For Lease
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Property summary
This exceptional 13,141 square foot retail property, located at 8635 Liberty Road in Randallstown, Maryland, presents a unique investment opportunity. The single-story building, constructed in 1973, sits on a sizable lot in Baltimore County (zip code 21133). Currently, a portion of the building is occupied by a Pep Boys tire and auto repair operation, which will remain in place. However, a significant portion of the space, totaling 5,949 square feet, is currently vacant and available for lease. This vacant space offers considerable flexibility for a variety of uses. The former parts sales area, ranging from approximately 3,200 to 11,500 square feet, is ideal for businesses such as medical facilities (dialysis or plasma centers), daycare centers (for children or pets), discount retailers, mattress/furniture stores, tool and hardware stores, or automotive-related businesses that do not directly compete with the existing tire and repair services (e.g., collision centers, auto glass repair, or non-competing auto parts stores). The landlord is open to negotiating cash allowances, contingent upon the rent reflecting a reasonable return on investment. The existing tenant, Pep Boys, offers the potential for a long-term lease arrangement. This property offers a compelling blend of existing income and significant expansion potential in a thriving Baltimore County location. The property's size and location make it an attractive option for a variety of businesses seeking a strong foothold in the Randallstown market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BRCSA · Randallstown, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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