7010 Westmoreland Ave, Takoma Park, MD 20912

This exceptional Takoma Park storefront, located in the historic district at 7010 Westmoreland Ave, offers a compelling sale-leaseback opportunity. The 2,800 square foot, three-story building, constructed in 1922 and renovated in 2010, boasts a strong 10-year NNN lease with a 2.5% annual rent increase. The current tenant, operating a successful business since 1972, enjoys 100% occupancy, generating a substantial NOI of $78,000 and a 7.5% cap rate. The property features four parking spaces, solar panels, and is conveniently situated a seven-minute walk from the Takoma Metro Station. The asking price is $1,040,000 ($371.43/sq ft). The property is zoned NR and sits on a 5,364 square foot lot. This fee-simple ownership presents a rare opportunity for investors seeking a stable, income-producing asset in a thriving location. The building is in excellent condition and benefits from its proximity to a diverse range of retail and entertainment options. Showings are by appointment only to avoid disturbing the tenant.