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1540 Elkton Rd
Elkton, MD 21921

7 ELEVEN ELKTON · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,000 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.15 AC
Zoning
BI - Business Intense in Cecil County, MD
Parking
24 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
246 FT on ELKTON ROAD

Amenities

  • Corner Lot
  • Monument Signage
  • Air Conditioning

About 1540 Elkton Rd , Elkton, MD 21921

7-Eleven Gas Station Investment Grade Tenant: (S&P AA- Rated Credit Tenant) with Successful Long Term Operational History Rental increase in 2022 and two 5-year options with CPI Formula increases. Absolute NNN lease with no landlord maintenance responsibilities. Lucrative lease structure with Base Rent + Percentage of Sales. Adjacent to 22 acres Performance Food Group distribution facility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-110060
Land Assessment
$811,300
Improvements Assessment
$601,000
Total Assessment
$1,412,300
  • Listing ID: 17210228

  • Date on Market: 9/16/2019

  • Last Updated:

  • Address: 1540 Elkton Rd, Elkton, MD 21921

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