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Key Details
Sold Price $2,100,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,687 sqft
Price per Sqft $448
Subdivision None Available
MLS Listing ID MDHR2030694
Sold Date 07/18/24
Originating Board BRIGHT
Year Built 2001
Annual Tax Amount $19,762
Tax Year 2023
Lot Size 3.913 Acres
Acres 3.91
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Tuesday, May 14, 2024. Live On Site Auction - Thursday, May 16, 2023 at 11:00 AM. List price is opening bid only. A $100,000 cashier's check deposit is required to bid. Triple net ground lease to WaWa, Inc., dated March 8, 1999. The current lease is in the second five-year extension period, running through June 2026, with an annual rent of $105,415.97 NNN. There are 5 remaining five-year options at increased rentals. The extension beginning 7/1/26 has an annual rent of $115,956.97 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.
Location
State MD
County Harford
Zoning B3
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 50.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 50
Garage N
Building
Sewer Private Septic Tank
Water Well
New Construction N
Schools
School District Harford County Public Schools
Others
Tax ID 1305014735
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Bought with Charles N Billig • A.J. Billig & Company