Listing Details!
bedrooms |
full baths
Year Built: 1969
ACTIVE
Prime Location, 2021 Totally Renovated and Strong Net Income of $240K /Year w NNN Lease for 20 years. Actual Address is 7105 & 7109 Allentown Rd. Fort Washington MD. "Invest in Success" : Corner Property at the High Traffic Intersection near 2 big shopping center and McDonald and Gas station etc. Welcome to your next investment opportunity. This prime property is located at the busy intersection of Allentown Road & Temple Hill Rd. with high traffic flow and great visibility. Its strategic location makes it a highly desirable destination for businesses, attracting customers from all around area. This property has been renovated 2 years ago to meet modern standards, with upgraded features that include new HVAV systems, new electric system and a newly paved parking lot etc. These upgrades and NNN Lease will reduce the maintenance cost dramatically for the new owner. The property generates an impressive net Rent income of $240,000 per year. This steady stream of income will come from the well qualified single tenant with 20 year long-term lease. Don't miss out on this rare opportunity to own a highly profitable property with outstanding prospects for future development.
Property Details
MLS #
MDPG2071636
Property Type
Commercial Sale
Listing Status
ACTIVE
Listing Price
$3,999,000
Year Built
1969
Lot Acreage
NA
Subdivision
City
FORT WASHINGTON
County
PRINCE GEORGES
Water Source
Public
Sewer
Public Sewer
Zoning
CGO
Exterior Details
Home Type
Parking
Parking Lot
Interior Details
Interior Space
sq ft
Heating
Natural Gas - Forced Air
Cooling
Electric - Central A/C
Hot Water
Natural Gas
Accessibility Features
Level Entry - Main,Ramp - Main Level
Financial Details
County Tax
$11,564.00
Special Tax Assessment
$0
Tax Year
2023
Total Assessment
$1,039,967
Total Taxes
$11,564
Listing Courtesy of
Listing Office
Giant Realty, Inc.
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