Bannister Circle | 1276 Bannister Cir
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Bannister Circle 1276 Bannister Cir
8,280 SF Retail Building Waldorf, MD 20602 $1,795,000 ($217/SF) 9% Cap Rate
Executive Summary
Awesome investment opportunity. Tenant has been in place for 5+ years and currently has 8+ years remaining on the lease. Easy and low maintenance with long term cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,280 SF
Building Class
C
Year Built
1982
Price
$1,795,000
Price Per SF
$217
Cap Rate
9%
NOI
$161,550
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Land Acres
0.58 AC
Zoning
PUD - Planned urban development. All uses must be approved by the St. Charles Planning design and review board.
Parking
90 Spaces (10 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 06-075789 | Improvements Assessment | $932,900 |
| Land Assessment | $242,900 | Total Assessment | $1,175,800 |
PROPERTY TAXES
Parcel Number
06-075789
Land Assessment
$242,900
Improvements Assessment
$932,900
Total Assessment
$1,175,800
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Jake Grier -
Baldus Commercial Real Estate
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Bannister Circle | 1276 Bannister Cir
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