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20807670
20807671

3137 Joseph Biggs Memorial Hwy, North East, MD 21901

Rinnier Development Company
Listed by Rinnier Development Company
$13,515,000
565 days on market
Updated 64 days ago

Two Maryland Retail Centers - Northeast and Chesapeake, MD

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 53,000
Cap Rate 6.5%
NOI $878,475
Lease Type Net
Price per SqFt $255

Two Maryland Retail Centers 53,000 SF - Northeast & Chesapeake, MD

Marketing description

1) College Crossing is located just off of I-95 and across from Cecil College. This is a great retail location with strong traffic patterns and a diverse tenant mix. Full details are available with a completed confidentiality agreement.

2) South Village is a 100% leased Retail Center and is located just south of the C&D Canal with strong traffic patterns and great access and visibility to Augustine Herman Highway. The center is oriented in 4 separate buildings including a drive through configuration on the northmost building. There is a diverse mix of tenants that operate within this center

Listing Contacts

Rinnier Development Company
Listed by Rinnier Development Company

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$878,475.00
$73,206.25/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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