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5960 Belair Rd 12,800 SF 100% Leased Retail Building Baltimore, MD 21206 $5,629,459 CAD ($439.80 CAD/SF) 6.55% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Purpose Built Neighborhood Retail Center
  • Corporately guaranteed NNN leases with 10-year track record of occupancy
  • Shadow-Anchored

EXECUTIVE SUMMARY

We are pleased to exclusively present for sale the offering of the fee simple interest in Belair Crossing, a shadow-anchored, newly
constructed 12,800 SF retail center located in Baltimore City, Maryland. To accommodate a growing retail market, the center was 100% pre-leased to
PNC and Dollar Tree prior to its construction in the Fall of 2015.
Both tenants have recently executed their first Five-Year renewal option after a successful 10-year initial term.
The Property also enjoys the benefits of its co-tenancy with Dunkin and the newly constructed and anticipated LIDL Supermarket.

ATTACHMENTS

BELAIR CROSSING

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,800 SF
Building Class
B
Year Built
2016
Price
$5,629,459 CAD
Price Per SF
$439.80 CAD
Cap Rate
6.55%
NOI
$368,730 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.23 AC
Zoning
C-3
Parking
85 Spaces (6.64 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Banking
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 10,000 SF
  • -
  • Triple Net
  • Jan 2031

Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.

  • Finance and Insurance
  • 2,800 SF
  • -
  • Triple Net
  • Feb 2031

PNC offers a wide range of services for all their customers, from individuals and small businesses, to corporations and government entities. No matter how simple or complicated a person's needs, they are sure to have the products, knowledge and resources necessary for financial success. The PNC Retail Bank supports the financial needs of millions of individuals, families and small businesses, and fosters lifelong banking relationships built on expert advice and financial solutions across deposits, payments, personal lending, credit card, wealth advisory and brokerage. Through their coast-to-coast branch network, which includes approximately many branches, many PNC and partner ATMs, thousands of highly skilled and knowledgeable bankers, and telephonic, online, and mobile banking channels, they empower their clients with the solutions they need to move forward financially.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 10,000 SF - Triple Net Jan 2031
Finance and Insurance 2,800 SF - Triple Net Feb 2031
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Lidl
Planet Fitness
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5695E-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,282,065 CAD
  • Listing ID: 37620388

  • Date on Market: 2025-09-10

  • Last Updated:

  • Address: 5960 Belair Rd, Baltimore, MD 21206

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