Mixed Use Property for sale
$2,198,000.00
| Address | 700 S Broadway, Baltimore, MD |
|---|---|
| Tenant | Todd Conner’s |
| Lease Term | 4 Years |
| Cap Rate | 4.5% |
| NOI | $66,895.90 |
| Options | 1 | five(5) year |
Description
Triple Net Investment Group is pleased to present 700 S Broadway, Baltimore MD – fully leased mixed use property for sale. Property consists of a lower-level retail unit leased by
Todd Conner’s, a popular destination in Fells Point. 700 S Broadway each have two (2) one bedroom residential units on the 2nd and 3rd floors. This mixed use property for sale is 100% leased.
- 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 and in the Certified Historic District of Fells Point , minutes away from Harbor
East, Harbor Point, Little Italy Camden Yards and
M&T Bank Stadium. - Fully Leased Investment Opportunity – Property
has a strong tenant in Todd Conner’s which has a
fells point go to destination since 2018, 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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