Redeveloped Sheetz NNN Ground
For Sale
Contact for pricing
Pending
400 W Padonia Road, Lutherville Timonium, MD 21093
Recently redeveloped Sheetz sits on an approximately 1.48-acre parcel with a 20-year triple-net ground lease.
Property Size6,100 SF
Lot Size1.48 Acres
Days on Market31
Property Features for 400 W Padonia Road
General Information
Standard status
Pending
Size
6,100 SF
Lot size
1.48 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Year Renovated
2018
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Jul 21
Changed: Aug 16
Last Checked: Aug 19 at 9:24PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an exclusive listing for a Sheetz property located at 400 W Padonia Road in Lutherville-Timonium, Maryland. The site was redeveloped in 2018 and includes approximately 6,100 rentable square feet of building space on an estimated 1.48-acre parcel.
The property is subject to a brand new 20-year triple-net (NNN) ground lease, which commenced on June 29, 2018. The initial rent is $306,000, with 7.5% increases occurring every five years. The lease also includes seven (7) tenant renewal options of five years each, which extend the total possible lease term to 55 years.
The property is subject to a brand new 20-year triple-net (NNN) ground lease, which commenced on June 29, 2018. The initial rent is $306,000, with 7.5% increases occurring every five years. The lease also includes seven (7) tenant renewal options of five years each, which extend the total possible lease term to 55 years.
Key Highlights
- Sheetz at 400 W Padonia Road, Timonium, MD, with a recently redeveloped site (2018)
- Approximately 6,100 rentable SF building on an estimated 1.48‑acre parcel
- Brand new 20‑year triple‑net (NNN) ground lease commenced June 29, 2018
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,647
Businesses Nearby
321k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 29%
Superstores 24%
Dining 19%
Home Improvements & Furnishings 13%
Sam's Club
Superstores
78,533 visits/mo
0.3 miles
Royal Farms
Shops & Services
46,172 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
40,064 visits/mo
0.3 miles
Chili's Grill & Bar
Dining
22,331 visits/mo
0.1 miles
Aldi
Groceries
20,561 visits/mo
0.5 miles
Demographics for 21093, MD
38,677
Population
16,313
Households
2.4
Avg Household Size
47
Median Age
68%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
1,915
Density / Sq Mi
$121,771
Median Household Income
$70,188
Median Earnings
$1,581
Median Rent
$466,200
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?
NNN property - Recently redeveloped Sheetz sits on an approximately 1.48-acre parcel with a 20-year triple-net ground lease.
Where is this nnn property located?
The property is located at 400 W Padonia Road Lutherville Timonium, MD.
What are key features of this property?
This property features: Sheetz at 400 W Padonia Road, Timonium, MD, with a recently redeveloped site (2018); Approximately 6,100 rentable SF building on an estimated 1.48‑acre parcel; Brand new 20‑year triple‑net (NNN) ground lease commenced June 29, 2018
