16481 Excalibur Rd | Bowie, MD 20716
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16481 Excalibur Rd
Bowie, MD 20716
PNC Bank, Excalibur · Retail Property For Sale
Investment Highlights
- ?Investment Grade Credit Tenant – PNC Bank holds an S&P: A- and is currently the 7th largest financial institution in the United States.
- High Deposits – The bank holds $91,298,000 in deposits per the FDIC; ranking 3rd out of the 18 PNC Bank branches in Prince George's County.
- ?Strong Demographics – Average Household Income within 5-Miles is $148,652, providing a strong consumer base for branch operations.
- ?Absolute NNN Lease – There are 5.5 years remaining on an Absolute NNN Lease with zero landlord responsibilities and 4, 5-year options.
- ?15% Rental Increases – There are rare 15% rental increases every 5 years throughout the base term and option periods.
- ?Located Adjacent to Shopping Center - The property is located adjacent to Collington Plaza; co-anchored by Walmart and Giant Foods.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,468 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.02 AC
Zoning
CSC
Parking
25 Spaces (7.21 Spaces per 1,000 SF Leased)
Frontage
90 FT on Crain Hwy
Amenities
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 07-2871408 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,099,467 |
PROPERTY TAXES
Parcel Number
07-2871408
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,099,467
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