Created date: September 20, 2024
Date last updated: November 27, 2024
Property Description
Located along the bustling thoroughfare of 6200 Harford Rd, Baltimore, MD 21214, this property features two units under a double net (NN) lease structure with established long-term contracts, presenting a robust investment opportunity. The NN lease setup ensures stable income streams, with tenants responsible for property taxes and insurance, minimizing financial obligations for the property owner. Each unit provides flexible rental income, supported by long-term leases that reduce vacancy risks.Strategically positioned along this major road, the property benefits from high visibility and accessibility, attracting a diverse community and ensuring steady demand for local retail and service businesses. Nearby banks and ATMs provide convenient financial services for tenants and customers, enhancing the property's appeal and supporting potential business expansions in the area.In summary, 6200 Harford Rd offers a compelling investment opportunity with its stable income from long-term leases, strategic location along a major road, and accessibility to essential financial services. These factors position the property favorably for steady rental income and potential growth, making it an attractive option for investors seeking reliable returns in Baltimore's real estate market.**********Located at 5109 York Road, Baltimore, MD 21212, this multifamily property offers a prime investment opportunity with three fully-leased units under double net (NN) lease agreements. The property benefits from long-term contracts with stable tenants, ensuring consistent rental income and reduced landlord responsibilities. Strategically positioned near prominent institutions such as Loyola University Maryland, Morgan State University, MedStar Good Samaritan Hospital, and Johns Hopkins Hospital, these nearby universities and hospitals drive significant foot traffic, enhancing business potential for retail tenants.Moreover, the property is well maintained, reflecting its upkeep and enhancing tenant satisfaction and property value. Additionally, it features amenities such as a drive-through and teller window, valuable assets for retail tenants seeking convenient customer access. The property's location near bus stations and a light rail station improves accessibility for tenants and customers alike. With 25 parking spaces available, the property provides ample parking for tenants and visitors. The combination of educational institutions, medical facilities, and robust public transportation options presents ample opportunities for retail tenants, potentially increasing the property’s value and appeal. This investment promises stability and potential growth, making it a valuable addition to any portfolio.
*****The retail and office property at 5900 York Road, Baltimore, MD 21212, offers compelling investment highlights. Situated on a prominent thoroughfare with high visibility and accessibility, the property benefits from a diverse surrounding area encompassing residential, retail, and commercial developments, ensuring consistent foot traffic and customer demand. Key nearby amenities include major banks such as PNC Bank, Wells Fargo Bank, and Bank of America, alongside popular grocery stores like Giant Food, ALDI, and The Fresh Market, and prominent shopping centers such as The Rotunda Shopping Center, Towson Town Center, and Mondawmin Mall. This mixed-use property features a versatile layout comprising office spaces equipped with a receptionist area, director's office, multiple employee offices, conference rooms, storage areas, and common areas. The property operates under a double net lease, providing stability and predictable income streams for investors.Strategically, the property presents significant opportunities for value enhancement through targeted renovations and operational improvements. By enhancing tenant spaces and upgrading amenities, including its comprehensive office setup, the property can attract higher-paying tenants, thereby increasing rental income and overall property value. Effective property management practices will optimize operational efficiency, leading to reduced expenses and increased Net Operating Income (NOI). Positioned within a robust and growing Baltimore market characterized by strong economic fundamentals and increasing consumer spending, the property is well-positioned to deliver attractive long-term returns for investors looking to capitalize on the region's ongoing development and commercial activity.*********6515 Belair Road, Baltimore, MD 21206, is a strategically located commercial property offering approximately 25,000 SF of land area along Belair Road, a prominent thoroughfare in Baltimore. The property boasts 40 parking spaces, 180 feet of frontage on Belair Rd, and features such as pylon signage availability, a 15-foot entrance fronting Belair Rd, and 90 feet of display windows along Belair Rd. Additionally, the property includes a warehouse of approximately 7,400 Sqft with a drive-in door and comprises two units: one retail unit currently leased by No Limit Incorporated and one vacant office space. Situated across from the United States Postal Office and amidst a blend of residential and commercial developments, the property benefits from its advantageous location along this busy road, ensuring high visibility and easy accessibility via major transportation routes.