Triple Net Investment Group

Subway Property for Sale

$1,625,000.00

Address632 S Broadway, Baltimore, MD
TenantSubway
Lease Term2 Years
Cap Rate4.5%
NOI$72,088.00
Options5 | Two (2) year

Triple Net Investment Group is pleased to present 632 S Broadway, Baltimore, MD & 700 S Broadway, Baltimore MD two fully
leased mixed use properties for purchase individually or as a portolio.  Subject Properties are 100% leased and each have been owned by the same
Landlord since approximately 1928-1930, a self-made candy and tobacco distributor that used these locations as his operations headquarters.  This Subway Property for Sale located in a popular destination in Fells Pointe consist of a lower-level retail unit leased by Subway. 700 S Broadway and 632 S Broadway each have two (2) one bedroom residential units on the 2nd and 3rd floors.

  • Below Market Rent – Residential Units in the vicinity are $35-$41 a square foot.
    Dense Populated Area – +120,000 people in a 1-
    mile radius, excellent walkability .
  • Great Retail Location – Excellent visibility along
    South Broadway, in the Certified Historic District
    of Fells Point , minutes away from Harbor East,
    Harbor Point, Little Italy, M&T Bank Stadium and
    Camden Yards where the Ravens and Oriole’s
    Play.
  • Fully Leased Investment Opportunity – Retail tenant
    has been at this location for 30 years , residential
    units are leased up immediately when vacancy arises.
  • Hard Corner—property located on intersection of S
    Broadway and Aliceanna Street 11,005 VPD
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