Retail•Vehicle Related•For Sale

Monro Muffler (DBA Mr. Tire)

21730 Great Mills Road, Lexington Park, Maryland 20653

Sale Price $1,786,000
Bldg Type Single Tenant
Year Built 2004
Cap Rate 6.00%
Vacancy 100%
Gross Bldg 1,593 SqFt
Land Area .34 Acres
Net Op Inc $107,205
. Saint Mary's County (often abbreviated as St. Mary's County), established in 1637, is a county located in the U.S. state of Maryland. As of the 2010 census, the population was 105,151. Its county seat is Leonardtown. The name is in honor of the Catholic saint Mary, the mother of Jesus as told in the Bible. St. Mary's County comprises the California-Lexington Park, MD Metropolitan Statistical Area, which is also included in the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA Combined Statistical Area. It is part of the Southern Maryland region. The county was the home to the first Maryland Colony, and the first capitol of the Colony of Maryland. Settled by English Catholics, it is considered to be the birthplace of religious freedom in North America, at a time when the British colonies were settled primarily by Protestants. It is also home to the Patuxent River Naval Air Station and St. Mary's College of Maryland. St. Mary's County has been traditionally known for its unique and historic culture of Chesapeake Bay tidewater farming, fishing and crabbing communities. But with the advent of the military bases, growth of an extensive defense contractor presence and the growth of St. Mary's College of Maryland, as well as increasing numbers of long-distance Washington, D.C. commuters, it has been undergoing a decades-long transformation which has seen the county's population doubled since 1970.
  • (NNN) Lease Structure | Landlord's only Responsibility is the Structure
  • Tenant Exercised the Following 10 Year Option | Showing Long Term Commitment to Site
  • Two (2), 10 Year Options with Increases Based Upon CPI
  • Long Term Operating History
  • Average Household Income within 5 Mile Radius Exceeds $88,299
  • Population within 5 Mile Radius Exceeds 48,961 Residents
  • Strong Population Growth of Over 26% From 2010-2019
  • Nearby Retailers Include: Rite Aid, Burger King, Family Dollar, CVS, Verizon, Bank of America, Big Lots, and Many More
12/26/2019 9:14:16 PM 6/17/2020 3:22:59 PM
Ayson Shammami
Associate Advisor
Encore Real Estate Investment Services
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