723 N Bridge St | Elkton, MD 21921
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723 N Bridge St
Elkton, MD 21921
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Tenant: Leased to CVS Pharmacy with the current lease expiring on November 30, 2027.
- High Visibility Location: Situated on a hard corner at a traffic light-regulated intersection, the property enjoys high traffic counts.
- Pylon Sign: Property includes a pylon sign that enhances the property's visibility and advertising opportunities.
- Lease Extension Options: Tenant has three five-year options to extend the lease, with 5% rent increases at each extension.
- Limited Landlord Responsibilities
- Located across the street from brand new 68 unit multi-residential community.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,153 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.46 AC
Zoning
C2
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 03-048837 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $900,500 |
PROPERTY TAXES
Parcel Number
03-048837
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$900,500
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