Convenience Store For Sale • 3,000 SF
An absolute NNN lease single-tenant 7-Eleven in affluent Baltimore MSA suburb |
Brand-new 15-year lease extension fully backed by 7-Eleven, Inc. |
10% rental increases every 5 years during the primary term and option periods |
22+ year operating history at this site |
Large 2.19 acre parcel with gas and convenience store – new 7-Eleven gas stations pay 3x the current rent |
Close proximity to the I-95 corridor, providing convenient access to Baltimore, Washington D .C., and Philadelphia |
Cap Rate: | 5.00 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Edgewood (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) | 9 min | - | 5.0 mi |
Aberdeen (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) | 9 min | - | 6.3 mi |
Airport | Drive | Walk | Distance |
Baltimore/Washington International Thurgood Marshall | 51 min | - | 35.3 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |