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3111 Emmorton Rd
Abingdon, MD 21009

$2,750,000 USD

Freestanding For Sale  •  2,520 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,520 SF
  • Lot Size 1.05 AC
  • Building Class B
  • Year Built 1977
  • Cap Rate 9.56 %
  • Tenancy Single
  • Zoning B3, County
21 Transit Score
72 Walk Score

Highlights

LONG LEASE TERM – With over 9 years remaining on the base term of the lease, coupled with two additional five-year options
This opportunity presents annual rental escalations based on the higher of 2.5% or 75% of the Consumer Price Index (CPI)
ABSOLUTE NNN LEASE – Zero Landlord Responsibilities.
LIMITED COMPETITION – There are only two competing dispensary locations within a 10-mile radius, with the nearest competitor over 5 miles away.
CLOSE PROXIMITY TO I-95 – The subject property is located approximately 1.2 miles from I-95.
LONG LEASE TERM – With over 9 years remaining on the base term of the lease, coupled with two additional five-year options
Cap Rate: 9.56 %

Amenities

  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Edgewood (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) 10 min - 5.0 mi
Aberdeen (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) 16 min - 9.6 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 47 min - 33.2 mi
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services
Alexander Machado 305-905-3215 Matthews Real Estate Investment Services