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1772 E Joppa Rd
Baltimore, MD 21234

Absolute NNN Midas · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,085 SF
Building Class
B
Year Built/Renovated
1982/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Land Acres
0.34 AC
Zoning
BLR-BM
Parking
30 Spaces (8.51 Spaces per 1,000 SF Leased)

About 1772 E Joppa Rd , Baltimore, MD 21234

Pegasus Investments Real Estate Advisory Inc. is pleased to offer a single tenant net leased Midas in Baltimore, MD. Midas has successfully operated at the site for over 30 years and the Tenant recently executed a new 100% absolute NNN 15-year lease. The property is strategically located along E Joppa Road just off Interstate 695, the primary loop around Baltimore with average traffic counts of 118,000, which is known regionally as “The Beltway.” Additionally, the site is ideally positioned in the hear of “automotive row” surrounded by a myriad of automotive service centers, sales and leasing facilities and car dealerships. Priced at just $290/SF, this offering presents a rare opportunity to acquire an asset in a major metropolitan market secured by a long-term lease at comparatively low-cost basis.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-1900008148
Land Assessment
$450,000
Improvements Assessment
$182,700
Total Assessment
$632,700
  • Listing ID: 16904048

  • Date on Market: 8/13/2019

  • Last Updated:

  • Address: 1772 E Joppa Rd, Baltimore, MD 21234

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