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Baldus Retail Center 6700 Crain Hwy

11,688 SF 100% Leased Retail Building La Plata, MD 20646 $7,654,068 CAD ($655 CAD/SF) 6% Cap Rate

Mixed Use Properties Maryland La Plata 6700 Crain Hwy, La Plata, MD 20646

Executive Summary

Established medical/retail center with 11,000~ leasable sqft and current occupancy at 100%. Three tenants under lease, one of which being a nationally recognized company in DaVita Dialysis. The other 2 tenants are Precision Orthopedics & Sports Medicine and B Doughnut - La Plata. CAM fees pay for Taxes and Insurance and all property maintenance. Access to 80+ parking spaces. Ideally situated off of Route 301 with high visibility and has roughly a 30,000+ ~ total population within a 5 mile radius, with median household income of over $119,000. High visibility and easily commutable.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,688 SF
Year Built
2018
Price
$7,654,068 CAD
Price Per SF
$655 CAD
Cap Rate
6%
NOI
$459,244 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
1.69 AC
Zoning
CH - The property is located in the commercial highway zone
Parking
80 Spaces (6.84 Spaces per 1,000 SF Leased)
Frontage
240 ft on Crain Highway

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning
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Nearby Major Retailers

Apple Spice
Shore United Bank
WesBanco
Truist
Starbucks
Outback Steakhouse
Coal Road Crossfit
The Greene Turtle Sports Bar& Grille
Bank of America
PNC Bank

PROPERTY TAXES

Parcel Number 01-000209 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $3,923,655 CAD

PROPERTY TAXES

Parcel Number
01-000209
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,923,655 CAD
(301) 753-2609

  • Listing ID: 33777708

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 6700 Crain Hwy, La Plata, MD 20646

The Retail Property at 6700 Crain Hwy, La Plata, MD 20646 is currently available For Sale. Contact Baldus Commercial Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Baldus Retail Center | 6700 Crain Hwy
(301) 753-2609 x

Baldus Retail Center | 6700 Crain Hwy

Jake Grier

(301) 753-2609

(301) 753-2609

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