7-Eleven (N. Charles St.) - Baltimore, MD
2,536 SF | 100% Leased | Retail Building | Baltimore, MD 21201 | $1,669,296 ($658/SF) | 5.25% Cap Rate
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,669,296
- Property Type
-
Retail
- Square Feet
- 2,536 SF
- Price / Square Foot
- $658
Listing Contacts
Tyler McGarry
Verified Profile
Adam Scherr
Verified Profile
- Property Info
Property Overview
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,536 SF 7- Eleven Located at 529 North Charles Street in Baltimore, MD. This Deal Has 5-Years Remaining on a Double Net (NN) Lease With the Only Landlord Responsibilities Being Roof and Structure - Making For Incredible Passive Investment Opportunity.
In Cooperation With Sands Investment Group Maryland, LLC - Lic. #5002337 BoR: Tom Gorman - Lic. MD #5002337
In Cooperation With Sands Investment Group Maryland, LLC - Lic. #5002337 BoR: Tom Gorman - Lic. MD #5002337
Property Details
- Year Built
- 2000
- Stories
- 1
- Lot Size (sq. ft)
- 6,534 SF
Highlights
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World, Best-in-Class Credit in a Major MSA
- 5-Years Remaining on a Double Net (NN) Lease With the Only Landlord Responsibilities Being Roof and Structure
- 7-Eleven Recently Entered Into Their Second Renewal Option Period, Demonstrating Their Long-Term Commitment to the Site
- EXTREMELY Dense Metro Area - 3-Mile Population is 285,000
- High Foot Traffic Counts Due to the Proximity to the Washington Monument, Many Hotels
- Strategically Located on the Corner of 2 Main Streets (E Centre St & N Charles St) – 30,887 VPD and Just 0.2-Miles From Interstate 83 – 103, 371 VPD
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