- Prime Location | Situated on a main corridor in the Chesapeake Bay, providing unique tenant appeal and long-term real estate value.
- Strong Tenancy Mix | 92% leased retail strip center with a strong mix of service-oriented tenants.
- Minimal Landlord Responsibilities | 78.5% of tenants operate under NNN leases, limiting landlord exposure to expenses.
- Established Tenancy | Average tenant tenure exceeds 12 years, demonstrating long term commitments to the site and tenant stability.
- Value-Add Potential | Upside opportunity through leasing vacant occupancy and marking rents to market.
- Excellent Traffic & Visibility | 17,938+ vehicles per day with strong frontage and ease of access.
- Proximity to Schools | Walking distance to K-12 schools, including Sunset Elementary across the street and Northeast High nearby.
- Strategic Location | Only 20 minutes from Baltimore/Washington International Airport, 17 miles from Baltimore, and 44 miles from Washington, D.C.
- Affluent Demographics | Average household income exceeds $130,000 within a 5-mile radius, supporting strong retail demand.
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Rock Creek Village | $3,310,000 | 7.50% | NNN / MG | 15,333 | Available |
