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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

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

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