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5960 Belair Rd 12,800 SF 100% Leased Retail Building Baltimore, MD 21206 $5,617,066 CAD ($438.83 CAD/SF) 6.55% Cap Rate
Investment Highlights
- Purpose Built Neighborhood Retail Center
- Corporately guaranteed NNN leases with 10-year track record of occupancy
- Shadow-Anchored
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
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
- Dollar Tree
- Retailer
- 10,000 SF
- -
- Triple Net
- Jan 2031
-
- Finance and Insurance
- 2,800 SF
- -
- Triple Net
- Feb 2031
PNC Financial Services Group traces its roots to the Pittsburgh Trust and Savings Company, which began in Pennsylvania in 1852, and later grew through a merger of Pittsburgh National Corporation and Provident National Corporation in 1983. The company provides retail and business banking, lending, corporate banking, real estate finance, asset-based lending, wealth management, and asset management. PNC serves individuals, small businesses, corporations, and government entities through a broad mix of financial services and continues to operate as a diversified banking and wealth platform in the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar Tree | Retailer | 10,000 SF | - | Triple Net | Jan 2031 | |
|
|
Finance and Insurance | 2,800 SF | - | Triple Net | Feb 2031 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5695E-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,336,140 CAD |
Property Taxes
Presented by
5960 Belair Rd
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