7105-7109 ALLENTOWN RD
7105-7109 ALLENTOWN RD
FORT WASHINGTON, MD 20744
MLS Number: MDPG2071636
$3,999,000
SqFt: 6,700
SqFt: 6,700
Description
- Prime Location, 2021 Totally Renovated and Strong Net Income of $240K /Year w NNN Lease for 20 years. Actual Address is 7105 & 7109 Allentown Rd. Fort Washington MD. "Invest in Success" : Corner Property at the High Traffic Intersection near 2 big shopping center and McDonald and Gas station etc. Welcome to your next investment opportunity. This prime property is located at the busy intersection of Allentown Road & Temple Hill Rd. with high traffic flow and great visibility. Its strategic location makes it a highly desirable destination for businesses, attracting customers from all around area. This property has been renovated 2 years ago to meet modern standards, with upgraded features that include new HVAV systems, new electric system and a newly paved parking lot etc. These upgrades and NNN Lease will reduce the maintenance cost dramatically for the new owner. The property generates an impressive net Rent income of $240,000 per year. This steady stream of income will come from the well qualified single tenant with 20 year long-term lease. Don't miss out on this rare opportunity to own a highly profitable property with outstanding prospects for future development.
General Details
- Living Area: 6,700
- Lot Area: 29,966
- Property Type: Retail
- County: PRINCE GEORGES
- Year Built: 1969
- Security: Electric Alarm,Exterior Cameras,Fire Detection System,Main Entrance Lock,Monitored,Motion Detectors,Security System,Smoke Detector,Sprinkler System - Indoor
- Sewer: Public Sewer
Community Information
- Zoning: CGO
Exterior Features
- Garage(s): N
- Waterfront: N
- Waterview: N
Interior Features
- Heating: Forced Air
- Cooling: Y
- Water: Public
Lot Information
- SqFt: 29,966
School Information
- School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Fees & Taxes
- County Taxes: $11,564
Other Info
- Listing Courtesy Of: Giant Realty, Inc.