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9519 Philadelphia RoadRosedale, MD 21237Sale Price: $1,506,750

  • Sale Price: $1,506,750
  • 92 Days Since Sale
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Federal 30-year interest rate: 6.99% last updated on Jun 6, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $750,000List Price
  • 1Acreage

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REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 29, 2024. Live On Site Auction - Thursday, February 1, 2024 at 1:15 pm. List price is opening bid only. $100,000 deposit, payable by cashier's check or wire, will be required of all online bidders prior to the start of the live auction. The property is situated at the southeast corner of Philadelphia Road (MD-7) and Middle River Road in the Rosedale area of eastern Baltimore County. Daily traffic counts (AADT) are 18,711 along Philadelphia Road and 16,134 along Middle River Road, according to MDOT online mapping. The immediate area is mixed commercial and residential use. The property sits opposite the Kings Court Shopping Center, a retail center anchored by Tractor Supply. A 7-11 and King's Court Townhomes are along the other two corners of the intersection. The intersection of the Baltimore Beltway (I-695) and I-95 is approximately 2 miles south. Rent Info: Triple net ground lease to SK Properties, LTD, dated November 3, 1996, assigned to Philadelphia Road CVS, Inc., then to Middle River CVS, Inc. and subsequently to Maryland CVS Pharmacy, LLC via merger in 2010. The current lease is in the second five-year extension period, running through November 2027, at an annual rent of $88,578 (NNN). There are 4 five-year renewal options at substantially increased rentals remaining. Tenant pays for all maintenance, taxes and insurance.

Property Details of 9519 Philadelphia Road

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Listed by Charles N Billig of A.J. Billig & Company

Listing Sold by Commercial Real Estate Services of Maryland

Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 13, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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