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3432 Frederick Ave
Baltimore, MD 21229
Retail Property For Sale
Investment Highlights
- Approximately 6.75 Years Remaining in Existing Lease Term (Lease Exp: 03/31/2032)
- Rare Absolute NNN Lease Structure - ZERO Management Responsibilities
- Strong Placer.ai Data | 183,300 Annual Visits = Top 7% Nationwide
- 2016 Build-to-Suit Construction | 9,200 SF Building - 1.017 Acre Parcel
- Guaranteed 10% Rent Increase in 24 Months (April 2027) – Cap Rate Increases to an 9.35% (Assuming a Purchase at List Price)
- 3-Mile Demographics: 182,434 Residents; $72,416 Average Household Income
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,129 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.02 AC
Zoning
C-2 - Community Commercial
Parking
28 Spaces (3.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Monument Signage
Property Taxes
| Parcel Number | 2244A-002 | Improvements Assessment | $1,156,200 |
| Land Assessment | $916,300 | Total Assessment | $2,072,500 |
Property Taxes
Parcel Number
2244A-002
Land Assessment
$916,300
Improvements Assessment
$1,156,200
Total Assessment
$2,072,500
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