Absolute NNN Bank
For Sale
Contact for pricing
576 Ritchie Highway, Severna Park, MD 21146
Fee simple interest leased to First National Bank on an Absolute NNN basis with zero landlord obligations.
Property SizeContact for details
Days on Market121
Property Features for 576 Ritchie Highway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 5:03AM
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 The Kase Group
Investment Insights
Based on property information with market context.
Fee simple interest offered as an Absolute NNN leased First National Bank. The tenant is under a long-term 20-year lease with 16 years remaining on the initial term, and the lease provides for zero landlord obligations.
The lease includes four 5-year renewal options, with rent increases scheduled at 10% every five years. The property is located on a major commercial thoroughfare at 576 Ritchie Highway in Severna Park, Maryland, and is surrounded by national retailers.
The lease includes four 5-year renewal options, with rent increases scheduled at 10% every five years. The property is located on a major commercial thoroughfare at 576 Ritchie Highway in Severna Park, Maryland, and is surrounded by national retailers.
Key Highlights
- Fee simple interest leased to First National Bank on an Absolute NNN basis with zero landlord obligations
- 20‑year lease structure with 16 years remaining on the initial term
- Includes four 5‑year tenant renewal options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,192
Businesses Nearby
480k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 27%
Apparel 11%
Groceries 9%
Kohl's
Apparel
53,042 visits/mo
0.1 miles
Chick-fil-A
Dining
50,494 visits/mo
0.3 miles
Giant
Groceries
42,687 visits/mo
0.1 miles
Royal Farms
Shops & Services
29,850 visits/mo
0.3 miles
McDonald's
Dining
25,304 visits/mo
0.3 miles
Demographics for 21146, MD
28,593
Population
10,329
Households
2.8
Avg Household Size
43
Median Age
60%
College-Educated
96%
High-School Grad
10.1 sq mi
ZIP Area
2,831
Density / Sq Mi
$169,835
Median Household Income
$87,575
Median Earnings
$1,619
Median Rent
$643,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fee simple interest leased to First National Bank on an Absolute NNN basis with zero landlord obligations.
Where is this nnn property located?
The property is located at 576 Ritchie Highway Severna Park, MD.
What are key features of this property?
This property features: Fee simple interest leased to First National Bank on an Absolute NNN basis with zero landlord obligations; 20‑year lease structure with 16 years remaining on the initial term; Includes four 5‑year tenant renewal options
