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Baldus Retail Center 6700 Crain Hwy 13,948 SF 100% Leased Retail Building La Plata, MD 20646 $6,700,416 CAD ($480.39 CAD/SF) 6.75% Cap Rate

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EXECUTIVE SUMMARY

Established medical/retail center with 11,000~ leasable sqft and current occupancy at 100%. Three tenants under lease, one of which being a nationally recognized company in DaVita Dialysis. The other 2 tenants are Precision Orthopedics & Sports Medicine and B Doughnut - La Plata. CAM fees pay for Taxes and Insurance and all property maintenance. Access to 80+ parking spaces. Ideally situated off of Route 301 with high visibility and has roughly a 30,000+ ~ total population within a 5 mile radius, with median household income of over $119,000. High visibility and easily commutable.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
13,948 SF
Building Class
B
Year Built
2018
Price
$6,700,416 CAD
Price Per SF
$480.39 CAD
Cap Rate
6.75%
NOI
$452,278 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.69 AC
Zoning
CH - The property is located in the commercial highway zone
Parking
80 Spaces (5.74 Spaces per 1,000 SF Leased)
Frontage
240’ on Crain Highway

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • B Doughnut - La Plata
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -

DaVita is a leading provider of kidney care services headquartered in Denver, Colorado. Founded in 1994, the company operates a nationwide network of outpatient dialysis centers and offers integrated care for patients with chronic kidney disease and end-stage renal disease. The Girard Estates Dialysis center in Philadelphia provides in-center hemodialysis and related clinical support. DaVita serves approximately 240,000 patients globally and is listed on the New York Stock Exchange under the ticker symbol DVA. The organization emphasizes clinical quality and innovation in dialysis treatment and participates in Medicare and Medicaid programs.

  • Precision Orthopedic & Sports Medicine
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
B Doughnut - La Plata Accommodation and Food Services 99,999 SF - -
Health Care and Social Assistance 99,999 SF - -
Precision Orthopedic & Sports Medicine Health Care and Social Assistance 99,999 SF - -

NEARBY MAJOR RETAILERS

Apple Spice
Shore United Bank
WesBanco
Starbucks
Truist
Outback Steakhouse
Coal Road Crossfit
The Greene Turtle Sports Bar& Grille
Bank of America
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-000209
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,012,346 CAD
  • Listing ID: 33777708

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 6700 Crain Hwy, La Plata, MD 20646

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