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2701 North Point Rd 12,839 SF 100% Leased Retail Building Baltimore, MD 21222 $1,500,000 ($116.83/SF) 9.36% Cap Rate
Investment Highlights
- Fully Leased Center with Value-Add Potential
- Recently Renovated Parking Lot, Paint, and Pylon Signage
- All NNN Leases – Minimal Landlord Responsibilities
- Easy Access to I-695 and I-95
Executive Summary
The property is 100% occupied, ensuring immediate income for an investor.
Ideal Investment Opportunity with stable cash flow with existing tenants in place.
All NNN leases: Tenants are responsible for taxes, insurance, and maintenance.
Landlord has limited operational duties, ideal for passive income investors.
Situated on a well-trafficked road with 35 feet of frontage on North Point Blvd.
On-site parking with ample space enhancing tenant appeal and customer convenience.
Recent renovations include a newly paved parking lot, exterior paint, and updated pylon signage.
Ideal Investment Opportunity with stable cash flow with existing tenants in place.
All NNN leases: Tenants are responsible for taxes, insurance, and maintenance.
Landlord has limited operational duties, ideal for passive income investors.
Situated on a well-trafficked road with 35 feet of frontage on North Point Blvd.
On-site parking with ample space enhancing tenant appeal and customer convenience.
Recent renovations include a newly paved parking lot, exterior paint, and updated pylon signage.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,839 SF
Building Class
C
Year Built
1926
Price
$1,500,000
Price Per SF
$116.83
Cap Rate
9.36%
NOI
$140,404
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.63 AC
Zoning
BL
Parking
25 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
131’ on North Point Road
Amenities
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $706,000 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$706,000
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2701 North Point Rd
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