Tailored Brands Inc. 500 Hanover Pike
210,000 SF Industrial Building Hampstead, MD 21074 For Sale
INVESTMENT HIGHLIGHTS
- Long-term, passive income with a 15-year Abs. NNN Lease & Annual Increases with Corporate Guarantee
- One of the largest retailers dedicated to Men’s Clothing
- Excellent Facility Access with Close Proximity to I-795 via Maryland Route 30
- Mission Critical Location
- Diverse Customer Base Across Brands & Leading Position in Formal Wear
EXECUTIVE SUMMARY
Northmarq Commercial, as exclusive advisor, is pleased to present the opportunity to acquire a distribution center owned and operated by Tailored Brands Inc. Located in Hampstead (Baltimore), Maryland, the asset is comprised of 210,000 square feet on a total of 38.4 acres. This transaction considers a sale leaseback in which the facility would be 100% leased on an absolute NNN basis to Tailored Shared Services, a wholly owned subsidiary of Tailored Brands Inc. (“TBI” or the “Company”) for a primary term of 15 years.
PROPERTY FACTS
UTILITIES
- Gas - Natural
- Heating - Gas
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PROPERTY TAXES
Parcel Number | 08-040257 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $6,464,900 |
ZONING
Zoning Code | Light Manufacturing (Light Industrial) |