Restaurant Under Triple Net
For Sale
Contact for pricing
12 Broad St, Berlin, MD 21811
Triple net leased restaurant in historic Berlin, Maryland with two three-year renewal options and 3% annual rent increases.
Property SizeContact for details
Days on Market267
Property Features for 12 Broad St
General Information
Standard status
Active
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
Rinnier Development Company
(410) 742-8151
Listed By:
Blair Rinnier
(410) 742-8151
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Aug 17
Last Checked: Aug 19 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Company
Investment Insights
Based on property information with market context.
The Globe is a restaurant property leased under a triple net (NNN) structure to an operating restaurant operator. The current lease term is three years, with two additional three-year options to renew.
The tenant operates the concept “Oaked at The Globe.” The annual rent increases by 3% each year under the terms of the lease.
The property is located at 12 Broad St in Berlin, Maryland. Additional property details can be provided with appropriate coordination.
The tenant operates the concept “Oaked at The Globe.” The annual rent increases by 3% each year under the terms of the lease.
The property is located at 12 Broad St in Berlin, Maryland. Additional property details can be provided with appropriate coordination.
Key Highlights
- Triple net (NNN) lease to a restaurant operator
- Three‑year lease term with two three‑year renewal options
- Annual rent increases by 3% each year
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21811, MD
23,907
Population
15,439
Households
1.5
Avg Household Size
52
Median Age
36%
College-Educated
94%
High-School Grad
101.5 sq mi
ZIP Area
236
Density / Sq Mi
$91,293
Median Household Income
$49,929
Median Earnings
$1,398
Median Rent
$362,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Triple net leased restaurant in historic Berlin, Maryland with two three-year renewal options and 3% annual rent increases.
Where is this conventional restaurant located?
The property is located at 12 Broad St Berlin, MD.
What is the asking price?
The asking price for this property is $1,440,000.
What are key features of this property?
This property features: Triple net (NNN) lease to a restaurant operator; Three‑year lease term with two three‑year renewal options; Annual rent increases by 3% each year
