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5960 Belair Rd 12,800 SF 100% Leased Retail Building Baltimore, MD 21206 $5,550,160 CAD ($433.61 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 started when Macon Brock, Doug Perry, and Ray Compton opened the first only dollar store in Georgia. The company expanded rapidly through the 1990s, acquiring competitors like Dollar Bill and Clearance Centers. In 2015, Dollar Tree merged with Family Dollar, creating a retail giant with thousands of locations across North America. Today, the company operates both Dollar Tree and Family Dollar stores that sell everything from household goods to frozen foods. Dollar Tree emphasizes value and convenience in all its product offerings.
-
- Finance and Insurance
- 2,800 SF
- -
- Triple Net
- Feb 2031
PNC Bank has origins dating back to 1852 with the founding of Pittsburgh Trust and Savings Company. It became PNC Financial Corporation in 1983 through a merger. The company has since grown through various mergers and acquisitions. PNC Bank operates as a diversified financial institution offering services like retail banking, corporate banking, and wealth management. It serves millions of customers and has a significant presence in many U.S. markets.
| 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 | $3,315,053 CAD |
Property Taxes
Presented by
5960 Belair Rd
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