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Chase Bank - Lake Linganore 10142 Old National Pike 3,500 SF Retail Building Ijamsville, MD 21754 $3,541,667 ($1,011.90/SF) 4.80% Cap Rate
Investment Highlights
- New 15-Year Lease with 10% Increase Every 5 Years
- Located in Master-Planned Setting among Thousands of New Homes
- 1.04- Acre Corner Parcel in New Weis-Anchored Shopping Center
Executive Summary
• New 15-Year Lease with 10% Increase Every 5 Years
• 1.04- Acre Corner Parcel in New Weis-Anchored Shopping Center
• Located in Master-Planned Setting among Thousands of New Homes
• US’s Largest Bank Rated “AA-” by S&P
• 1.04- Acre Corner Parcel in New Weis-Anchored Shopping Center
• Located in Master-Planned Setting among Thousands of New Homes
• US’s Largest Bank Rated “AA-” by S&P
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
3,500 SF
Year Built
2025
Price
$3,541,667
Price Per SF
$1,011.90
Cap Rate
4.80%
NOI
$170,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.04 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- JPMorgan Chase
- Finance and Insurance
- 3,500 SF
- -
- Triple Net
- Oct 2040
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| JPMorgan Chase | Finance and Insurance | 3,500 SF | - | Triple Net | Oct 2040 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-519202 | Improvements Assessment | $0 |
| Land Assessment | $10,600 | Total Assessment | $10,600 |
Property Taxes
Parcel Number
27-519202
Land Assessment
$10,600
Improvements Assessment
$0
Total Assessment
$10,600
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Chase Bank - Lake Linganore | 10142 Old National Pike
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