About This Restaurant
Investment Highlights
Fully Leased Investment In the Heart of Mt Airy Plenty of Parking Zoned: Community Commercial District Retail/Professional Office & Medical Services 6.5% CAP Rate
Executive Summary
Fully leased retail/office building in the heart of Mt. Airy. Ground lease in place.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Storefront Retail/Office Storefront Retail/Office General Retail Restaurant General Retail Storefront Office Medical Storefront Retail/Office
- Building Size 14,954
- Building Class A
- Year Built 2005
- Price 2,800,000
- Price Per SF 187
- Cap Rate 6.50
- NOI 182,000
- Percent Leased 100
- Tenancy Multiple
- Building Height 3 Stories
- Building FAR 0.50
- Land Acres 0.68 AC
Amenities
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
Nearby Amenities & Transportation
| Retail | Five Guys | ||
| Retail | Safeway | ||
| Retail | Starbucks | ||
| Retail | PNC Bank | ||
| Retail | Truist | ||
| Retail | Snap Fitness 24/7 | ||
| Retail | California Tortilla | ||
| Retail | Food Lion | ||
| Retail | Bank of America | ||
| Retail | Sandy Spring Bank |
Property Taxes
| Parcel Number | 13-013160 | Improvements Assessment | $356,000 |
| Land Assessment | $1,487,100 | Total Assessment | $1,843,100 |
| Date Created: | 2024-07-16 04:16:17 | Last Updated: | 2024-07-16 04:16:17 |
| Address: | 1604 Ridgeside Dr , Mount Airy, Maryland, 21771 | ||