9111 Belair Rd, Nottingham, MD
Retail for Sale - $725,000 - 3,240 Sq. Ft. on 0.35 acres
Property Info
CIMLS# | 1030324 |
Location 9111 Belair Rd Nottingham MD 21236 | |
Updated | November 1st, 2018 |
Type | Retail |
Price | $725,000 |
Building | 3,240 Sq. Ft. |
Land | 0.35 acres |
Property 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 & Papa Johns at a low price point. The property attracts over 27,000 VPD, and has accommodation for 30 vehicles on site. 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. 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.