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28575 Marlboro Ave
Easton, MD 21601
Waterside Village - Building K · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-Year Corporate Lease
- 21% Rent Increase in Year 11!
- Regional Location at Talbot County’s Dominant Retail Center
- Second Generation Space; Rent Rate at Market
- Immediate Outparcel Target
EXECUTIVE SUMMARY
• New 10-Year Corporate Lease
• Second Generation Space; Rent Rate at Market
• 21% Rent Increase in Year 11!
• Immediate Outparcel Target
• Regional Location at Talbot County’s Dominant Retail Center
• Second Generation Space; Rent Rate at Market
• 21% Rent Increase in Year 11!
• Immediate Outparcel Target
• Regional Location at Talbot County’s Dominant Retail Center
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,550 SF
Building Class
B
Year Built
2008
Price
$2,454,545
Price Per SF
$691.42
Cap Rate
5.50%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.95 AC
Zoning
C
Parking
27 Spaces (7.61 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 01-112724 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,678,967 |
PROPERTY TAXES
Parcel Number
01-112724
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,678,967
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