6390 10 Oaks Rd | Clarksville, MD 21029
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- LoopNet Team
6390 10 Oaks Rd
Clarksville, MD 21029
Bank of America · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Three-years of base term remain on an absolute net ground lease with four, five-year option periods thereafter
- Consistent rising deposits: $236M+ (2022), $212M+ (2021), $178M+ (2020), $156M+ (2019)
- Ideally positioned at the signalized intersection of Ten Oaks Road and MD Route 108 (16K VPD); just off of MD Route 32 (55K VPD)
- The lease is corporately guaranteed by investment grade credit tenant Bank of America, Standard & Poor’s rated A+ with a stable outlook
- Howard County is the seventh wealthiest county in the U.S. – median household income in excess of $129,000
- 26-miles north of Washington, DC; 23-miles south of Baltimore, MD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
4,387 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.08 AC
Zoning
B2 - B2 zoning is a commercial zoning category that permits a variety of businesses, including offices, retail, restaurants, and more.
PROPERTY TAXES
| Parcel Number | 05-368529 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,599,367 |
PROPERTY TAXES
Parcel Number
05-368529
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,599,367
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