8010 Belair Rd
Nottingham, MD 21236
T-Mobile | PRICE REDUCED! · Retail Property For Sale

Marcus & Millichap, on behalf of the ownership, is pleased to exclusively offer the fee simple interest in this T-Mobile retail store in Nottingham, Maryland, a desirable suburb of Baltimore. The tenant, T-Mobile Northeast LLC, is a subsidiary of T-Mobile US, Inc. (NASDAQ: TMUS ), the nation' s third largest wireless communications provider and the US carrier for Deutsche Telekom AG (OTCQX:DTEGY). Most recently, the tenant extended its lease providing about seven years of term. This is the second time the tenant has extended demonstrating their commitment to this location. While sales are not reported, T-Mobile has operated here since 2007. To a buyer' s benefit, this versatile retail box is ideal for high profile users and as inducement for the most recent lease extension, ownership reduced the rental rate to market . This is significant as it limits an investor' s downside should the tenant ever relocate. Located in the northern Baltimore Metro Area, Nottingham is a prime infill location with a dense, mature population of 14,500 within a one-mile radius and nearly 135,000 within three miles. The Subject Property is exceptionally well located along the heavily traveled Belair Road which averages 44,850 vehicles per day. The 3,080 square-foot versatile freestanding building has outstanding visibility, prominent pylon signage and ample parking. The Property is adjacent to a 7-Eleven convenience store and in proximity to an abundance of surrounding national retail. Most notably, Putty Hill Plaza, a 91,938 square-foot Giant and Dollar Tree anchored center, as well as retailers McDonald' s, Merchant' s Tire, Mr. Tire, Sally Beauty Supply, Sherwin-Williams, Taco Bell and Denny' s.