602 S Philadelphia Blvd
Aberdeen, MD 21001

address----602 s philadelphia blvd Aberdeen , MD 21001 Property Type---retail Lease type----absolute NNN Tenancy----Single Lease commencement----5/1/99 Remaining term----5 years Price/Sq Ft-----$633/sq ft Price----$2,098,704 NOI---$104,935.20 Lot size-----1.04ac Lease Options----(5) 5 year options w 15% increases Investment type----net lease Tenant credit----credit rated Lease term----this was a 20 year lease...tenant just executed its first 5 year renewal option(begins 5/1/19) Lease expiration---4/30/2024 Square Footage---2,940 Cap Rate----5% Year built----1999 Rent bumps----15% increases every 5 years in primary period as well as all option periods Ownership----Fee simple