10 Year Lease: Gas Station & Convenience Store

825 W. Isabella Street Salisbury, MD 21801

825 W. Isabella Street, Salisbury, MD, 21801
825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801 825 W. Isabella Street, Salisbury, MD, 21801
FOR SALE
Property Type:
Other Hospitality
Amount:
$500,000
Last Verified:
Oct 07, 2024

Daily Email Blast
0 times


Highlights

  • 10 Year NNN lease in place with experienced operator
  • Only Landlord expense is 1/2 the property taxes
  • Phase 1 Environmental completed/passed in 2017
  • No fuel distribution agreement in place
  • Tenant holds all licenses (alcohol/lottery) with no Landlord obligation
  • 10,000 gallon tanks
  • 2 additional lots with separate addresses
  • 3% annual increases begin June 2024

Description

Well trafficked Gas Station and C-Store

Located .3 miles off of Business Rt. 50


Year Built: 1964
Building Size: 1599sq ft
Lot Size: 1.09 acres


Documents

Phase 1
KhatanaRealEstateLeaseAgreement.pdf
NEW - Brochure (P)

Map of 825 W. Isabella Street, Salisbury, MD, 21801

Presented by:
SVN | Miller Commercial Real Estate

Request additional information
Andrew Ball


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.