17651 Redland Rd | Derwood, MD 20855
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- LoopNet Team
17651 Redland Rd
Derwood, MD 20855
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- New 25-Year Triple Net (NNN) Ground Lease in 2019 with 21 Years Remaining
- Corporate Guaranty | S&P BBB Credit Rating
- Twelve Percent (12%) Rental Increase in the First Option, Then Ten Percent (10%) in the Remaining Option Periods.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,800 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.24 AC
Zoning
CRT
Frontage
97 FT on Redland Rd
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,094,500 | |
| Land Assessment | $1,262,833 | Total Assessment | $5,357,333 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,262,833
Improvements Assessment
$4,094,500
Total Assessment
$5,357,333
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