Shopping Strip
Aspen Dental Anchored Strip
1270 E Joppa Rd, Towson, MD 21286
Listing Price: $6,756,031
Investment Overview
Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in Loch Raven Commons in the desirable Baltimore suburb of Towson, Maryland (the “Offering”). Constructed in 2018, the Offering was master planned by the present ownership along with the adjacent Wawa and luxury apartment community. The two buildings, totaling approximately 14,000 square-feet, are 100% leased by four quality brands offering a variety of services to the community. The Offering presents an investor the opportunity to acquire a newly constructed building with the security of a 6.5-year average weighted lease term (WALT) remaining, and a compounded NOI growth rate near 2% which will fend off inflationary pressures.
Investment Highlights
- 71% of Revenues from Implied Credit Brands
- Shadow-Anchored by Wawa
- Infill Core Towson Location
Exclusively Listed By
Financing By
Listing Price: $6,756,031
Investment Highlights
- 71% of Revenues from Implied Credit Brands
- Shadow-Anchored by Wawa
- Infill Core Towson Location
Investment Overview
Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in Loch Raven Commons in the desirable Baltimore suburb of Towson, Maryland (the “Offering”). Constructed in 2018, the Offering was master planned by the present ownership along with the adjacent Wawa and luxury apartment community. The two buildings, totaling approximately 14,000 square-feet, are 100% leased by four quality brands offering a variety of services to the community. The Offering presents an investor the opportunity to acquire a newly constructed building with the security of a 6.5-year average weighted lease term (WALT) remaining, and a compounded NOI growth rate near 2% which will fend off inflationary pressures.