Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2023
Sq.Footage
N/A
Single-tenant NNN industrial investment property in Cambridge, MD constructed in 2022. The building was fit-out specifically for this tenant who is two years into their first term. The current rent is $644,700 plus NNN with 3% annual increases. Tenant has two (2) five (5) year renewal options. The building is 70,000 sq.ft. on 4.39 acres with a shared common entrance and common area parking in addition to the private parking. The tenant is Bay Valley Foods - a division of Tree House Foods - the #1 pickle & pepper supplier in the US. With the tenant's main manufacturing facility being across the street, there is a very low chance the tenant would ever relocate, and the tenant has said they will exercise their first option to renew early. - NNN Industrial Investment - #1 supplier in their industry nationwide - 3% annual increases. - Low risk of tenant moving - 2 year old construction
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Zoned, Electric
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Metal Siding
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
4.39
-
Property Type
Commercial Sale
-
Property Sub Type
Industrial
Price
-
Sales Price
$9,300,000
-
Zoning
Industrial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
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Location
County
DORCHESTER
Elementary School
Middle School
High School
Listing Courtesy of Florence Brotzman , SVN/Miller Commercial Real Estate
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