For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,443,750
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $481
MLS Listing ID MDHR2030780
Sold Date 07/31/24
Originating Board BRIGHT
Year Built 2002
Annual Tax Amount $17,729
Tax Year 2023
Lot Size 2.190 Acres
Acres 2.19
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Tuesday, May 14, 2024. Live On Site Auction - Thursday, May 16, 2023 at 1:30 PM. List price is opening bid only. A $100,000 cashier's check deposit is required to bid. Triple net ground lease to 7-Eleven, Inc., dated November 8, 2002. The current lease is in the first five-year extension period, running through November 2027, with an annual rent of $87,846 NNN. There are 3 remaining five-year options at increased rentals. The extension beginning 12/1/2027 has an annual rent of $96,630.60 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.
Location
State MD
County Harford
Zoning B3
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 25.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 25
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Harford County Public Schools
Others
Tax ID 1301105264
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Auction
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Charles N Billig • A.J. Billig & Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "