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Fully Leased Shopping Center Directly Across from Pimlico Race Course

SOLD for $1,100,000

5262-76 Park Heights Ave., Baltimore, MD 21215
List Price: $1,150,000

Front View

Seven unit shopping center directly across from Pimlico Race Course with busy road frontage on Park Heights Avenue.  The center is fully leased with long term tenants that have a strong rental history.  The current annual NOI is $116,000.

The building is in well maintained condition and has three large signs prominently displayed off Park Heights Avenue.   Many of the tenants pay CAM costs and have annual rent increases built into their lease agreement.

Rent roll and full copies of the leases are available upon request.  The asking price is $1,150,000.

Matthew Cooper Sales Agent
The information contained herein was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.