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C. Wood Trucking Acquires Glen Burnie Warehouse For $1.6M

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SOLD
$1,600,000

Maryland

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Industrial5,300 SF
Sold 07/14/2023
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Property Image
SOLD

C. Wood Trucking Acquires Glen Burnie Warehouse For $1.6M

145 8th Avenue Northwest Glen Burnie, Maryland 21061, Usa

See Similar Deals
Industrial5,300 SF
Sold 07/14/2023
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Summary

MARYLAND
Asset Type:Industrial
Price Per Square Foot:$301
Total Square Footage:5,300 SF
Transaction Type:Sale

C. Wood Trucking, LLC has purchased a warehouse property located at 145 8th Avenue NW in Glen Burnie, Maryland for $1.6 million. The property spans 5,300 square feet and sits on 1.63 acres of land. This industrial asset offers valuable outdoor storage space, which is in high demand, especially due to its proximity to the Port of Baltimore, BWI, and major interstates. The sellers in this transaction were represented by Matthew Curran, Daniel Hudak, and Andrew Meeder of MacKenzie Commercial Real Estate Services.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,600,000
  • Address: 145 8th Ave NW, Glen Burnie, MD
  • Market: Glen Burnie, MD
  • Acres: 1.63
  • Buyer: C. Wood Trucking, LLC
  • Brokers: Matthew Curran, Daniel Hudak & Andrew Meeder - MacKenzie Commercial Real Estate Services
  • Square Footage: 5,300
  • Price Per Square Foot: $302

The acquisition of this warehouse property by C. Wood Trucking, LLC marks an investment opportunity in a prime location. The property's outdoor storage space, in addition to its size and proximity to important transportation hubs, provides a significant advantage for the buyer. The expertise of Matthew Curran, Daniel Hudak, and Andrew Meeder from MacKenzie Commercial Real Estate Services ensured a successful transaction for the sellers.

Players

Andrew Meeder
18 deals$72.8M volume
BROKER

Daniel Hudak
MacKenzie Commercial Real Estate Services
12 deals$49M volume
BROKER

Matthew Curran
MacKenzie Commercial Real Estate Services
13 deals$49.2M volume(443) 573-3203
BROKER

Details

SOLD
IMAGE: Daniel Hudak, Andrew Meeder & Matthew Curran DATE: 07/14/2023 ADDRESS: 145 8th Ave NW MARKET: Glen Burnie, MD ASSET TYPE: Industrial ~ ACRES: 1.63 BUYER: C. Wood Trucking, LLC BROKERS: Matthew Curran, Daniel Hudak & Andrew Meeder - MacKenzie Commercial Real Estate Services SALE PRICE: $1,600,000 SF: 5,300 ~ PPSF: $302 NOTE: C. Wood Trucking, LLC has purchased a warehouse property located at 145 8th Avenue, NW, Glen Burnie for $1.6 million. The property, comprising 5,300 square feet on 1.63 acres, offers valuable outdoor storage space that is in high demand, particularly in proximity to the Port of Baltimore, BWI, and major interstates, according to Matthew Curran, Daniel Hudak, and Andrew Meeder of MacKenzie Commercial Real Estate Services who represented the sellers in the transaction.

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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