The Feazell Commercial Group is pleased to present for sale a Precision Tune Auto Service Station plus adjacent pad site located in Aberdeen, MD just 30 miles North of Baltimore City. Custom built by landlord for tenant in 2005, the property consists of a freestanding building with a Gross Leasable Area (GLA) of 3,289 square feet situated on a .84-acre lot. Precision Tune occupies roughly 1/2 of this lot and the other 1/2 is a paved padsite ready to go for another free standing building of similar size. Precision Tune is paying $82,039/yr on a corporately guaranteed, Double-Net (NN) lease with 5 years remaining on their original lease term (July 2029 expiration) and four remaining options to renew with 15% increases or CPI whichever is less. The Cap rate is 5% and includes the paved padsite next door to the Precision Tune which is tenant-ready. The lease is guaranteed by PTAC which is owned by parent company Icahn Automotive Group LLC. Aberdeen as a city is the largest employer in Harford County MD. This Precision Tune is located near the intersection of South Philadelphia Blvd and James St and has an average daily traffic count of 34,000+ vehicles per day. The property is in an area with a population of over 45,600 people living within a five-mile radius. Major retail tenants and points of interest in close proximity include: 7-Eleven, McDonalds, Lidl, Walmart, Wawa, Royal Farms, Autozone, and Dominos Pizza. The propertyâs corporate guarantee and strategic location make this Precision Tune an attractive investment opportunity. Additional 1+/- acre of usable land behind the site available for sale as well separately.
Almost 5 1/2 acres of wooded land sure to give you privacy if that is what you are seeking. There is a new development going in not far from this property and there will be water & sewer hookups that the adjoining neighbor is willing to talk to you about. New perc would need to be done along with a well before a building permit will be issued or you can invest now and build in the future.
Over 3 + acres of land ready for building permits. Land is approved for a 3 story 36,000+ sqft building with 92 parking spaces. 382' Road Frontage on US Rt 40. Located in the "Enterprise Zone". Great Tax Benefits for new owner. Flat site requiring minimal site work. B3 Zoning in place. Uses include auto car wash, auto repair, convenience retail, day care center, hotel, medical services among others. Public Water and Sewer. Site has access from US Rt 40 and is close to retail (Wal Mart, Aldi, Lidl) and restaurants (Golden Corral, McDonalds, Pat's Pizza). Easement Agreements in place. Easy access to the main gate of Aberdeen Proving Grounds and Perryman distribution centers. Site is located 3 miles from new regional medical center currently under construction.
Over 3 + acres of land ready for building permits. Land is approved for a 3 story 36,000+ sqft building with 92 parking spaces. 382' Road Frontage on US Rt 40. Located in the "Enterprise Zone". Great Tax Benefits for new owner. Flat site requiring minimal site work. B3 Zoning in place. Uses include auto car wash, auto repair, convenience retail, day care center, hotel, medical services among others. Public Water and Sewer. Site has access from US Rt 40 and is close to retail (Wal Mart, Aldi, Lidl) and restaurants (Golden Corral, McDonalds, Pat's Pizza). Easement Agreements in place. Easy access to the main gate of Aberdeen Proving Grounds and Perryman distribution centers. Site is located 3 miles from new regional medical center currently under construction.
Aberdeen is located in Maryland. Aberdeen, Maryland has a population of 16,176. Aberdeen is less family-centric than the surrounding county with 23.95% of the households containing married families with children. The county average for households married with children is 32.73%.
The median household income in Aberdeen, Maryland is $70,885. The median household income for the surrounding county is $98,495 compared to the national median of $69,021. The median age of people living in Aberdeen is 37.9 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 46.6 inches per year, with 14.3 inches of snow per year.
