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6 Back River Neck rd
Essex, MD 21221
O'Reilly Auto Parts · Local commercial Bien À vendre


Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- NEW 10-YEAR LEASE WITH RAPIDLY EXPANDING AND CREDIT WORTHY O’REILLY AUTO PARTS
- MINIMAL LANDLORD RESPONSIBILITIES WITH RECENT CAPITAL IMPROVEMENTS AND BUILT-IN VALUE-ADD POTENTIAL
- DESTINATION USE OPPORTUNITY WITH A BUILT-IN, AND LOYAL, CUSTOMER BASE
- SUBSTANTIAL FRONTAGE ALONG BACK RIVER NECK ROAD WITH CONVENIENT ACCESS TO HEAVILY TRAFFICKED EASTERN BOULEVARD AND SOUTHEAST BOULEVARD
- POSITIONED WITHIN AN AFFLUENT AND DENSIFYING BEDROOM COMMUNITY OF ESSEX, MARYLAND WITH NEW AND ONGOING RESIDENTIAL DEVELOPMENT
Résumé analytique
KLNB is pleased to present for sale the fee simple interest in the O'Reilly Auto Parts, a 9,000 SF freestanding pad site, positioned on 1.33 acres in Essex, Maryland. O’Reilly’s lease commenced in June 2025 and includes a 10% rental increase once during the base term, as well as in each option period, providing a built-in hedge against inflation. The property also presents a compelling value-add opportunity, featuring two vacant second-floor office suites totaling 3,500 square feet, in addition to a 0.75-acre vacant lot at 6 Back River Neck Road that is available for lease and/or outdoor storage. Positioned along Back River Neck Road, the asset benefits from consistent daily traffic of approximately 14,250 vehicles and offers convenient access to Old Eastern Avenue, Stemmers Run, and Eastern Boulevard. Having operated as Salvo Auto Parts for nearly 90 years, the property demonstrates a long-standing history of stable occupancy and an automotive use for the submarket, while offering immediate upside through the lease-up of the remaining vacant space.
Informations sur l’immeuble
Type de vente
Investissement triple net
Type de bien
Local commercial
Surface de l’immeuble
836 m²
Classe d’immeuble
B
Année de construction/rénovation
1942/2025
Prix
1 351 131 €
Prix par m²
1 615,94 €
Taux de capitalisation
6,50 %
RNE
87 824 €
Occupation
Mono
Hauteur du bâtiment
3 étages
Zone de développement économique [USA]
Oui
Taxes foncières
| Numéro de parcelle | 15-1502574129 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 80 875 € | Évaluation totale | 80 875 € |
Taxes foncières
Numéro de parcelle
15-1502574129
Évaluation du terrain
80 875 €
Évaluation des aménagements
0 €
Évaluation totale
80 875 €
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