Property Details

CVS/Pharmacy

Columbia, MD
Property ID: 3598

Financial Summary

Asking Price $5,475,000
Cap Rate 4.75%
Net Operating Income (NOI) $260,000
Lease Type Ground Lease
Lease Term Remaining 25 Years
The Offering Memorandum for this property is no longer available.

Contact

Jonathan W. Hipp
President & CEO
703.787.4725

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Highlights

  • Brand new construction - opening August 2017
  • Long term lease with five, 5-year options to renew
  • 12% rent increase with first renewal, 8% thereafter

Net Lease Advisor

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Location


Columbia, MD

Traci BidingerCVS/Pharmacy