Secured Port Parking
For Sale
Contact for pricing
1940 Chesapeake Ave, Baltimore, MD 21226
Paved, fenced, lighted parking facility with absolute NNN lease structure and continuous professional security coverage.
Property SizeContact for details
Days on Market145
Property Features for 1940 Chesapeake Ave
General Information
Standard status
Active
Property subtype
Retail, Land, Industrial
Listing Agency:
Fortis Net Lease
Listed By:
Abraham Leon · License #MI 6501374239
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 5:44PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This 5.5-acre fee-simple parking facility serves port-related vehicle operations and is configured for secured outdoor storage. The site is paved, fenced, illuminated, monitored by high-resolution CCTV, and protected by 24-hour professional guard service.
The property is located within the Port of Baltimore and supports access to maritime and rail infrastructure. CSX rail service includes 7 track sets capable of receiving up to 46 railcars, with 3 nearby track sets providing capacity for an additional 40 railcars. A public deep-water berth is also available for use if needed.
The property is subject to a 15-year absolute NNN lease with 5% rental increases every 5 years, plus two 5-year renewal options with 5% rental increases. The lease is corporately guaranteed by AMPORTS, Inc., which operates 7 US port facilities and 3 additional facilities in Mexico.
The property is located within the Port of Baltimore and supports access to maritime and rail infrastructure. CSX rail service includes 7 track sets capable of receiving up to 46 railcars, with 3 nearby track sets providing capacity for an additional 40 railcars. A public deep-water berth is also available for use if needed.
The property is subject to a 15-year absolute NNN lease with 5% rental increases every 5 years, plus two 5-year renewal options with 5% rental increases. The lease is corporately guaranteed by AMPORTS, Inc., which operates 7 US port facilities and 3 additional facilities in Mexico.
Key Highlights
- 5.5‑acre fee‑simple parking facility within the Port of Baltimore
- 15‑year absolute NNN lease with 5% rental increases every 5 years
- Two 5‑year renewal options, each with 5% rental rate increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 21226, MD
7,368
Population
3,093
Households
2.4
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
752
Density / Sq Mi
$79,712
Median Household Income
$52,750
Median Earnings
$1,338
Median Rent
$318,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Paved, fenced, lighted parking facility with absolute NNN lease structure and continuous professional security coverage.
Where is this nnn property located?
The property is located at 1940 Chesapeake Ave Baltimore, MD.
What are key features of this property?
This property features: 5.5‑acre fee‑simple parking facility within the Port of Baltimore; 15‑year absolute NNN lease with 5% rental increases every 5 years; Two 5‑year renewal options, each with 5% rental rate increases
