National Tire & Battery

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Patrick Hammond

Senior Director

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PROPERTY ADDRESS

1649 LIBERTY ROAD, ELDERSBURG, MD 21784

PROPERTY INFORMATION

Price:
$3,625,000
Cap Rate:
5.10%
Term Remaining:
14 years Years
Year Built:
2018
Status:
Available

INVESTMENT HIGHLIGHTS

  • New 6,832 SF National Tire & Battery Store Located on .84 Acres
  • Ideally Located Next to Advance Auto Parts and a Walmart Anchored Retail Center | Situated in a Major Retail Corridor
  • Five, Five Year Options with 10% Rent Bumps Every Five Years Including Each Option
  • Corporate Guarantee by TBC Corporation | One of the Nation’s Largest Distributors of Automotive Tires and a Subsidiary of Sumitomo Corporation of America (S&P: A-)
  • 10 Mile Population Exceeds 245,000 Residents | 2.14% Projected Population Growth by 2023
  • 5 Mile Average Household Income Exceeds $135,000