9111 Belair Rd, Nottingham , MD, 21236

9111 Belair Rd Nottingham , MD 21236

9111 Belair Rd, Nottingham , MD, 21236
9111 Belair Rd, Nottingham , MD, 21236
FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$725,000
Last Verified:
Jan 29, 2019


Description

Coldwell Banker Commercial NRT is pleased to announce the exclusive sale of 9111 Belair Rd, Nottingham, MD 21236. The property is a rare opportunity to own a free standing retail - office building located to close proximity to McDonald's (Located across 9111 Belair Rd) & Papa Johns (Located next to 9111 Belair Rd) at a low price point. The property attracts over 27,000 VPD, and has accommodation for 30 vehicles on site. Unlike most properties located in Nottingham that have recently traded with building ages ranging from 1950-1980s, 9111 Belair Rd was built in 1995. The property currently leased to multiple tenants that have long lease history. Currently 1,000 SF of retail space is available for lease which can be leased to other tenants or be used as an owner user space, perfect for a small business to occupy while collecting rent rolls from supporting tenants. Value add opportunity though lease up. $15,000 annual rent from Suite B&D, $58,056 Potential NOI, 8% Cap Rate through lease up phase.

Currently Suite B & D are available for lease. The suites can be leased individually, or contiguous for a larger tenant. The space can be also used as an owner user space if the purchaser chooses to do so. The current space is perfect for either a retail or office user.

Property Mix
Office: 1,620 SF (50.0%)
Retail: 1,620 SF (50.0%)

Parking: 30 free Surface Spaces are available
Frontage: 38' on Belair Rd (with 1 curb cut)

Walk Score®: Somewhat Walkable (66)
Transit Score®: Minimal Transit (8)

Commuter Rail:
Martin State Airport Commuter Rail (Penn Line): 13 min (Drive Time) 8.1 mi

Airport:
Baltimore-Washington International Airport: 32 min (Drive Time) 23.8 mi


Year Built: 1995
Building Size: 3240.0sq ft
Lot Size: 0.35 acres

Units for Lease

9111 Belair Rd - B
Space Available: 500 SF
Lease Type: NNN

Price Per Sqft/Year: $15.0 - $24.0
9111 Belair Rd - D
Space Available: 500 SF
Lease Type: NNN

Price Per Sqft/Year: $15.0 - $24.0

Map of 9111 Belair Rd, Nottingham , MD, 21236

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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