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7-Eleven 3901 Pulaski Hwy

2,970 SF Retail Building Abingdon, MD 21009 $1,980,000 ($667/SF) 5% Cap Rate

Retail Space Maryland Abingdon 3901 Pulaski Hwy, Abingdon, MD 21009

Investment Highlights

  • An absolute NNN lease single-tenant 7-Eleven in affluent Baltimore MSA suburb
  • 10% rental increases every 5 years during the primary term and option periods
  • Large 2.19 acre parcel with gas and convenience store – new 7-Eleven gas stations pay 3x the current rent
  • Brand-new 15-year lease extension fully backed by 7-Eleven, Inc.
  • 22+ year operating history at this site
  • Close proximity to the I-95 corridor, providing convenient access to Baltimore, Washington D .C., and Philadelphia

Executive Summary

Well below market 7-Eleven gas station rent. Brand-new 15-year absolute NNN ground lease extension featuring 10% rental increases every 5 years and 3, 5-year extension options. Hard corner signalized location on Pulaski Highway – 24,158 VPD. Affluent residential demographics – $117,687 average household incomes within a 3-mile radius of the subject property.

Attachments

7Eleven_AbingdonMD

Property Facts

Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,970 SF
Building Class
B
Year Built
2002
Price
$1,980,000
Price Per SF
$667
Cap Rate
5%
NOI
$99,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.19 AC
Frontage
95 FT on Pulaski Hwy

Links

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3901 Pulaski Hwy, Abingdon, MD - aerial map view

PROPERTY TAXES

Parcel Number 01-105264 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,637,300

PROPERTY TAXES

Parcel Number
01-105264
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,637,300
(650) 678-7200

Contacts

  • Listing ID: 33705217

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 3901 Pulaski Hwy, Abingdon, MD 21009

More public record information on 3901 Pulaski Hwy, Abingdon, MD 21009

The Retail Property at 3901 Pulaski Hwy, Abingdon, MD 21009 is currently available for sale. Contact CP Partners CRE for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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7-Eleven | 3901 Pulaski Hwy
(650) 678-7200 x

7-Eleven | 3901 Pulaski Hwy

1/2

John Andreini

(650) 678-7200

(650) 678-7200

Kirby Dederian

(415) 274-2700

(415) 274-2700

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