offering memorandum (l) - loopnet...kw commercial 231 najoles rd, suite 100 millersville, md 21108...

KW COMMERCIAL231 Najoles Rd,Suite 100Millersville, MD 21108

Commercial Retail Building For Sale

OFFERING MEMORANDUM

SAM TANNERRealtor0 410.729.7700C [email protected]

PRESENTED BY:

BALTIMORE, MD

OFFERING MEMORANDUM

www.kwcommercial.com 2

OFFERING MEMORANDUM

Confidentiality & DisclaimerBALTIMORE, MD

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness ,veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived,or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and othermatters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independentprofessionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KWCommercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial does not serve as a financial advisor to any partyregarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that maybe provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with acertified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies withapplicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed byCrofton/Ft. Meade in compliance with all applicable fair housing and equal opportunity laws.

KW COMMERCIAL231 Najoles Rd,Suite 100Millersville, MD 21108

PRESENTED BY:

SAM TANNERRealtor0 410.729.7700C [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors shouldconduct your own investigation of the property and transaction.

http://www.kwcommercial.com


OFFERING SUMMARY

SALE PRICE: $825,000

LOT SIZE: 0.35 Acres

YEAR BUILT: 1965

BUILDING SIZE: 11,679

ZONING: C1-2

PROPERTY OVERVIEWCurrently, owner-occupied and making over $5500 a month in retail income! Great opportunity! Price includes Business.Business available separately. Three other units are available in the building (basement and the other two upper floor units). Setup to accommodate full commercial kitchen: brand new hood in place with several dual compartment stainless steel sinks. Twobathrooms. Conveyor belt to transfer goods from the basement to the main level. In addition to the convenience store, there aretwo built out sections almost 2,000 SF each that would be appropriate to create a deli or lease out as retail space. Hugebasement possible rental or storage space; 10’ ceiling height

LOCATION OVERVIEWGreat location on a busy street, with large volumes of traffic daily. Positioned next to Shirley Avenue Street Park which has a lot of foottraffic. Price includes Business. Business available separately.

7,779 SF upper level; 3,900 SF basement;Convenience store; 3,879 SF;Upper level: two sections of 1,950 SF each

PROPERTY HIGHLIGHTS• 20+ Parking Spots

• 11679 SF

• Owner Occupied

• 4 units total

Executive Summary

4000 PARK HEIGHTS AVE |



Additional Photos




Site Plan




Location Maps




POPULATION 0.5 MILES 1 MILE 1.5 MILES

Total Population 11,198 30,022 57,040

Median Age 36.7 38.9 39.4

Median Age (Male) 30.3 34.0 35.7

Median Age (Female) 39.7 41.8 41.4

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

Total Households 3,939 10,991 20,908

# Of Persons Per HH 2.8 2.7 2.7

Average HH Income $37,010 $43,902 $46,141

Average House Value $118,165 $156,814 $163,240

ETHNICITY (%) 0.5 MILES 1 MILE 1.5 MILES

Hispanic 4.1% 2.9% 2.3%

RACE (%)

White 1.3% 4.1% 7.2%

Black 94.1% 91.7% 88.5%

Asian 0.5% 0.4% 0.8%

Hawaiian 0.0% 0.0% 0.0%

American Indian 0.1% 0.4% 0.4%

Other 3.0% 1.8% 1.4%

* Demographic data derived from 2010 US Census

Demographics Map


offering memorandum (l) - loopnet...kw commercial 231 najoles rd, suite 100 millersville, md 21108...

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