22550 Jefferson Blvd | Smithsburg, MD 21783
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- LoopNet Team
22550 Jefferson Blvd
Smithsburg, MD 21783
High's · Retail Property For Sale
Investment Highlights
- Fee simple ownership structure qualifies for 15-Year Accelerated Depreciation and creates excellent after-tax returns
- There is a 12% rental increase in just over 1 year
- The NNN lease offers a completely passive ownership structure making this an ideal property for a “hands off” investor or 1031 exchange buyer
- The Lease is corporately guaranteed by Carroll Independent Fuel Company
- High’s has been at this location since 2012 and has 11+ years remaining on their lease
- Property sits on 2.03 acres and has excellent visibility along Jefferson Boulevard (Rte 64) (12,025 VPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Building Class
C
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.03 AC
Zoning
BL
PROPERTY TAXES
| Parcel Number | 07-009305 | Improvements Assessment | $954,400 |
| Land Assessment | $1,055,600 | Total Assessment | $2,010,000 |
PROPERTY TAXES
Parcel Number
07-009305
Land Assessment
$1,055,600
Improvements Assessment
$954,400
Total Assessment
$2,010,000
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