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PRICE $5,000,000 dsIDX morgage calculator
SIZE 52,530 sqft
LOT SIZE 5.60 ac

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 6, 2025. Live On Site Auction - Thursday, January 9, 2025 at 11:00 AM. List price is opening bid only. $500,000 deposit required to bid. Triple net ground lease to Redner's Markets, Inc., dated January 30, 2008. The lease is within the original 20 year term ending September 20, 2028, with an annual rent of $487,410.25 NNN plus percentage rent. There are two options remaining comprising a total of 9 years 6 months. Tenant pays for all maintenance, insurance and annual real estate taxes. The seller is a ground lease tenant for 2111 Conowingo Road, also known as 2111-2113 Conowingo Road, which includes an ingress/egress point into Hickory Village Center and Redner's Market. 2111 Conowingo Road is sub-leased to Tamberino's Restaurant and Frozen Sandcastle on a NNN basis as detailed below. Ground lease payments and lease revenue from sub-tenants are effectively break-even.

DAYS ON MARKET 16 LAST UPDATED 11/6/2024
TRACT NONE AVAILABLE YEAR BUILT 2000
COUNTY HARFORD STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
LOT 5.6 acre(s)
SEWER Public Sewer
SUBDIVISION NONE AVAILABLE
TAXES 75131
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 2126 N FOUNTAIN GREEN ROAD
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Listing provided by A.J. Billig & Company

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