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4015 Mountain Rd 4,927 SF 4-Star Retail Building Pasadena, MD 21122 $4,250,000 ($862.59/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term NNN Ground Lease with 15-years remaining and attractive 10% increases every 5 years, including in eight (8) option periods
- Chick-fil-A is one of the first buildings to be delivered in Jacobsville Town Center, a 22-acre mixed-use development
- Anne Arundel County is centrally located between Baltimore and Washington, D.C., is home to 570,000 residents
- New construction pad-site built to industry specifications with multi-lane drive thru
- Chick-fil-A is positioned at the hard corner of Mountain Road (13,274 VPD) and Magothy Beach Road (7,809 VPD)
- Fitch, Moody’s and Standard & Poor’s all rate Anne Arundel County with an AAA bond rating
EXECUTIVE SUMMARY
KLNB Retail Capital Markets is pleased to offer for sale a newly delivered Chick-fil-A located at 4015 Mountain Road located in Pasadena, Maryland. The property was delivered in March, 2025, with rent commencing in September, 2025 and is one of the first buildings to be delivered in the future 22-acre Jacobsville Town Center. Situated at the hard corner of Mountain Road and Magothy Beach Road, this property offers a strategic location with high visibility and traffic flow of 20,000+ vehicles per day. With a 15-year absolute triple net ground leasee, investors can enjoy a passive investment opportunity with no landlord responsibilities. Rental increases of 10% every five years, ensure consistent cash flow and inflation protection. Corporately guaranteed, with over 3,000 locations, Chick-fil-A proves to be a trusted and reliable tenant for long-term stability.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,927 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Price
$4,250,000
Price Per SF
$862.59
Cap Rate
4%
NOI
$170,000
Tenancy
Single
Building Height
1 Story
AMENITIES
- Restaurant
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $575,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$575,300
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4015 Mountain Rd
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