Redeveloped Sheetz NNN Ground
400 W Padonia Road Lutherville Timonium, MD 21093
New
400 W Padonia Road, Lutherville Timonium, MD, 21093
Contact for pricing
For Sale
Contact for pricing
Pending
Recently redeveloped Sheetz sits on an approximately 1.48-acre parcel with a 20-year triple-net ground lease.
Property Size6,100 SF
Lot Size1.48 Acres
Days on Market2
Property Features for 400 W Padonia Road
General Information
- Standard status
- Pending
- Size
- 6,100 SF
- Lot size
- 1.48 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Jul 21 Updated: Jul 22 at 11:00AM Checked: Jul 22 at 11:00AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an exclusive listing for a Sheetz property located at 400 W Padonia Road in Lutherville-Timonium, Maryland. The site was redeveloped in 2018 and includes approximately 6,100 rentable square feet of building space on an estimated 1.48-acre parcel.
The property is subject to a brand new 20-year triple-net (NNN) ground lease, which commenced on June 29, 2018. The initial rent is $306,000, with 7.5% increases occurring every five years. The lease also includes seven (7) tenant renewal options of five years each, which extend the total possible lease term to 55 years.
The property is subject to a brand new 20-year triple-net (NNN) ground lease, which commenced on June 29, 2018. The initial rent is $306,000, with 7.5% increases occurring every five years. The lease also includes seven (7) tenant renewal options of five years each, which extend the total possible lease term to 55 years.
Key Highlights
- Sheetz at 400 W Padonia Road, Timonium, MD, with a recently redeveloped site (2018)
- Approximately 6,100 rentable SF building on an estimated 1.48‑acre parcel
- Brand new 20‑year triple‑net (NNN) ground lease commenced June 29, 2018
Property Analytics
Location Intelligence
Current Use by Public Records
Flagship Carwash
Car Wash
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FAQs
What type of property is this?
NNN property - Recently redeveloped Sheetz sits on an approximately 1.48-acre parcel with a 20-year triple-net ground lease.
Where is this nnn property located?
The property is located at 400 W Padonia Road Lutherville Timonium, MD.
What are key features of this property?
This property features: Sheetz at 400 W Padonia Road, Timonium, MD, with a recently redeveloped site (2018); Approximately 6,100 rentable SF building on an estimated 1.48‑acre parcel; Brand new 20‑year triple‑net (NNN) ground lease commenced June 29, 2018
