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5960 Belair Rd 12,800 SF 100% Leased Retail Building Baltimore, MD 21206 $4,050,000 ($316.41/SF) 6.55% Cap Rate



INVESTMENT HIGHLIGHTS
- Purpose Built Neighborhood Retail Center
- Corporately guaranteed NNN leases with 10-year track record of occupancy
- Shadow-Anchored
EXECUTIVE SUMMARY
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
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
Dollar Tree is a privately held discount variety store offering a range of everyday household goods including cleaning supplies, groceries, health and beauty items, party supplies, toys, school products, and seasonal décor. As part of a multi-unit national retail chain, this store integrates retail convenience, value pricing, and a consistent product mix alongside its broader corporate network. The brand continues to focus on store network expansion and community accessibility.
PNC offers a wide range of services for all their customers, from individuals and small businesses, to corporations and government entities. No matter how simple or complicated a person's needs, they are sure to have the products, knowledge and resources necessary for financial success. The PNC Retail Bank supports the financial needs of millions of individuals, families and small businesses, and fosters lifelong banking relationships built on expert advice and financial solutions across deposits, payments, personal lending, credit card, wealth advisory and brokerage. Through their coast-to-coast branch network, which includes approximately many branches, many PNC and partner ATMs, thousands of highly skilled and knowledgeable bankers, and telephonic, online, and mobile banking channels, they empower their clients with the solutions they need to move forward financially.
| 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 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5695E-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,380,067 |
PROPERTY TAXES
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5960 Belair Rd
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