500 Hanover Pike Hampstead, MD 21074
For Sale
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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.
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Jos. A. Bank Distribution Center Warehouse & Storage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RESTR · Hampstead, MDHampstead. Always verify with local authorities before improvements.
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.