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6219 Belair Rd
Baltimore, MD 21206
KFC · Retail Property For Sale
Investment Highlights
- UNDER-MARKET RENT: $34.66/SF VS. $41.03/SF NATIONAL AVG
- IN THE HEART OF A MASSIVE REVITALIZATION PROJECT
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE
- STRONG QSR & RETAIL COTENANCY
- MARYLAND QSRs ARE RARE AND TRADE AT LOW CAP RATES
- KFC: GLOBAL SCALE + U.S. SALES TURNAROUND + TOP-TIER BRAND LIQUIDITY
Executive Summary
The Northmarq National Restaurant Group is pleased to offer this single-tenant KFC located at 6219 Belair Road, Baltimore, MD. The property is secured by a brand-new, absolute NNN lease with a 20-year initial term and four (4), 5-year renewal options, featuring 10% rental increases every 5 years.
The site fronts Belair Road / US-1 with approximately 39,151 VPD, the primary commercial spine connecting Northeast Baltimore to the I-695 beltway 1.5 miles east (±147,933 VPD). The Putty Hill Plaza power center anchors the corridor with retail destinations Giant Food, Dollar Tree, Dunkin', GameStop, Play It Again Sports, Taco Bell, IHOP, and AutoNation Toyota. CVS, Dollar General, Dollar Tree, Pizza Hut, Popeyes, Subway, 7-Eleven, and Dunkin' round out the immediate national/ regional co-tenancy.
The corridor is in the middle of a multidecade public-private revitalization, with active investments inside one mile including the Belair Road Complete Streets project (completion Winter 2027/2028), the City County Corridor Collaboration Pilot, and the Belair-Edison Main Street program. The trade area is anchored by Morgan State University (±11,559 students) within the immediate catchment.
The site fronts Belair Road / US-1 with approximately 39,151 VPD, the primary commercial spine connecting Northeast Baltimore to the I-695 beltway 1.5 miles east (±147,933 VPD). The Putty Hill Plaza power center anchors the corridor with retail destinations Giant Food, Dollar Tree, Dunkin', GameStop, Play It Again Sports, Taco Bell, IHOP, and AutoNation Toyota. CVS, Dollar General, Dollar Tree, Pizza Hut, Popeyes, Subway, 7-Eleven, and Dunkin' round out the immediate national/ regional co-tenancy.
The corridor is in the middle of a multidecade public-private revitalization, with active investments inside one mile including the Belair Road Complete Streets project (completion Winter 2027/2028), the City County Corridor Collaboration Pilot, and the Belair-Edison Main Street program. The trade area is anchored by Morgan State University (±11,559 students) within the immediate catchment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,597 SF
Building Class
C
Year Built/Renovated
1990/2025
Price
$1,565,217
Price Per SF
$602.70
Cap Rate
5.75%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.48 AC
Zoning
C-3
Parking
50 Spaces (19.25 Spaces per 1,000 SF Leased)
Frontage
42’ on Belair Rd
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 5715-007 | Improvements Assessment | $590,600 |
| Land Assessment | $248,800 | Total Assessment | $839,400 |
Property Taxes
Parcel Number
5715-007
Land Assessment
$248,800
Improvements Assessment
$590,600
Total Assessment
$839,400
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