3901 Pulaski Hwy Abingdon, MD 21009-1411
- Grocery and convenience stores
- 3,000 SF
- 2.00 lot acres
Current Use by Public Records
- 7-Eleven / Convenience Store
- ATM (7-Eleven) / Atm
- Western Union / Money Transfer Service
Property Details for 3901 Pulaski Hwy
- Year built
- 2002
- Construction
- BRICK
- Lot size
- 2.00 lot acres
- Property size
- 3,000 SF
- Zone code
- B3
- Property type
- Grocery and convenience stores
- APN
- 01-105264
- APU
- 1105264
Description
This exceptional investment opportunity presents a 7-Eleven convenience store and gas station located at 3901 Pulaski Hwy, Abingdon, MD 21009. The property boasts a brand-new 15-year corporate ground lease with 7-Eleven, Inc., featuring a 5.00% cap rate and a substantial net operating income (NOI) of $99,000. The lease includes attractive 10% rent bumps every five years and three, five-year renewal options, ensuring long-term financial stability. Situated on a large 95,936 square foot lot, this hard-corner location benefits from high visibility on Pulaski Highway, experiencing 24,158 vehicles per day. The property's strategic location offers convenient access to major transportation arteries, including the I-95 corridor, connecting Baltimore, Washington D.C., and Philadelphia. The surrounding area demonstrates affluent demographics, with average household incomes exceeding $117,687 within a three-mile radius. This absolute NNN ground lease investment offers a secure, passive income stream with significant upside potential, backed by a nationally recognized brand and a proven track record of over 22 years of operation at this site. The asking price is $1,980,000. This is a rare opportunity to acquire a well-performing 7-Eleven in a prime location.
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
- Abingdon
- County
- Harford
- State
- Maryland
- Longitude
- -76.2573
- Latitude
- 39.4586
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
