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20990 Point Lookout Rd
2,992 SF of Retail Space Available in Callaway, MD 20620
Highlights
- Full Bank Build Out
- Stand Along building, new roof
- Existing safe, drive through window and bank tubes
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 2,992 SF | 12’ - 14’ | Negotiable | $25.35 CAD/SF/YR $2.11 CAD/SF/MO $272.91 CAD/m²/YR $22.74 CAD/m²/MO $6,322 CAD/MO $75,861 CAD/YR | Triple Net (NNN) |
1st Floor
For Lease: Prime Commercial Property with Drive-Through Window Stand-Alone Building: Well-maintained property featuring a drive-through window and ample parking. Interior Highlights: Includes private offices, a conference room, and a secure bank safe vault. Additional Features: Equipped with bank tubes for efficient transactions. Location Benefits: Situated on a corner lot with prominent road marquee signage. Ideal for financial institutions or businesses seeking high visibility and functionality.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
- Finished Ceilings: 12’ - 14’
- Drive Thru
- Corner Lot
- Stand Alone Building
- Full Bank Buildout
- Office & Conference Rooms
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.
PROPERTY FACTS FOR 20990 Point Lookout Rd , Callaway, MD 20620
Property Type | Retail | Gross Leasable Area | 2,992 SF |
Property Subtype | Bank | Year Built | 2005 |
Property Type | Retail |
Property Subtype | Bank |
Gross Leasable Area | 2,992 SF |
Year Built | 2005 |
About the Property
For Lease: Prime Commercial Property with Drive-Through Window Stand-Alone Building: Well-maintained property featuring a drive-through window and ample parking. Interior Highlights: Includes private offices, a conference room, and a secure bank safe vault. Additional Features: Equipped with bank tubes for efficient transactions. Location Benefits: Situated on a corner lot with prominent road marquee signage. Ideal for financial institutions or businesses seeking high visibility and functionality.
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20990 Point Lookout Rd
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