2400 Pleasantville Rd, Fallston, MD 21047

2,520 SF | Retail Building | Fallston, MD 21047 | $2,340,000 ($929/SF) | 5% Cap Rate

Asking Price $2,340,000

Property Type
Retail
Square Feet
2,520 SF
Price / Square Foot
$929

Listing Contacts

Michael Walseth

Property Overview

• 15-Year Long-Term Absolute Net Ground Lease: Features 10% rental increases every 5 years and at the beginning of each option period.
• Proven Location: Over 45 years of continuous operation as a gas station.
• Strong Tenant Commitment: 7-Eleven is extending the lease term to 15 years starting in 2024, demonstrating their strong commitment to the location.

Property Details

Class
C
Year Built
1981
Stories
1
Property Subtype
Grocery/Convenience Store, Service
Lot Size (sq. ft)
49,223 SF

Highlights

  • 7-Eleven is the world’s largest and most recognizable convenience retailer.
  • Located just 25 miles northeast of Baltimore, Maryland
  • Easy access to major highways like I-95 and Route 1, facilitating convenient commutes to Baltimore, Washington D.C., and Philadelphia.
  • Fallston, Maryland, a picturesque community in Harford County, offers tranquil suburban charm with high-quality amenities

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