20760 Great Mills Road
Great Mills, Maryland
Price:
$2,000,000
Cap Rate:
7.39%
NOI:
$147,741
Building Size:
Approx. 6,168 Sq. Ft.
Lot Size:
Approx. 1.33 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2001
Investment Overview
- 2001 Construction. 6,168+/- SF Building on 1.33+/- Acre Site
- 20-Year Operating History in Last Year of 1st Option Period
- 2nd Option Period has Five Annual Sub-Terms With 2% Bumps
- Located Along Great Mills Rd (28K VPD) and Hwy 5 (29K VPD) Near Multiple Schools
- Subject Property Only 4 Miles From Patuxent River Naval Station with Limited Competition
- Near United States Post Office, Dollar General, Pizza Hut, AutoZone Auto Parts, McDonald’s
- Strong Income Demos w/ $104,664 Within a 5-Mile Radius of Subject Property
- Great Mills | Suburb of Lexington Park, MD | 3rd Fastest Growing County in MD