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Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $10,262
Days Active 0
Approx. Age 2005
MLS® Number MDHR2048060

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Precision Tune Auto Service Station plus adjacent pad site located in Aberdeen, MD just 30 miles North of Baltimore City. Custom built by landlord for tenant in 2005, the property consists of a freestanding building with a Gross Leasable Area (GLA) of 3, 289 square feet situated on a .84-acre lot zoned B3. Precision Tune occupies roughly 1/2 of this lot and the other 1/2 is a paved pad site ready to go for another free standing building of similar size. Precision Tune is paying $82, 039/yr on a corporately guaranteed, Double-Net (NN) lease with 4 years remaining on their 1st of (5) 5yr renewal options. (July 2029 expiration). They have 4 remaining options to renew with 15% increases or CPI whichever is less. The paved pad site next door to the Precision Tune is included and tenant ready with utilities, curb cuts, and storm water management in place. The lease is guaranteed by PTAC which is owned by parent company Icahn Automotive Group LLC. A developer can connect this large lot to the front pad site to create a large retail site with frontage & signage on Philadelphia Blvd.Show Description
MLS® NumberMDHR2048060
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther, Other Fuel
A/COther, Other Fuel
Heating Fuel

Extras

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