602 S Philadelphia Blvd - Convenience Store FOR SALE


Aberdeen, MD 21001
$2,194,036 USD
301-961-9696
602 S Philadelphia Blvd, Aberdeen, MD for Sale
$2,194,036 USD
Convenience Store - FOR SALE
1/6
null | 5.5% Cap Rate

602 S Philadelphia Blvd
Aberdeen, MD 21001


HIGHLIGHTS

  • 7-Eleven has made a Long Term Commitment to this location with 4 additional 5-year options remaining.
  • Gas & Convenience Store
  • Long Term Upside (15% rent escalations at each remaining 5-year renewal)

OVERVIEW

Absolute Triple Net (NNN) 7-Eleven for Sale. Corporate Guarantee. Located in Aberdeen Maryland, adjacent to APG (Aberdeen Proving Grounds) and Phillips Army Airfield. 7-Eleven has been at this location for over 25 years; Four (4) additional 5-Year Options remain, each with 15% rent increases which is very rare. See attached Offering Memorandum for more information.

FOR SALE DETAILS

PRICE

$2,194,036 USD

PRICE/SF

$746 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

B3

APN/PARCEL ID

02-005522

ASK ABOUT THIS PROPERTY

Sam FarnumAMR Commercial, LLCMore Info
301-961-9696

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Sam FarnumAMR Commercial, LLCMore Info
301-961-9696

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