN 01057901
Property Type Retail
Sub Type Storefront
Square Footage 2,800
Net Rentable (SqFt) 2,800
Cap Rate 7.92%
NOI $78,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 10
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1922
Year Renovated 2010
Buildings 1
Stories 3
Lot Size (SqFt) 5,364
Zoning NR
Parking Spaces 4 spaces
Parking Per SqFt 1.43
Investment Type Sale/Leaseback
Tenant Credit No Credit Rating
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
Rare Takoma Park Retail for Sale. New 10-year NNN Lease.
Marketing description
Sale-Leaseback (10 years, NNN lease). Located in the Takoma Park Historic District. Building in excellent condition. Solar panels on roof. Successful business established in 1972. Seven minute walk to the Takoma Metro Station. Tours by appointment only, do not disturb tenant.
Investment highlights
- 2,800 SF 2-story building
- 5,364 SF lot zoned N-R
- Located in downtown Takoma Park across from a wide variety of retail and entertainment
- 4+ surface parking spaces onsite and abundant public parking nearby
Listing Contacts
Listed by AMR Commercial LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,000.00
$6,500.00/mo
Valuation Metrics
0
DSCR
7.92%
Cap Rate
7.92%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
