Bank
Truist Bank
4204 Ebenezer Rd, Perry Hall, MD 21236
Listing Price: $3,077,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Truist Bank in Nottingham, MD. The property consists of a 3,840-square-foot, freestanding building that sits on approximately 0.42 acres of land. There are 5.7 years remaining on the lease with 10% rental increases every 5 years.
Truist Bank
Investment Highlights
- Recent Lease Extension - Absolute Net Lease with 5.7 Years Remaining
- $116M in Branch Deposits, Ranking 57th Percentile in Maryland, 63rd Nationwide
- Near Signalized Hard Corner | 40,000+ VPD
- Dense, Affluent Trade Area | 193K+ Residents | $110K Avg. HH Income (5-Mile Radius)
- Retail Synergy | Across from 230K+ SF Grocery-Anchored Power Center
- Established Bank Location | Operating Since 1998
- Robust Daytime Demand | 175K+ Daytime Population (5-Mile Radius)
- Baltimore, MD MSA | Limited Retail Pipeline & Sub-5.6% Vacancy
Exclusively Listed By
Broker of Record
Listing Price: $3,077,000
Investment Highlights
- Recent Lease Extension - Absolute Net Lease with 5.7 Years Remaining
- $116M in Branch Deposits, Ranking 57th Percentile in Maryland, 63rd Nationwide
- Near Signalized Hard Corner | 40,000+ VPD
- Dense, Affluent Trade Area | 193K+ Residents | $110K Avg. HH Income (5-Mile Radius)
- Retail Synergy | Across from 230K+ SF Grocery-Anchored Power Center
- Established Bank Location | Operating Since 1998
- Robust Daytime Demand | 175K+ Daytime Population (5-Mile Radius)
- Baltimore, MD MSA | Limited Retail Pipeline & Sub-5.6% Vacancy
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Truist Bank in Nottingham, MD. The property consists of a 3,840-square-foot, freestanding building that sits on approximately 0.42 acres of land. There are 5.7 years remaining on the lease with 10% rental increases every 5 years.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
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