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Investment Highlights
- 24,625 SF ± retail/warehouse building on .46 acres ±
- Highly visible location fronting Route 40/W. North Avenue (180 ft. ±)
- 100% leased to Genuine Parts Company (a subsidiary of NAPA Auto Parts and a long-term AAA Credit Tenant
- Convenient to Downtown Baltimore and the Port of Baltimore
Executive Summary
1010 W. North Avenue is a 24,625 SF ± retail/warehouse investment property situated on 0.46 acres ± in Baltimore, Maryland. The property is 100% leased to Genuine Parts Company, a subsidiary of NAPA Auto Parts, under a triple net lease currently extending through June 2029. Positioned along highly visible Route 40/W. North Avenue with convenient access to I-83, the asset offers strong connectivity to Downtown Baltimore and the Port of Baltimore. Additional features include two at-grade drive-ins and location within a Federal Opportunity Zone.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
24,625 SF
Building Class
B
Year Built
1965
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
1.23
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2 zoning primarily designates areas for general commercial uses, supporting a variety of business activities like retail, offices, and services.
Parking
14 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
193’ on W North Ave
Amenities
- Corner Lot
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
NAPA Auto Parts began in 1925 when independent auto parts sellers formed a cooperative to improve distribution. The company became a division of Genuine Parts Company in 2012. NAPA offers automotive replacement parts, accessories, and service items across North America. Their product lines include batteries, brakes, filters, engine components, and tools. While many stores operate independently, NAPA maintains a large distribution network. The brand continues expanding its market presence through strategic acquisitions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 99,999 SF | - | Lorem Ipsum | - |
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3424-101 | Improvements Assessment | $684,989 CAD |
| Land Assessment | $123,828 CAD | Total Assessment | $808,817 CAD |
Property Taxes
Parcel Number
3424-101
Land Assessment
$123,828 CAD
Improvements Assessment
$684,989 CAD
Total Assessment
$808,817 CAD
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1010 W North Ave
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