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Gas Station with Lease Options
New
For Sale
$3,995,000

20215 Professional Blvd, Hagerstown, MD 21742

Four five-year extension periods accompany a lease guarantee from Carroll Independent Fuel LLC.

Property Size3,500 SF
Days on Market3

Property Features for 20215 Professional Blvd

General Information

Standard status Active
Size 3,500 SF
Property subtype Retail

Additional Details

Tenant in Place Yes

Building Details

Building Size 3,500 SF
Year Built 2014
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Andrew Fallon · License #RSR006585
Source: Srsre
Added: Nov 4 Last Checked: Nov 6 at 5:02AM

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 SRS Real Estate Partners - Global Company

Rey
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Investment Insights

Based on property information with market context.

Built in 2014, this gas station is offered for sale with a lease backed by Carroll Independent Fuel LLC. The current term has more than two years remaining, followed by four options to extend for five years each.

Key Highlights

  • Lease guarantee from Carroll Independent Fuel LLC
  • More than 2 years remain on the current lease term
  • Four options to extend for 5 years each

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Repair Shop Law Firm Big Box & Wholesale 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

8
Businesses Nearby

Demographics for 21742, MD

33,069
Population
14,099
Households
2.3
Avg Household Size
42
Median Age
30%
College-Educated
90%
High-School Grad
46.5 sq mi
ZIP Area
711
Density / Sq Mi
$80,533
Median Household Income
$45,717
Median Earnings
$1,267
Median Rent
$280,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Gas station - Four five-year extension periods accompany a lease guarantee from Carroll Independent Fuel LLC.
Where is this gas station located?
The property is located at 20215 Professional Blvd Hagerstown, MD.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Lease guarantee from Carroll Independent Fuel LLC; More than 2 years remain on the current lease term; Four options to extend for 5 years each
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