Passive Investments in commercial real estate with national tenets already in place
- National tenant
- Owner ship of land and building
- No need for property management company
Thurmont, MD Commercial Building
for Sale with national tenant
Price: $1,356,522
Description
- 3,240 SF Commercial building rented out to national fast food chain Wendy’s
- 17-years of primary term remain, expiring December 31, 2032
- Four, five-year options after initial term
- Tenant is responsible for all real estate taxes, insurance, repairs and maintenance and casualty damage to the property
- Cap Rate 5.75%
Conowingo, MDCommercial Building
for Sale with national tenant
Price: $1,833,000
Description
- 9,026 SF building built in 2012, rented out to Dollar general
- 12 years remaining on the initial lease
- 5 options of Five year each after initial term is complete.10% rent increase in each option period
- Tenant is responsible for all real estate taxes, insurance, repairs and maintenance and casualty damage to the property
- Cap Rate 6.60%
Prince Frederick, MD Commercial Building
for Sale with national tenant
Price:$1,931,000
Description
- 2,200 SF rented out to National Fast Food chain KFC
- 18 years remaining on lease
- Tenant is responsible for all real estate taxes, insurance, repairs and maintenance and casualty damage to the property
- Rent is $106,250 and is subject to 8% increases every five years
- Four 5-year tenant renewal options
- Cap Rate 5.50%