2126 N Fountain Green Rd, BEL AIR

$5,000,000

0 Beds
0 Baths
52,530 Sqft
5.6 Acres
0 Garages

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 6, 2025. Live On Site Auction - Thursday, January 9, 2025 at 11:00 AM. List price is opening bid only. $500,000 deposit required to bid. Triple net ground lease to Redner’s Markets, Inc., dated January 30, 2008. The lease is within the original 20 year term ending September 20, 2028, with an annual rent of $487,410.25 NNN plus percentage rent. There are two options remaining comprising a total of 9 years 6 months. Tenant pays for all maintenance, insurance and annual real estate taxes. The seller is a ground lease tenant for 2111 Conowingo Road, also known as 2111-2113 Conowingo Road, which includes an ingress/egress point into Hickory Village Center and Redner’s Market. 2111 Conowingo Road is sub-leased to Tamberino’s Restaurant and Frozen Sandcastle on a NNN basis as detailed below. Ground lease payments and lease revenue from sub-tenants are effectively break-even.

Essential Information
MLS® #MDHR2037442
Price$5,000,000
Bathrooms0.00
Square Footage52,530
Acres5.60
Year Built2000
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address2126 N Fountain Green Rd
SubdivisionNONE AVAILABLE
CityBEL AIR
CountyHARFORD-MD
StateMD
Zip Code21015
Amenities
ParkingHandicap Parking
Interior
HeatingOther
CoolingOther
Exterior
ExteriorBlock
RoofFlat
School Information
DistrictHARFORD COUNTY PUBLIC SCHOOLS
Additional Information
ZoningB3
Listing Details
OfficeA.J. Billig & Company
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Listing information last updated on December 22nd, 2024 at 9:03am EST.

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