Horvath & Tremblay Facilitates $1.75M Sale Of 7-Eleven Property In Baltimore
3360 Annapolis Road Baltimore, Maryland 21230, USA
$1,750,000
Building Size
—
Asset Type
Retail
Closing
Jul 27, 2023
AI
A 7-Eleven property in Baltimore, located at 3360 Annapolis Rd. (MD Route 648), has been successfully sold for $1.75 million. The property is a retail asset and was represented by Kyle Danielson of Horvath & Tremblay. The transaction resulted in a 4.0% Cap Rate.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,750,000
- Broker: Kyle Danielson - Horvath & Tremblay
Kyle Danielson of Horvath & Tremblay played a crucial role in facilitating the sale of the 7-Eleven property. The transaction was completed successfully, demonstrating the expertise and professionalism of the involved parties.
Halethorpe Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93