Cap Rate
8.00%
Gross SQFT
9,273
Year Built
1945
Term Remaining
±6.25 YRS
NOI
$155,786
Property Type
Retail
LEAD LISTING AGENT
Josh Bishop
Senior Vice President & Senior Director
Email
[email protected]
License No.
688810 (TX)
Direct
+1 (214) 692-2289
Mobile
+1 (315) 730-6228
INVESTMENT HIGHLIGHTS
- 2019 Renovation-to-suit for Dollar Tree
- Huge 5 mile population of over 567,993 Residents
- Average HHI of $131,416
- Traffic counts in excess of 19,000 VPD on York Road
- Baltimore is the largest city in Maryland
- Subject property is across the street from Loyola University Maryland, which has
a student population of ±3,977 - Investment Grade Credit Tenant – S&P Rated BBB
- Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same store sales / profitability
- Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
Broker of Record
- Kyle Matthews
- License No. 664913 (MD)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203