Freestanding For Sale • 2,520 SF
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 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
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 |
Airport | Drive | Walk | Distance |
Baltimore/Washington International Thurgood Marshall | 47 min | - | 33.2 mi |