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Browse More Listings in Shopping Center For Sale, Centreville, MD or Maryland

Shopping Center - Off Market

Centreville Plaza

611 Railroad Ave, Centreville, MD 21617

Price:
N/A
Gross Leasable Area:
63,039 SF
Property Type:
Shopping Center
Property Sub-type:
Neighborhood Center
Additional Sub-types:
Community Center
Property Use Type:
Investment
Cap Rate:
7.46%
Tenancy:
Multiple
Year Built:
2004
Lot Size:
10.95 SF

Last Verified 7/5/2007 Listing ID 15037360

Highlights

ACME Ground Leased Fee

Two Undeveloped Pad Sites

Description

Kimco Exchange Place, as exclusive agent, has for sale this 63,039 square foot shopping center which is situated on 10.95 acres and was built in 2003. Albertson' s, Inc. d/b/a ACME built and paid for its building and leases the land under a 20 year unsubordinated ground lease including a 1,989 sf gas pad. The 22,000 sf of attached shop space was constructed in 2004. Included in the sale are 2 undeveloped pad sites which are approved for a 2,500 sf building and a 6,820 sf building. Centreville is located approximately 40 miles south east of Baltimore and 50 miles north east of Washington, D.C.

Centreville is the county seat of Queen Anne' s County which is located on the Eastern Shore of Maryland. It has a population of 40,563 and is part of the Baltimore-Washington Metropolitan Area. It is connected to Washington DC and Baltimore by the Chesapeake Bay Bridge. The property is adjacent to the County High School.

Map of 611 Railroad Ave, Centreville, MD 21617 (Queen Annes County)

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Created 3/9/2007

Additional Information for 611 Railroad Avenue, Centreville, MD 21617

Active For Sale - 0 Listing
Active For Lease - 1 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 611 Railroad Ave, Centreville, MD 21617

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Neighborhood Center
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Shopping Center Property For Sale - Centreville Plaza

611 Railroad Ave, Centreville, MD, 21617