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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, 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.
PNC Bank is the primary banking subsidiary of The PNC Financial Services Group, a U.S.-based financial services organization with roots dating back to 1845. The institution originated from the Pittsburgh Trust and Savings Company, founded in Pennsylvania during the mid-19th century, and later evolved through a series of mergers culminating in the formation of PNC Financial Services Group in 1983. PNC Bank provides a broad range of banking and financial services to individuals, businesses, and institutional clients across the United States. The bank operates within diversified business segments that include retail banking, corporate and institutional banking, and asset management. Its service offerings encompass deposit products, lending solutions, treasury management, capital markets services, and wealth management. Over time, PNC has expanded its geographic footprint and capabilities through acquisitions, including National City Corporation in 2008, RBC Bank USA in 2011, and BBVA USA in 2021, which significantly extended its national presence. PNC Bank functions as a regulated national bank and is part of a publicly traded holding company listed on the New York Stock Exchange under the ticker symbol PNC. The organization’s headquarters and primary executive operations are based in downtown Pittsburgh, Pennsylvania.
| 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
Presented by
5960 Belair Rd
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