Type: Company
Price: $500,000
Location: Salisbury, Maryland
Address: 825 W Isabella Street, Salisbury, MD 21801
Zip: 21801
Condition: Used
For sale by: Broker
Agent: Andrew Ball SVN/Miller Commercial Real Estate
Well trafficked Gas Station and C-Store 11 Year NNN lease in place with experienced operator $38,962.50 NOI Only Landlord expense is 1/2 the property taxes Phase 1 & 2 Environmental completed in 2017 No fuel distribution agreement in place Tenant holds all licenses (alcohol/lottery) with no Landlord obligation 10,000 gallon tanks 2 additional lots with separate addresses 3% annual increases begin June 2024