108 Old Solomons Island Rd | Annapolis, MD 21401
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- LoopNet Team
108 Old Solomons Island Rd
Annapolis, MD 21401
Arundel Plaza of Annapolis · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Turn key rental income.
- Quality tenant.
- No expense spared on professional architect performed brand new renovations in 2024.
- 100% Securely triple net leased.
- 3.5% yearly rent escalations.
- 100% Passive income, condo association management onsite and tenant maintained HVAC.
EXECUTIVE SUMMARY
Condo U-8 with street level parking. Professionally renovated as a Smoke, tobacco and vape store. 5 year triple net leased tenant with 5 year option to renew. Approved construction is planned across the street in addition to the construction currently occurring one intersection away from Arundel Plaza. Developer, investor, and global international sales are welcome.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Freeway Visibility
- Property Manager on Site
- Signage
- Tenant Controlled HVAC
- Enclosed Mall
- Wheelchair Accessible
- Storage Space
- Recessed Lighting
- Air Conditioning
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