Historical Retail Sale Listing - Sports & Fitness

Retail For Sale

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Sports & Fitness

8514 Veterans Highway, Millersville, MD 21108

N/A

44,472 SF | Retail

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Indoor Swimming Pool with Jacuzzi

Retail Property - Off Market

Price:
N/A
Building Size:
44,472 SF
Property Type:
Retail
Property Sub-type:
Retail (Other)
Additional Sub-types:
Free Standing Bldg
Specialty Center
Special Purpose (Other)
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
7.50%
No. Stories:
2
Tenancy:
Single
Year Built:
1981
Lot Size:
2.90 AC
APN / Parcel ID:
0112
Listing ID
17898066
Last Updated
over 1 year ago

Highlights

  • 7.5 % CAP
  • 1900 Members & 44,472 SF of Sports and Training Facilities
  • Efficient Management in Place - Purchaser does not have to do anything!!!
  • Terms Negotiable
  • Room for Future Growth
  • Great Indoor Pool & separate Jacuzzi

Description

Business For Sale - Business for sale includes the property as well. The actual lot size is 2.93 acres-Great opportunity to purchase the property and its well managed Sports & Fitness Club, with 1900 Members & 44,472 sf of sports facilities. At the purchaser's option, the staff can run and manage the operations and deliver 7.5% cap - terms are negotiable. Excellent visibility directly on Highway 97 - Contact the listing agent for additional info and a private showing.

Anne Arundel County is ranked 1st in Maryland for defense contracts. Defense contracts have nearly tripled with 260% increase. The County is preparing to become a destination point for thousands of employees. Anne Arundel County contains Baltimore/ Wash Int'l Airport (BWI), which serves 17 million passengers each year. Rail service in the County is outstanding with both Amtrak & Conrail service. In addition, the County an outstanding highway system and bus service with Interstate Highways (I-97 and I-195) and major freeways (Rte. 100 & MD. 32)
The Washington-Baltimore contains 7.3 million persons and is fourth largest metropolitan area in the US. The County has estimated current population of about 512,790 persons (2008) and its anticipating a growth of 552,700 persons by 2020.

Map of 8514 Veterans Highway, Millersville, MD 21108 (Anne Arundel County)

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Created 10/31/2012