1204 Reisterstown Rd
Pikesville, MD 21208
Sudbrook Shopping Center · Retail Property For Sale

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in Sudbrook Shopping Center, a 6,342 square foot three-tenant strip in Pikesville, Maryland, a northwest suburb of Baltimore (the “Offering”). The Offering presents an investor the opportunity to acquire a well-located strip center anchored by a high credit convenience store operator in a densely populated Baltimore submarket. The Offering is fully occupied and anchored by a busy and wellestablished 7-Eleven that has operated at the site since 2011. While 7-Eleven does not report sales, all indicators show that this store is a strong performer. 7-Eleven is the world’s top convenience store operating close to 8,500 locations in the U.S. and Canada and more than 60,000 stores in 18 countries around the world. The chain boasts a “AA-” credit rating by Standard & Poor’s, which is investment grade. The 7-Eleven lease features rental increases of 10 percent in each of the two, five year option periods, while leases for supporting tenants, This Is Wings and Diamond Cleaners, feature annual increases of three percent. The annual increases allow an investor to increase their rate of return over the life of their investment. The tenant line-up also features staggered lease rollover which makes for a safe and stable investment.