For Sale
$7,108,669
2525 Augustine Herman HwyChesapeake City, MD 21915
Chesapeake City Retail Center - 100% Leased
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 122
Highlights
- Prime retail investment opportunity in South Village, Chesapeake City, MD.
- Fully leased 29,000 square foot shopping center with four buildings, including one with a drive-through.
- Strong NOI of $462,063 and a 6.5% capitalization rate.
- Asking price: $7,108,669 ($245.13/sq ft).
- 100% occupancy with a diverse tenant mix.
- Strategically located on Augustine Herman Hwy, south of the C&D Canal.
Property Details for 2525 Augustine Herman Hwy
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 29,000 SF
Location Insight
- City
- Chesapeake City
- County
- Cecil
- State
- Maryland
- Latitude
- 39.520519239514
- Longitude
- -75.818433575654
2525 Augustine Herman Hwy, Chesapeake City, Maryland
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Chesapeake City Retail Center - 100% Leased
- Where is the lifestyle center located?
- The property is located at 2525 Augustine Herman Hwy Chesapeake City, MD.
- What is the asking price?
- The asking price for this property is $7,108,669.
- What are key features of this property?
- This property features: Prime retail investment opportunity in South Village, Chesapeake City, MD.; Fully leased 29,000 square foot shopping center with four buildings, including one with a drive-through.; Strong NOI of $462,063 and a 6.5% capitalization rate.
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