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5418-5432 Frankford Ave, Baltimore, MD 21206
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PROPERTY SUMMARY
Triple Net Investment Group is pleased to present opportunity to purchase the shopping center anchored by Family Dollar located on Frank Ford Garden in Baltimore. Location has good traffic with strong demographics in Baltimore County. Most tenants have resided in the location for over ten years. Property has additional income possibilities with a space of an 1/2 acre available and zoned for commercial use. Frankford Gardens is a value add opportunity as well with a number of the tenants in below market rents. Over 90% of tenants in annual rent increases of 3% or more.
PROPERTY HIGHLIGHT
- Multi-Tenant strong income producing center Anchored by Family
Dollar - Land for future Development
- 100% occupied with long term tenants majority having exercised
3rd and 4th options - 230K in recent capital improvements recently
- Internet resistant mix of service based tenants
- This long standing Family Dollar was chosen amongst few in the
state for recent renovation. - Income Center Growth opportunity with .5 acre vacant land