614 Philadelphia BlvdAberdeen, MD 21001

This Aberdeen, MD, auto shop presents a compelling value-add investment opportunity. The property features a 3,289 square foot, single-tenant building on a 0.84-acre lot, currently occupied by a credit-rated tenant under a 24-year Net-Net lease with 4.6 years remaining and four 5-year renewal options (rent increases capped at 15% or CPI, whichever is less). The lease commenced July 1, 2005, and expires July 1, 2029. The building, constructed in 2005, boasts 100% occupancy and generates a Net Operating Income (NOI) of $82,039, resulting in a 4.97% capitalization rate. The asking price is $1,650,000 ($501.67 per square foot). A significant advantage is the inclusion of a fully prepared, adjacent pad site ready for immediate development, adding substantial upside potential. The property is zoned B3 and benefits from a high traffic count (34,000+ vehicles daily) in a densely populated area (over 45,600 people within a five-mile radius), surrounded by major retailers including 7-Eleven, McDonald's, Lidl, Walmart, Wawa, Royal Farms, AutoZone, and Domino's Pizza. The corporate guarantee and strategic location make this a highly attractive investment. An additional 1+ acre of land behind the site is also available for separate purchase.