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Bannister Circle 1276 Bannister Cir 8,464 SF Retail Building Waldorf, MD 20602 $1,940,000 ($229.21/SF) 8.54% Cap Rate
Investment Highlights
- Long term tenant in place.
Executive Summary
Investment/10-31 exchange opportunity with a long term and established single tenant.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,464 SF
Building Class
C
Year Built
1982
Price
$1,940,000
Price Per SF
$229.21
Cap Rate
8.54%
NOI
$165,750
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.58 AC
Zoning
PUD
Parking
40 Spaces (4.73 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-075789 | Improvements Assessment | $925,000 |
| Land Assessment | $242,900 | Total Assessment | $1,167,900 |
Property Taxes
Parcel Number
06-075789
Land Assessment
$242,900
Improvements Assessment
$925,000
Total Assessment
$1,167,900
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Bannister Circle | 1276 Bannister Cir
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