401 Sunburst Hwy 5,100 SF Retail Building Cambridge, MD 21613 $990,000 ($194.12/SF) 7.90% Cap Rate

Retail Space Maryland Cambridge 401 Sunburst Hwy, Cambridge, MD 21613

EXECUTIVE SUMMARY

-Lease expires 3/31/33
-Rent increases to $76,950 -03/01/25
-Double net (Landlord responsible for roof and structure)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,100 SF
Building Class
B
Year Built
1988
Price
$990,000
Price Per SF
$194.12
Cap Rate
7.90%
NOI
$78,210
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.37 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
I1
1 of 2

NEARBY MAJOR RETAILERS

Truist
Food Lion
Starbucks
Shore United Bank
Powerhouse Gym
Denny's
CrossFit

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07-120699
  • 07-116446
 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,558,967

CONTACTS

  • Listing ID: 34876192

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 401 Sunburst Hwy, Cambridge, MD 21613

More public record information on 401 Sunburst Hwy, Cambridge, MD 21613

The Retail Property at 401 Sunburst Hwy, Cambridge, MD 21613 is currently available for sale. Contact Lee & Associates Commercial Real Estate Services for more information.

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