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Shopping Strip

Shoppes at James Run

2699 Tobin Xing, Bel Air, MD 21015

Listing Price: $7,711,046

Cap Rate
6.50%
Gross SF
13,189
Rentable SF
13,189
Price/Gross SF
$584.66
Lot Size
2.50 acres
Year Built
2024

Investment Overview

On behalf of ownership, Marcus & Millichap is pleased to offer for sale The Shoppes at James Run, a creditworthy five-tenant retail strip located in Bel Air, Maryland. Beautifully constructed in 2024, the retail strip consists of two buildings totaling 13,189 square-feet leased to esteemed brands including
Starbucks, Chipotle, and Tropical Smoothie Café. The Offering is immediately neighboring a new Royal Farms convenience store, fueling station and Tesla charging station and soon to open Longhorn Steakhouse and Olive Garden restaurants that are also available for sale.

Investment Highlights

  • A NEWLY CONSTRUCTED 13,189 SQUARE-FOOT CENTER
  • CREDITWORTHY AND DESIRABLE SERVICE-ORIENTED RETAILERS
  • VISIBLE AND ACCESSIBLE TO MD ROUTE 543 WITH STRONG TRAFFIC COUNTS

Exclusively Listed By

  • Jeffrey Pensak

    Associate Investments

    (202) 536-3760

    Email Jeffrey

    License(s): MD: 681663, PA: RSR005189, VA: 0225261924

    Washington, D.C.

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    Managing Director Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Shopping Strip

Shoppes at James Run

Listing Price: $7,711,046

Cap Rate
6.50%
Gross SF
13,189
Rentable SF
13,189
Price/Gross SF
$584.66
Lot Size
2.50 acres
Year Built
2024

Investment Highlights

  • A NEWLY CONSTRUCTED 13,189 SQUARE-FOOT CENTER
  • CREDITWORTHY AND DESIRABLE SERVICE-ORIENTED RETAILERS
  • VISIBLE AND ACCESSIBLE TO MD ROUTE 543 WITH STRONG TRAFFIC COUNTS

Investment Overview

On behalf of ownership, Marcus & Millichap is pleased to offer for sale The Shoppes at James Run, a creditworthy five-tenant retail strip located in Bel Air, Maryland. Beautifully constructed in 2024, the retail strip consists of two buildings totaling 13,189 square-feet leased to esteemed brands including Starbucks, Chipotle, and Tropical Smoothie Café. The Offering is immediately neighboring a new Royal Farms convenience store, fueling station and Tesla charging station and soon to open Longhorn Steakhouse and Olive Garden restaurants that are also available for sale.

Exclusively Listed By

  • Jeffrey Pensak

    Associate Investments

    (202) 536-3760

    Email Jeffrey

    License(s): MD: 681663, PA: RSR005189, VA: 0225261924

    Washington, D.C.

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    Managing Director Investments

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

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