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2033 Eastern Ave
3,392 SF of Retail Space Available in Baltimore, MD 21231
Highlights
- Fells Point location on major thoroughfares with a hard-corner traffic lights located at Eastern Avenue and Chester Street.
- Strong population and traffic counts
- Super convenient access offering ingress and egress to/from Eastern Avenue, Chester Street, and Fleet Street.
- $147,500/year NNN
- No other drive-thru restaurants within 1.5 miles
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,392 SF | 1-30 Years | $59.59 CAD/SF/YR $4.97 CAD/SF/MO $641.38 CAD/m²/YR $53.45 CAD/m²/MO $16,843 CAD/MO $202,117 CAD/YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Lease rate does not include utilities, property ex
- Fully Built Out as a Fast Food Restaurant
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 2033 Eastern Ave , Baltimore, MD 21231
| Property Type | Retail | Year Built/Renovated | 1983/2001 |
| Property Subtype | Fast Food | Parking Ratio | 9.33/1,000 SF |
| Gross Leasable Area | 4,715 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 4,715 SF |
| Year Built/Renovated | 1983/2001 |
| Parking Ratio | 9.33/1,000 SF |
About the Property
Previously a Burger King with Drive thru sharing a .82 acre lot with a Rita's Italian Ice Restaurant (separate building). 3,392 s.f.building on a footprint of approximately 4,715 s.f. is being offered at $145,500/yr on a triple net (NNN) lease basis. Approximately 44 parking spaces. One of the few restaurants in the area offering off-street parking. Hard Corner lot with traffic light. Offering ingress and egress to/from Eastern Avenue, Chester Street, and Fleet Street. 3-mile population count 217,946 (2019) Located on a major Baltimore thoroughfare connecting the downtown Harbor, Little Italy, Fells Point, Canton and Brewers Hill. The building or site that it sits on will be available November 2022. The site is shared by a Rita's Italian ice separately metered. Property taxes and cam will be shared proportionately per s.f.. Drawings of the existing BK building are available upon request. The entire parcel including the Rita's and Burger King could be available for lease for a larger footprint. Call 301-431-5900 for details.
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
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Gabe Fontana - Fontana Properties Inc
Presented by
Fontana Properties Inc
2033 Eastern Ave
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