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8155 Maple Lawn Blvd
Fulton, MD 20759

Auction:5/8 - 5/10: Maple Lawn Boulevard · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
3,361 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.74 AC
Zoning
MXD3
Parking
22 Spaces (6.55 Spaces per 1,000 SF Leased)
Frontage
120 FT on Maple Lawn

Amenities

  • Drive Thru

About 8155 Maple Lawn Blvd , Fulton, MD 20759

The property tour will take place Wednesday, April 26th from 1:00pm to 3:00pm, by appointment only. Please contact Bradd Caplan (443-253-6502, bcaplan@ten-x.com) or Loretta Okoye (212-228-0221, lokoye@ten-x.com) to RSVP. The property is located within a planned mixed-use community (Maple Lawn) and is subject to a use restriction. The full text of the use restriction can be found in the document "Declaration of Use Restriction" in the Operating and Financial folder of the due diligence documents section. Investment Overview: The opportunity is a 6,327 sq. ft. full service bank building located in Fulton, Maryland. The Property is located at 8155 Maple Lawn Boulevard and contains one building that was a former M&T Bank. The building offers three drive-up full service lanes, one drive-up ATM and one walk-up ATM onsite. The Property is leased by M&T Bank; however, M&T has vacated the Property but will continue to pay $330,000 per annum until their lease expiration in February 2019. The Property benefits from its position along Maple Lawn Boulevard that serves as a major arterial throughout the entire Maple Lawn Community. In addition, the Columbia Pike is located less than one mile to the west of the Property and provides access to Interstate 70 to the north and Interstate 495 (Capital Beltway) to the south. Furthermore, the Property is conveniently located within walking distance to Scaggsville Road to the south which is an east/west arterial that provides access to the Columbia Pike as well as many municipal and retail buildings in the area. Located in Howard County in a mixed-use Community consisting of 1,340 planned homes, nearly 500,000 square feet of medical/professional buildings, and 180,000 square feet of retail shops and eateries. Retailers located within the community include Harris Teeter, CVS, McDonald's, Looney's Sports Bar, Exxon, Firestone, Johns Hopkins Community Physicians, Bank of America, PNC and others. Most recent NOI is not available. Per the Deed provided dated June 26th, 2009, the Property is being sold fee simple inclusive of the land and all improvements. The investment offers potential up sale with the opportunity to lease-up the Property of vacant space at market rates. Free Asset Summary Report AvailableWe've partnered with Situs, one of the most trusted names in comm

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-450306
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,302,967
  • Listing ID: 3782003

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 8155 Maple Lawn Blvd, Fulton, MD 20759

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