$5,000,000
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2126 N Fountain Green Road Bel Air, MD 21015
Retail
Residence
Beds
Baths
...
Bed/Bath
52,530
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 Rednerâs Markets, Inc., date...d 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 Rednerâs Market. 2111 Conowingo Road is sub-leased to Tamberinoâs Restaurant and Frozen Sandcastle on a NNN basis as detailed below. Ground lease payments and lease revenue from sub-tenants are effectively break-even.
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MLS#
MDHR2037442
Property Type
Retail
Year Built
2000
Square Feet
52,530
sq. ft
Price per Sq. Ft.
$95.18
Lot Size
5.6
Sewer
Public Sewer
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