Investment Overview

Constructed in 1912, this historic FedEx Office Print and Ship Center building in Downtown Baltimore boasts a gross square footage of 9,798 SF spread across its first and second floors. Situated at the corner of S. Charles St and E. Redwood St, the property encompasses a total square footage of 14,479, inclusive of the basement which does not factor into the rent per square foot calculation. The lot size spans 0.11 Acres, offering ample space for operations. With a Net Operating Income (NOI) of $213,107 per year, the lease has been extended for 3 years until April 30, 2027, with an additional 3-year option available. Upon exercising the option, a 10 percent rent increase will be applied, elevating the NOI to $234,466. The lease structure is Triple Net (NNN), with the landlord responsible for the Roof & Structure.