131 VFW AVE $2,900,000

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    131 VFW AVE GRASONVILLE, MD 21638

    • 4,320 sq. ft.
    • 1.80 Acres
    • Commercial
    • MLS# MDQA2003040
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    Views: 263 Days On Site: 312

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    Property Details

    Fantastic opportunity for an Absolute NNN investment right along Route 50 with a national tenant. Tenant has history of successful Denny's operations, with 15 years remaining (plus two, 5-year options) on current lease. Rent includes scheduled increases, along with percentage rent over break point. Over 70,000 vehicles pass this location every day. This is a great opportunity for a strong, stable investment in an uncertain market!

    • General Features
      • County QUEEN ANNES
      • Municipality Grasonville
      • New Construction Y/N Y
      • Sale Type Standard
      • Tax Annual Amount $19,304
      • Tax Year 2023
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 2018
      • Zoning UC
      • Zoning Dscrp The Urban Commercial (UC) District is intended to provide primarily for a variety of commercial and limited light industrial use
    • Building Features
      • Building Total Sq Ft 4320.00
      • Building Units Total 1
      • Cooling Fuel Electric
      • Cooling Type Central A/C
      • Garage Y/N N
      • Heating Fuel Electric
      • Heating Type Heat Pump(s)
      • Sewer Septic Public Sewer
      • Total Garage And Parking Spaces 75
    • Property Features
      • Lot Size Acres 1.8
    • Schools
      • School District QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

    Contact

    Eddie Mangold

    Eddie Mangold

    REALTOR

    Benson & Mangold

    Cell: 410-310-6867

    Neighborhood

    21638 (GRASONVILLE) Demographics

    45 Median Age
    342 Population Density (per sq. mile)
    49% College Educated
    $110,170 Estimated Median Income
    1,540 Estimated Total Home Owners
    431 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    5,227 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $497,150 Median Sales Price
    12 Homes Sold
    3 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,900,000
        3/28/2022 12:13:00 PM New in Database Source: Multiple Listing Service New Value: $2,900,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2023 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.