You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Manufacturing properties

500 Hanover Pike Hampstead, MD 21074

210,288 SF 38.44 ac lot Built 1970
Entity Owned 7-yr Hold Free & Clear
Property ID
US40-0796901
Property summary
AI-generated overview

Exceptional investment opportunity: A 210,000-square-foot distribution center in Hampstead, Maryland, is available for sale. This fee-simple property boasts a 15-year absolute NNN lease with Tailored Brands Inc., a corporate guarantee, and 2% annual rent bumps. The property features 6 loading docks, 26-foot ceilings, and ample parking (200 spaces) on a 38.4-acre lot. Built in 1970, the building is zoned for light manufacturing and currently enjoys 100% occupancy. The asking price is $14,175,000, representing a price per square foot of $67.50 and an 8.15% cap rate, with a net operating income (NOI) of $1,155,000. The lease includes four, five-year options, ensuring long-term, passive income. This mission-critical facility serves as a regional distribution center for Tailored Brands Inc., a major retailer of men's clothing, providing significant stability and scale. Its strategic location offers excellent access to Interstate 795 via Maryland Route 30. This sale-leaseback transaction presents a compelling opportunity for investors seeking secure, long-term returns.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 210,288 SF
Lot 38.44 ac (1,674,577 SF)
Zoning code RESTR
APN 08-040257
UPID US40-0796901
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jos. A. Bank Distribution Center Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.42M
Owner & transaction history
County Commissioner Of Carroll · 7 yrs held
County Commissioner Of Carroll
since 2019
6 recorded transactions
2021
Price N/A
2021
Price N/A
2019
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RESTR · Hampstead, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message