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19530 Garrett Hwy
19530 Garrett Hwy, Oakland, MD 21550
Listing Price: $1,800,000
Investment Overview
Marcus and Millichap Real Estate Investment Services is proud to present, 19530 Garrett Hwy. in Oakland, Maryland. This offering is the perfect opportunity for an owner user to acquire their own space on a busy through fair in the resort area of Deep Creek Lake, a popular tourist and vacation destination.
This offering is made up of two buildings. One is currently used as a showroom for the tenants inventory with a small repair shop in the rear of the building. The second building is currently used as a repair and maintenance shop accessed by two large roll up doors. This building could be converted to a second showroom or leased to a new tenant entirely.
19530 Garrett Hwy also boasts ample outdoor storage and parking opportunities. Owners will find themselves conveniently located next to national brand names directly across and adjacent to the property, offering prime opportunities for increased traffic flow.
19530 Garrett Hwy
Investment Highlights
- Investors will appreciate the below market lease rates that provide an opportunity for organic rent growth in the immediate future.
- There is also the opportunity to collect auxiliary cash flows from the leasing of both a cellular tower already located on the property as well as a small billboard with advertising opportunities.
- Recent upgrades include insulation and sheathing, freshly sealed concrete slab, new HVAC system, and LED Lighting
Exclusively Listed By
Listing Price: $1,800,000
Investment Highlights
- Investors will appreciate the below market lease rates that provide an opportunity for organic rent growth in the immediate future.
- There is also the opportunity to collect auxiliary cash flows from the leasing of both a cellular tower already located on the property as well as a small billboard with advertising opportunities.
- Recent upgrades include insulation and sheathing, freshly sealed concrete slab, new HVAC system, and LED Lighting
Investment Overview
Marcus and Millichap Real Estate Investment Services is proud to present, 19530 Garrett Hwy. in Oakland, Maryland. This offering is the perfect opportunity for an owner user to acquire their own space on a busy through fair in the resort area of Deep Creek Lake, a popular tourist and vacation destination. This offering is made up of two buildings. One is currently used as a showroom for the tenants inventory with a small repair shop in the rear of the building. The second building is currently used as a repair and maintenance shop accessed by two large roll up doors. This building could be converted to a second showroom or leased to a new tenant entirely. 19530 Garrett Hwy also boasts ample outdoor storage and parking opportunities. Owners will find themselves conveniently located next to national brand names directly across and adjacent to the property, offering prime opportunities for increased traffic flow.
Exclusively Listed By
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