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10601 Baltimore AvenueBeltsville, MD 20705Price: $3,185,244

  • Price: $3,185,244
  • 73 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $3,185,244List Price
  • 0.4Acreage

Listing Tools

Triple Net Investment Group is proud to present 10601 Baltimore Avenue NNN Master Lease. Property is located at 10601 Baltimore Avenue, Beltsville, MD, 20705. Tenant after successfully operating on first floor for 5 years agreed to extend the lease for 15 more years for entire building and expand his business to the second floor. Tenant executed a NNN Master Lease with personal guarantee which has no LL responsibilities. Holmes spent $450k in built out and landlord spent $50k on third floor renovation in 2022. Holmes Lounge LLC subleases to an office, salon and media company on the 3rd floor, they occupy the 1st an d2nd floors exclusively. The property is situated on .4 Acres of land and has a building size of 9,080+ Sq ft. This location features strong demographics with an estimate of +1,300,000 population, and a Average Household income of +$117,000 - all in a 5 mile radius. This dense retail corridor has many national tenants such as Aldi, IKEA, 7-Eleven, McDonalds, and many more. Tenant operates 2 other locations in DMV and is very strong financially

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Listed by Robert Gamzeh of Triple Net Investment Group LLC

Copyright 2023 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 1, 2023. 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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