1800 Singerly Rd - Specialty FOR SALE


Elkton, MD 21921
$1,588,200 USD
332-345-4222
1800 Singerly Rd, Elkton, MD for Sale
$1,588,200 USD
Specialty - FOR SALE
1/2
null | 8.5% Cap Rate

1800 Singerly Rd
Elkton, MD 21921


HIGHLIGHTS

  • Long-Term Triple-Net (NNN) Sale-Leaseback
  • Strong Annual Rental Increases
  • High & Increasing Demand For Eldercare Facilities
  • Luxury Residential Assisted Living Community
  • Personalized Care
  • Changing U.S. Demographics

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Well Homed Assisted Living Facility located at 1800 Singerly Rd, Elkton, MD 21921. The site consists of roughly 3,533 rentable square feet of building space on an estimated 1.62-acre parcel of land. This Well Homed Assisted Living Facility will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $135,000 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$1,588,200 USD

PRICE/SF

$450 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Well Homed Assisted Living Facility

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

-

APN/PARCEL ID

03-115445

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.