10499 Campbell Blvd Nottingham, MD 21236
This exceptional investment opportunity presents a newly constructed, 5,027-square-foot Sheetz convenience store and gas station situated on a 1.85-acre lot in Nottingham, Maryland. The property boasts a prominent location at a signalized intersection with high visibility and dual access, experiencing a daily traffic count of 26,264 vehicles. This Sheetz location benefits from a 15-year NNN ground lease, commencing mid-September 2024, with a built-in rent increase of 7.5% in year six and subsequent 10% increases every five years thereafter. The lease provides seven five-year renewal options, ensuring long-term stability. The property's strategic location is further enhanced by its proximity to Greenleigh, a thriving 1,000-acre master-planned mixed-use community featuring over 3,300 residential units and 3.5 million square feet of commercial space. This rapidly growing Baltimore County submarket has seen a 28% population increase within a three-mile radius since 2000, with projected continued growth. The tenant, Sheetz, Inc., is a rapidly expanding, privately held convenience store chain with over 700 locations and $14 billion in revenue, providing investment-grade creditworthiness. The property offers a strong 5.25% cap rate and a net operating income (NOI) of $264,000. The asking price is $5,028,571. This is a rare opportunity to acquire a high-performing asset in a prime location with a secure, long-term lease. The property is ideally positioned to benefit from the continued growth and development in the surrounding area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.