3135 Joseph Biggs Memorial HwyNorth East, MD 21901
- Strip malls
- 23,544 SF
Property Details for 3135 Joseph Biggs Memorial Hwy
- Year built
- 2010
- Construction
- WOOD
- Lot size
- 2.50 AC
- Property size (Sq ft)
- 23,544 SF
- Zone code
- BG
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 05-106494
- APU
- 5106494
Description
College Crossing, a fully leased 24,000 square foot shopping center in North East, Maryland, presents a compelling investment opportunity. Located at 3135 Joseph Biggs Memorial Hwy, 21901, this multi-tenant retail property boasts a 100% occupancy rate, generating a substantial Net Operating Income (NOI) of $416,537 and a 6.50% capitalization rate. The asking price is $6,408,266, translating to a price per square foot of $267.01. Benefiting from its strategic location just off I-95 and directly across from Cecil College, the center enjoys high visibility and strong traffic flow. The diverse tenant mix contributes to the property's consistent performance and stable income stream. This property is part of a portfolio of two retail centers, offering the potential for individual or package purchase. The lease type is Net. Further details are available upon request and execution of a confidentiality agreement. Please refrain from contacting or disturbing the tenants.
Location Insight
- City
- North East
- County
- Cecil
- State
- Maryland
- Latitude
- 39.6416
- Longitude
- -75.9603
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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