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805 N Howard St 3,100 SF 100% Leased Retail Building Baltimore, MD 21201 For Sale 13.20% Cap Rate
Executive Summary
Baltimore Building with Dispensary Tenant Available FOR SALE
Existing Dispesary Tenant just signed new 5 Year Lease Term
Very successful business with locations all over the country
NNN Lease
Existing Dispesary Tenant just signed new 5 Year Lease Term
Very successful business with locations all over the country
NNN Lease
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,100 SF
Building Class
B
Year Built
1900
Cap Rate
13.20%
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.28
Lot Size
0.03 AC
Zoning
C-1
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Nirvana Cannabis operates under the Nirvana Center brand. This location offers both medical and adult-use cannabis products, including flower, edibles, concentrates, tinctures, and accessories. The dispensary is known for its wide selection and knowledgeable staff, catering to a diverse urban clientele. There are several locations operated by Nirvana Cannabis across Maryland, Arizona, Michigan, and Illinois.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0509-027 | Improvements Assessment | $175,600 |
| Land Assessment | $65,400 | Total Assessment | $241,000 |
Property Taxes
Parcel Number
0509-027
Land Assessment
$65,400
Improvements Assessment
$175,600
Total Assessment
$241,000
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