19707 Germantown Rd Germantown, MD 20874
Germantown, MD: High-yield Bank investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- Bank of America corporate guaranteed net lease.
- 3,380 SF retail building on a 46,373 SF lot in Germantown, MD.
- $5,675,000 asking price, 6.25% cap rate, $1,678.99/SF.
- Absolute NNN lease with zero landlord responsibilities.
- 9.1 years remaining on a 36-year lease with 10 one-year options; 3-4% annual rent increases.
- 100% occupancy since 1998; $354,900 annual NOI.
Property Details for 19707 Germantown Rd
- Property type
- Retail properties, Banks
- Square Feet
- 3,380 SF
- Year Built
- 1998
- Buildings
- 1
- Stories
- 1
- Units
- 1
Location Insight
- City
- Germantown
- County
- Montgomery
- State
- Maryland
- Latitude
- 39.178874310225
- Longitude
- -77.266345741439
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Germantown, MD: High-yield Bank investment
- Where is the retail property located?
- The property is located at 19707 Germantown Rd Germantown, MD.
- What is the asking price?
- The asking price for this property is $5,675,000.
- What are key features of this property?
- This property features: Bank of America corporate guaranteed net lease.; 3,380 SF retail building on a 46,373 SF lot in Germantown, MD.; $5,675,000 asking price, 6.25% cap rate, $1,678.99/SF.
- How can I contact the broker?
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