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220-228 Reisterstown Rd
Pikesville, MD 21208
Colby Center · Retail Property For Sale
Investment Highlights
- 4 Tenants, 1 Vacancy with YOY history of high occupancy
- NOI of +$99,000. NNN lease structures, with escalations and term!
- Professionally managed and maintained by same owners for decades
- Leased to 4 boutique tenants, with Rita's Frozen Ice franchise
- Ample parking; easy access from either Reisterstown Rd or Colby Rd
- Highly visible to +30K cars per day, with signage on Reisterstown Rd.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,725 SF
Building Class
C
Year Built/Renovated
1967/2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.48 AC
Zoning
BL
Parking
23 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 03-0318011605 | Improvements Assessment | $399,700 |
| Land Assessment | $433,000 | Total Assessment | $832,700 |
Property Taxes
Parcel Number
03-0318011605
Land Assessment
$433,000
Improvements Assessment
$399,700
Total Assessment
$832,700
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