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2400 PLEASANTVILLE RD FALLSTON, MD 21047
- Commercial / Resale (MLS)
Property Details for 2400 PLEASANTVILLE RD, FALLSTON, MD 21047
Features
- Lot Size: 49223
- Total Units: 1
- Stories: 100
- Roof Type: Built-up
- Heating: Heat Pump
- Construction Type: Brick
Facts
- Year Built: 01/01/1981
- Property ID: 876417238
- MLS Number: MDHR2030718
- Parcel Number: 04-041976
- Property Type: Commercial
- County: HARFORD
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, May 14, 2024. Live On Site Auction - Thursday, May 16, 2024 at 12:15 PM. List price is opening bid only. $100,000 cashier's check deposit required to bid. Triple net ground lease to 7-Eleven, Inc., dated September 1, 1979 and as amended by the First Amendment to Lease dated February 22, 2019. The current lease is in the first of 3 five-year extension periods provided by the above referenced First Amendment, running through August 2024, with an annual rent of $102,000 NNN. There are 2 remaining five-year options at increased rentals. The extension beginning 9/1/2024 has an annual rent of $112,200 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.nnThe property is situated in the Fallston area of Harford County at the corner of Fallston Road (MD-152) and Pleasantville Road, a signalized 4-way intersection. An acceleration lane out of the property is immediately off the intersection. Ingress and egress are available from both Fallston Road and Pleasantville Road. Fallston Road is a major artery for those commuting to I-95, Baltimore, APG and other surrounding employment centers in the area. Daily traffic (AADT) is stated to be 22,575 cars along Fallston Road in front of the property, and 4,715 along Pleasantville Road, according to MDOT online mapping. The immediate area is a village center for the surrounding communities, and features restaurants, pharmacy, offices and services businesses. An elementary school and major area recreation complex are approximately one-half mile east. The larger area is a mix of residential, with a number of small and medium sized subdivisions in the area, and large agricultural properties.
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Property Brokerage:
A.J. Billig & Company
6500 FALLS ROAD
BALTIMORE
MD
21209
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.