Ocean Gateway & Holly Grove Rd | Berlin, MD 21811
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This Retail Property is no longer advertised on LoopNet.ca.
Ocean Gateway & Holly Grove Rd
Berlin, MD 21811
7-Eleven · Retail Property For Sale
Investment Highlights
- New 15-year lease, corporately guaranteed
- 10% rental escalations every five years and in each of the three 5-year renewal options
- 7-Eleven is an investment grade rated tenant (S&P: AA-)
- New construction (2021) scheduled to open in April 2021
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,700 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.31 AC
Zoning
C2
Parking
15 Spaces
Frontage
392 ft on U.S. 50
PROPERTY TAXES
Parcel Number | 10-010535 | Improvements Assessment | $6,165,569 |
Land Assessment | $2,403,037 | Total Assessment | $8,568,606 |
PROPERTY TAXES
Parcel Number
10-010535
Land Assessment
$2,403,037
Improvements Assessment
$6,165,569
Total Assessment
$8,568,606
Listing ID: 22149081
Date on Market: 2021-02-03
Last Updated:
Address: Ocean Gateway & Holly Grove Rd, Berlin, MD 21811
The Retail Property at Ocean Gateway & Holly Grove Rd, Berlin, MD 21811 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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