Building Details

Buildings 2

Listing Agency: CBRE - Philadelphia Suburban m***@cbre.com Show Phone

Listed By: Michael Shover · License #PA RS297166

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:23PM

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Investment Insights

Based on property information with market context.

This offering includes two restaurant properties positioned together at 1918 Belair Rd in Fallston, Maryland. The portfolio consists of The Local, a 3,600-square-foot restaurant, and an adjacent Waffle House measuring 1,875 square feet.

Key Highlights

• Two restaurant properties included in one offering
• The Local restaurant contains 3,600 square feet
• Adjacent Waffle House measures 1,875 square feet

Property Analytics

Property Profile

Current Use

The Local Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Storage Facility Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

456

Businesses Nearby

274k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 41% Shops & Services 26% Dining 24% Home Improvements & Furnishings 9%

Walmart Superstores

111,989 visits/mo 0.2 miles

Wawa Shops & Services

39,887 visits/mo 0.5 miles

Harvest Fare Ace Home Improvements & Furnishings

25,332 visits/mo 0.4 miles

Royal Farms Shops & Services

18,355 visits/mo 0.0 miles

Dunkin' Donuts Dining

14,844 visits/mo 0.1 miles

Demographics for 21047, MD

12,876

Population

4,925

Households

2.6

Avg Household Size

47

Median Age

53%

College-Educated

98%

High-School Grad

22.5 sq mi

ZIP Area

572

Density / Sq Mi

$154,524

Median Household Income

$72,609

Median Earnings

$2,482

Median Rent

$516,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant portfolio comprising two adjacent dining properties in Fallston, Maryland.

Where is this conventional restaurant located?

The property is located at 1918 Belair Rd Fallston, MD.

What are key features of this property?

This property features: Two restaurant properties included in one offering; The Local restaurant contains 3,600 square feet; Adjacent Waffle House measures 1,875 square feet