18234 Maugans Ave Hagerstown, MD 21740

Building Details

Year Built

1998

Listing agency Marcus & Millichap - Washington, D.C.

Listed by Dean Zang · License #MD 665335

Source Crexi

Added: Jun 2 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 5:21AM

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Investment Insights

Based on property information with market context.

This absolute NNN retail property is supported by a lease with 12 years remaining and annual CPI increases of 1.76%. The site is built on a 1.76-acre parcel and features interstate pylon signage, offering a dedicated presence for the operating business. The property was fully remodeled in 2018.

The location is directly off an I-81 interchange, with signage positioned for interstate visibility. Public remarks also cite 73,080 VPD and Placer.ai data indicating the site is within the top 11% of the entire chain.

For buyers seeking an institutional-style, net-leased retail asset, the combination of a remaining lease term and CPI-based annual increases is a core consideration. The operator is described as an experienced franchisee with 475+ units, and the property is presented as a fully remodeled asset intended to support ongoing retail operations under an absolute NNN structure.

Key Highlights

• Absolute NNN retail lease with 12 years remaining
• Annual CPI increases on lease
• 1.76‑acre parcel with interstate pylon signage directly off the I‑81 interchange

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FAQs

What type of property is this?

NNN property - Absolute NNN retail property on 1.76-acre parcel with interstate pylon signage and remodeled 2018 improvements.

Where is this nnn property located?

The property is located at 18234 Maugans Ave Hagerstown, MD.

What is the asking price?

The asking price for this property is $2,028,819.

What are key features of this property?

This property features: Absolute NNN retail lease with 12 years remaining; Annual CPI increases on lease; 1.76‑acre parcel with interstate pylon signage directly off the I‑81 interchange