Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
$9,840,000
Pikesville Center
Details
APN 0319035910
Property Type Retail
Sub Type Pharmacy/Drug, Storefront
Square Footage 24,741
Units 2
Cap Rate 7.25%
NOI $713,096
Tenancy Multi
Year Built 1982
Year Renovated 2013
Stories 1
Acreage 1.970
Ground Lease No
Retail | 7.25% CAP | 24,741 SqFt
Investment highlights
- Walgreens Anchored Retail Center | Long Term Leases | Scheduled Rental Increases | 100% Occupancy
- Located at Signalized Hard Corner Intersection | Dense Retail Corridor | Nearby National/Credit Tenants
- Interstate 695/Baltimore Beltway | Excellent Visibility Access
- Strong Demographics In 5-mile Trade Area | Baltimore MSA
Listing Contacts
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$713,096.00
$59,424.67/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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