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
Tyler McGarry
Verified Profile
Adam Scherr
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

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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