11624 Ocean Gtwy | Ocean City, MD 21842
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11624 Ocean Gtwy
Ocean City, MD 21842
7-Eleven · Retail Property For Sale
Investment Highlights
- Absolute Net Lease | Zero Landlord Responsibilities | Just Under 11 Years Remaining
- Corporate Guarantee | Investment Grade (S&P: "A")
- Strategic Location at Corner of Signalized Intersection Along US-50 (31,500+ VPD) | Primary East-West Thoroughfare Connecting Salisbury to Ocean City
- 2021 Upgraded Construction | Equipped with 8-Fuel Dispensers, 16-Fuel Stations and an 1,000 SF State-of-the-Art Car Wash
- Qualifies for 100% Bonus Depreciation | Tax Incentive
- Strategic Positioning at Signaled Entrance to Walmart Supercenter and The Home Depot Anchored Power Center
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
4,288 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.32 AC
Zoning
C2
Parking
26 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 10-010535 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,142,500 |
Property Taxes
Parcel Number
10-010535
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,142,500
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