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7-Eleven 5401 Silver Hill Rd 2,550 SF Retail Building District Heights, MD 20747 $3,478,200 ($1,364/SF) 5% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Robust Traffic Counts
- Qualifies for Bonus Depreciation
- Premier National Tenants
Executive Summary
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 5401 Silver Hill Rd, District Heights, MD 20747. The site consists of roughly 2,550 rentable square feet of building space on an estimated 0.73-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 1/4/2021. The current annual rent is $173,910* and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,550 SF
Building Class
C
Year Built
1980
Price
$3,478,200
Price Per SF
$1,364
Cap Rate
5%
NOI
$173,910
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.73 AC
Zoning
CSC - This zoning is for retail and service commercial activities that are usually located in shopping centers
Frontage
Amenities
- Pylon Sign
- Security System
- Signage
- Air Conditioning
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-0575613 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,401,700 |
Property Taxes
Parcel Number
06-0575613
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,401,700
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Francis Purritano -
Joseph Kelly -
Christopher Marks -
Surmount
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7-Eleven | 5401 Silver Hill Rd
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