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1008 W Central Ave
Davidsonville, MD 21035
Retail Property For Sale
Investment Highlights
- STRONG CORPORATE GUARANTEE - SiteOne Landscape Supply (NYSE: SITE) corporately guarantees the lease and is using 42% of the property.
- FAVORABLE RENT INCREASES - Lease offers 2-3% Annual Increases based on the CPI, offering a strong hedge against inflation.
- NNN LEASE - Tenant pays for CAM, taxes (42%) and insurance, minimal landlord responsibilities.
- LOW BUILDING COVERAGE (FAR) - With 13.81 AC of land, this property boasts a building coverage ratio of only 1.30%.
- VALUE ADD OPPORTUNITY - SiteOne Landscape Supply currently leases 5.85 AC (42%) of subject property, 7.96 AC (58%) of the space is vacant.
- AFFLUENT AREA / STRONG DEMOGRAPHICS - Davidsonville boasts a median household income exceeding $155,000 and a median home value surpassing $850,000.
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,832 SF
Building Class
C
Year Built
1810
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
13.81 AC
Zoning
RA - Residential Agricultural
Property Taxes
| Parcel Number | 01-000-08688370 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $655,000 |
Property Taxes
Parcel Number
01-000-08688370
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$655,000
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