4910 Bethesda Ave
Bethesda, MD 20814
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Over three-years of base term remain on a NNN lease with one, five-year option thereafter (3% increases annually)
- Rare low price point asset in extremely high-barrier-to-entry market
- Average household income of $190,000+ within a three-mile radius of the property
- Long-term occupancy - the tenant has operated at this location since 2008
- Over $691MM in total consumer spending on food and alcohol alone within a three-mile radius of the property
- Ideal for a buyer in a 1031 exchange seeking a management free asset
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
1,200 SF
Building Class
B
Year Built
1948
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.04 AC
Zoning
CRT
Parking
2 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
17’ on Bethesda Ave
PROPERTY TAXES
| Parcel Number | 07-00435181 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $650,567 |
