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Investment Highlights

  • Purpose Built Neighborhood Retail Center
  • Corporately guaranteed NNN leases with 10-year track record of occupancy
  • Shadow-Anchored

Executive Summary

We are pleased to exclusively present for sale the offering of the fee simple interest in Belair Crossing, a shadow-anchored, newly
constructed 12,800 SF retail center located in Baltimore City, Maryland. To accommodate a growing retail market, the center was 100% pre-leased to
PNC and Dollar Tree prior to its construction in the Fall of 2015.
Both tenants have recently executed their first Five-Year renewal option after a successful 10-year initial term.
The Property also enjoys the benefits of its co-tenancy with Dunkin and the newly constructed and anticipated LIDL Supermarket.

Attachments

BELAIR CROSSING

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,800 SF
Building Class
B
Year Built
2016
Price
$4,050,000
Price Per SF
$316.41
Cap Rate
6.55%
NOI
$265,275
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.23 AC
Zoning
C-3
Parking
85 Spaces (6.64 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Banking
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 10,000 SF
  • -
  • Triple Net
  • Jan 2031

Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.

  • Finance and Insurance
  • 2,800 SF
  • -
  • Triple Net
  • Feb 2031

PNC Bank has origins dating back to 1852 with the founding of Pittsburgh Trust and Savings Company. It became PNC Financial Corporation in 1983 through a merger. The company has since grown through various mergers and acquisitions. PNC Bank operates as a diversified financial institution offering services like retail banking, corporate banking, and wealth management. It serves millions of customers and has a significant presence in many U.S. markets.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 10,000 SF - Triple Net Jan 2031
Finance and Insurance 2,800 SF - Triple Net Feb 2031
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Lidl
Planet Fitness
Bank of America

Property Taxes

Property Taxes

Parcel Number
5695E-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,380,067
  • Listing ID: 37620388

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 5960 Belair Rd, Baltimore, MD 21206

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