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5960 Belair Rd 12,800 SF 100% Leased Retail Building Baltimore, MD 21206 $5,630,593 CAD ($439.89 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
-
- Retailer
- 10,000 SF
- -
- Triple Net
- Jan 2031
Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.
-
- 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 | |
|
|
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 | $3,273,544 CAD |
Property Taxes
Presented by
5960 Belair Rd
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