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8621 Baltimore National Pike 3,677 SF Retail Building Ellicott City, MD 21043 $2,250,000 ($611.91/SF) 5.39% Cap Rate
EXECUTIVE SUMMARY
Annual Income over $121,000 with 10-year ABSOLUTE Net Lease (renewed 2025)
Occupied by MR.TIRE for nearly 50 years
Located along Route 40 (Baltimore National Pike) near Route 29 junction
Convenient access to; Interstates 70, 95 and 695
Occupied by MR.TIRE for nearly 50 years
Located along Route 40 (Baltimore National Pike) near Route 29 junction
Convenient access to; Interstates 70, 95 and 695
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,677 SF
Building Class
B
Year Built
1984
Price
$2,250,000
Price Per SF
$611.91
Cap Rate
5.39%
NOI
$121,341
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.98 AC
Zoning
B2 - B2 zoning in Maryland is a zoning classification for commercial areas that support a variety of businesses and services.
Parking
12 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
81’ on Baltimore National Pike
AMENITIES
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-197901 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $752,400 |
PROPERTY TAXES
Parcel Number
02-197901
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$752,400
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DUNKIN Realty Advisors
8621 Baltimore National Pike
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