Main St Whiteford, MD 11402
- Retail properties
- 26,396 SF
Current Use by Public Records
- Retail properties
Property Details for Main St
- Year built
- 1976
- Property size
- 26,396 SF
- Property type
- Retail properties
Description
This exceptional retail investment opportunity presents a 26,396 square foot shopping center strategically located on Main Street in Whiteford, Maryland. The property comprises five individual retail stores within a larger mall structure, offering a diverse tenant mix and strong potential for future growth. Currently operating under an absolute NNN lease agreement, this property provides a passive income stream with minimal landlord responsibilities. The current occupancy rate is 85%, indicating a stable and established tenant base. The absence of any office space within the property further simplifies management and reduces overhead. The property's prime location on Main Street ensures high visibility and accessibility for customers, contributing to its strong performance. This is an ideal investment for those seeking a low-maintenance, high-return retail property in a thriving Maryland market. The asking price of $2,290,000 reflects the property's significant value and potential for long-term appreciation. The property sits on a lot with no acreage, maximizing the usable space for retail operations. This turnkey investment requires minimal effort to manage and offers a compelling opportunity for immediate income generation and future growth. Serious inquiries are encouraged to explore this exceptional retail investment opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whiteford
- County
- Out of Area
- State
- Maryland
- Longitude
- -76.3458
- Latitude
- 39.7092