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Auction Highlights Home  > Fully Occupied 5-Unit Strip Center in Dundalk

 Fully Occupied 5-Unit Strip Center in Dundalk  

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Item Description
Located on the highly trafficked Wise Ave. in Dundalk, this auction is an excellent opportunity to purchase a cash producing asset with solid tenants and 3% annual rental increases. The units are occupied by Quiznos Sub, Katz Insurance Agency, Super Nails, Liberty Tax and Little Caesars Pizza. The single story, 5-unit strip center was constructed in 2008 and is in excellent condition. The building is 6,100 SF and sits on a 21,868 SF lot that contains 31 parking spaces. Tenants reimburse pro rata share of CAM. 3% annual rental increases.
Sale Details
Sold For: $1,758,750.00
On: Apr 26, 2012
City: Dundalk
State: MD
Seller Information
Auctioneer: Matt Cooper
Company: Alex Cooper Auctioneers