7010 Westmoreland Ave
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7010 Westmoreland Ave
2,800 SF Retail Building Takoma Park, MD 20912 $1,462,656 CAD ($522 CAD/SF) 7.50% Cap Rate
Executive Summary
Sale-Leaseback (10 years, NNN lease). Located in the Takoma Park Historic District. Building in excellent condition. Solar panels on roof. Successful business established in 1972. Seven minute walk to the Takoma Metro Station. Tours by appointment only, do not disturb tenant.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
2,800 SF
Building Class
B
Year Built/Renovated
1922/2010
Price
$1,462,656 CAD
Price Per SF
$522 CAD
Cap Rate
7.50%
NOI
$109,699 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.52
Land Acres
0.12 AC
Zoning
NR - Neighborhood Retail
Parking
5 Spaces
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- House Of Musical Traditions
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| House Of Musical Traditions | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 13-01057901 | Improvements Assessment | $338,924 CAD |
| Land Assessment | $395,088 CAD | Total Assessment | $734,012 CAD |
PROPERTY TAXES
Parcel Number
13-01057901
Land Assessment
$395,088 CAD
Improvements Assessment
$338,924 CAD
Total Assessment
$734,012 CAD
-
Sam Farnum -
William Montrose -
AMR Commercial, LLC
(301) 961-9696
x216
1 of 23
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7010 Westmoreland Ave
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