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131 Vfw Avenue

GRASONVILLE, MD 21638
  • $2,900,000
  • STATUS: Active
  • ON SITE: 182 Days
  • ID#: MDQA2003040
UPDATED: 221 min ago
$2,900,000
  • 0
    BEDS
  • 1.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2018
County:

School Ratings & Info

Description

Fantastic opportunity for an Absolute NNN investment right along Route 50 with a national tenant. Tenant has history of successful Denny's operations, with 15 years remaining (plus two, 5-year options) on current lease. Rent includes scheduled increases, along with percentage rent over break point. Over 70,000 vehicles pass this location every day. This is a great opportunity for a strong, stable investment in an uncertain market!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-26T23:50:21.04.
www.locomusings.com/homes/127131510
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131 Vfw Avenue GRASONVILLE, MD 21638

  • Price: $2,900,000
  • Status: Active
  • On Site: 182 Days
  • Updated: 221 min ago
  • ID#: MDQA2003040
0
Beds
0
Baths
0
½ Baths
1.8
Acres
2018
Built
County:
Queen Annes
School District:
Queen Anne's County Public Schools
Property Description
Fantastic opportunity for an Absolute NNN investment right along Route 50 with a national tenant. Tenant has history of successful Denny's operations, with 15 years remaining (plus two, 5-year options) on current lease. Rent includes scheduled increases, along with percentage rent over break point. Over 70,000 vehicles pass this location every day. This is a great opportunity for a strong, stable investment in an uncertain market!
Exterior Features

Construction Materials Other Garage YN No Location Type Highway Parking Features Paved ParkingLighted ParkingPrivate Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4320.00 Cooling Central A/C Heating Heat Pump(S) Heating YN Yes Net Square Feet 78408.00

Property Features

Accessibility Features Level Entry - MainDoors - Lever Handle(S)Entry Slope <1'No Stairs Assessment Year 2022 Business Type Restaurant/Bar Central Air YN Yes Construction Completed YN No Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Municipality Grasonville Navigable Water YN N Net Operating Income 146300.00 New Construction YN Yes Number Of Units Total 1 Original MLSNumber 801432885932 Owner Pays None Ownership Interest Fee Simple Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 19304.00 Tax Assessment Amount 2049300.00 Tax Lot 768 Vacation Rental YN No Water Source Public Zoning Uc Zoning Description The Urban Commercial (Uc) District is intended To Provide Primarily For A Variety Of Commercial And Limited Light industrial Use

Listing courtesy of Svn/Miller Commercial Real Estate: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-26T23:50:21.04.
 
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LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176