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2907-2911 Odonnell St 3,450 SF of Retail Space Available in Baltimore, MD 21224
Highlights
- Canton Square Visibility & Signage
- Use Of LBD7 Liquor License Tied To Property
- Heavy Foot Traffic Surrounded By Retailers
- Second Generation Restaurant Improvements
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,450 SF | 5 Years | $47.56 CAD/SF/YR $3.96 CAD/SF/MO $164,099 CAD/YR $13,675 CAD/MO | Triple Net (NNN) |
1st Floor
Rarely available second generation bar/restaurant space directly on Canton Square with the use of an in-place LBD7 Baltimore City liquor license. Existing dual concept build (full service restaurant/bar & carry out on the other side with shared commercial kitchen). Use of all existing equipment conveys as part of the lease. The building sits in the heart of the vibrant Canton Square on O'Donnell Square Park known as a premier entertainment district within Baltimore City. The Canton neighborhood offers a residentially dense area with some of the top income demographics within the city. The site is in walking distance to the Canton Crossing development attracting national retailers (Harris Teeter, Target, Old Nay, etc) and is surrounded by over 2000 newly constructed residential apartments with more under construction.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Second Generation Restaurant Improvements
- Includes Use Of A Desired LBD7 Liquor License
- Kitchen, Ventilation & Refrigeration In Place
- Directly On Canton Square
- Full Service Restaurant & Carry Out Build
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,450 SF | Gross Leasable Area | 4,650 SF |
| Property Type | Retail | Year Built | 1880 |
| Property Subtype | Restaurant | Parking Ratio | 1.19/1,000 SF |
| Total Space Available | 3,450 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,650 SF |
| Year Built | 1880 |
| Parking Ratio | 1.19/1,000 SF |
Nearby Major Retailers
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2907-2911 Odonnell St
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