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Royal Farms 133 Glendale Road 4 648 pi² Commerce de détail Immeuble Oakland, MD 21550 4 918 550 $ CAD (1 058,21 $ CAD/pi²) 5% Taux de capitalisation
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Faits saillants de l'investissement
- New 20-Year Ground Lease with Rental Escalations
- Corporate Royal Farms Lease
- Strategic Retail Location
- Built-to-Suit Construction
- Zero Landlord Responsibilities
Résumé de l'annonce
Royal Farms signed a 20- year Absolute NNN Ground Lease with six (6), 5-year renewal options. The lease calls for an attractive 10% rent increase every five years throughout the primary lease term and renewal options. The new construction gas station and convenience store is under construction and rent commenced on March 1, 2026. The new construction Royal Farms is strategically positioned at the signalized intersection of Glendale Road and Garrett Highway (US Route 219), the area's primary north-south corridor, which connects Oakland with Interstate 68 and US Route 40 to the north and US Route 50 to the south, providing direct connectivity throughout Maryland, Pennsylvania, and West Virginia. The site is also situated near MD Routes 135 and 39, creating excellent accessibility for local residents, commuters, commercial traffic, and visitors traveling
throughout the region. The Property is particularly well-suited for a gas station and convenience store given its location along a heavily traveled regional corridor. US Route 219 is the principal route connecting Interstate 68 with Oakland, Deep Creek Lake, Wisp Resort, and numerous outdoor recreation destinations. The combination of strong roadway visibility, convenient access, year-round tourism demand, and Oakland's role as the county's primary commercial center positions Royal Farms to benefit from a diverse customer base seeking fuel, foodservice, and convenience retail offerings throughout the day.
throughout the region. The Property is particularly well-suited for a gas station and convenience store given its location along a heavily traveled regional corridor. US Route 219 is the principal route connecting Interstate 68 with Oakland, Deep Creek Lake, Wisp Resort, and numerous outdoor recreation destinations. The combination of strong roadway visibility, convenient access, year-round tourism demand, and Oakland's role as the county's primary commercial center positions Royal Farms to benefit from a diverse customer base seeking fuel, foodservice, and convenience retail offerings throughout the day.
Faits sur la propriété
Type de vente
Investissement
Condition de vente
Construction sur mesure
Type de propriété
Taille du bâtiment
4 648 pi²
Année de construction
2026
État de la construction
En construction
Prix
4 918 550 $ CAD
Prix par pi²
1 058,21 $ CAD
Taux de capitalisation
5%
Revenu net d’exploitation
245 928 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,05
Taille du lot
2,21 AC
Inaccessible à pied
10/100
Exceptionnellement adapté aux voitures
100/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 18-069083 | Évaluation des bâtiments | 1 363 732 $ CAD |
| Évaluation du terrain | 816 371 $ CAD | Évaluation totale | 2 180 103 $ CAD |
Impôts fonciers
Numéro de lot
18-069083
Évaluation du terrain
816 371 $ CAD
Évaluation des bâtiments
1 363 732 $ CAD
Évaluation totale
2 180 103 $ CAD
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Royal Farms | 133 Glendale Road
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