5960 BELAIR Rd Baltimore, MD 21206
Shadow-anchored retail center 100% pre-leased to national tenants.
Property Features for 5960 BELAIR Rd
General Information
- Standard status
- Active
- Size
- 12,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2016
Listing office Cummings & Co. Realtors (410) 688-5285
Listing date Apr 24, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- 100% Leased Retail Center providing immediate income
- Strong Tenant Roster anchored by PNC and Dollar Tree, both having exercised renewal options
- Newly Constructed in 2016, minimizing immediate capital expenditure needs
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $230.4k | $18.00 |
| − Vacancy | −$24.2k | −$1.89 |
| EGI | $206.2k | $16.11 |
| − OpEx | −$61.9k | −$4.83 |
| NOI | $144.3k | $11.28 |
Alternative Uses
Property Analytics
Current Use by Public Records
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