Retail Sale-Leaseback with Furniture
1530 E Joppa Rd Towson, MD 21286
1530 E Joppa Rd, Towson, MD, 21286
Contact for pricing
For Sale
Contact for pricing
Towson, MD retail location offered in a sale-leaseback with an executed 20-year primary lease.
Days on Market103
Property Features for 1530 E Joppa Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Forged Real Estate
(610) 608-2621
Listed by
Marc Mandel · License #NJ
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 5:05PM Checked: Jul 21 at 5:05PM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
Holliday Fenoglio Fowler, L.P. (“HFF”), on behalf of Art Van Furniture (the “Tenant”) and Thomas H. Lee Partners (“Thomas H. Lee” or “Sponsor”), presents an opportunity to acquire a 1530 E Joppa Rd retail location currently branded as Gardiner Wolf Furniture as a sale-leaseback. Art Van Furniture will execute a 20-year primary lease upon close of escrow.
The tenant is bringing forward experience from its acquisition of Mid-Atlantic stores in November 2017, including Wolf Furniture and Levin Furniture, increasing its total store count to 176. Art Van Furniture will operate the store under its furniture and mattress retail brand.
The offering is positioned as an Art Van Furniture long-term commitment to the location through the 20-year primary lease term.
The tenant is bringing forward experience from its acquisition of Mid-Atlantic stores in November 2017, including Wolf Furniture and Levin Furniture, increasing its total store count to 176. Art Van Furniture will operate the store under its furniture and mattress retail brand.
The offering is positioned as an Art Van Furniture long-term commitment to the location through the 20-year primary lease term.
Key Highlights
- Towson, MD retail location offered as a sale‑leaseback
- Art Van Furniture to execute a 20‑year primary lease upon close of escrow
- Currently branded as Gardiner Wolf Furniture
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Towson, MD retail location offered in a sale-leaseback with an executed 20-year primary lease.
Where is this retail space located?
The property is located at 1530 E Joppa Rd Towson, MD.
What are key features of this property?
This property features: Towson, MD retail location offered as a sale‑leaseback; Art Van Furniture to execute a 20‑year primary lease upon close of escrow; Currently branded as Gardiner Wolf Furniture
