Log In/Sign Up
Your email has been sent.
7-Eleven - Sunderland, MD 35 Dalrymple Rd 2,732 SF Retail Building Sunderland, MD 20689 $5,076,000 ($1,857.98/SF) 5.25% Cap Rate
Executive Summary
- CORPORATELY GUARANTEED LEASE WITH 7-ELEVEN, INC. | INVESTMENT GRADE CREDIT (S&P: A-) | 7-ELEVEN IS THE
LARGEST C-STORE RETAIL CHAIN IN THE WORLD | 77,000+ STORES WORLDWIDE / 13,000+ LOCATIONS IN NORTH AMERICA
- LONG-TERM COMMITMENT | 10.4 YEARS OF PRIMARY TERM REMAINING | 10.00% RENTAL INCREASES EVERY 5 YEARS DURING THE BASE TERM | 7.50% RENTAL INCREASES DURING EACH OF THE FIRST 4 (5-YEAR) OPTIONS | FMV IN OPTION 5 | EXTREMELY PASSIVE ABSOLUTE NNN LEASE | FEE SIMPLE LEASE, ALLOWING FOR ACCELERATED DEPRECIATION
- LOCATED ON SOLOMONS ISLAND RD (14,140 VPD) | 0.57 MILES FROM SOUTHERN MARYLAND BLVD/ROUTE 4 (29,758 VPD)| LOCATED 25 MILES SOUTHEAST OF WASHINGTON D.C.
- SUNDERLAND, MD LOCATION | STABLE & AFFLUENT DEMOGRAPHICS | CLOSE PROXIMITY TO THE WASHINGTON D.C & BALTIMORE, MD DOWNTOWNS
LARGEST C-STORE RETAIL CHAIN IN THE WORLD | 77,000+ STORES WORLDWIDE / 13,000+ LOCATIONS IN NORTH AMERICA
- LONG-TERM COMMITMENT | 10.4 YEARS OF PRIMARY TERM REMAINING | 10.00% RENTAL INCREASES EVERY 5 YEARS DURING THE BASE TERM | 7.50% RENTAL INCREASES DURING EACH OF THE FIRST 4 (5-YEAR) OPTIONS | FMV IN OPTION 5 | EXTREMELY PASSIVE ABSOLUTE NNN LEASE | FEE SIMPLE LEASE, ALLOWING FOR ACCELERATED DEPRECIATION
- LOCATED ON SOLOMONS ISLAND RD (14,140 VPD) | 0.57 MILES FROM SOUTHERN MARYLAND BLVD/ROUTE 4 (29,758 VPD)| LOCATED 25 MILES SOUTHEAST OF WASHINGTON D.C.
- SUNDERLAND, MD LOCATION | STABLE & AFFLUENT DEMOGRAPHICS | CLOSE PROXIMITY TO THE WASHINGTON D.C & BALTIMORE, MD DOWNTOWNS
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,732 SF
Building Class
C
Year Built
2002
Price
$5,076,000
Price Per SF
$1,857.98
Cap Rate
5.25%
NOI
$266,490
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.78 AC
Zoning
RC
Parking
26 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 03-179109 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,888,033 |
Property Taxes
Parcel Number
03-179109
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,888,033
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
7-Eleven - Sunderland, MD | 35 Dalrymple Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.