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8 8th Avenue Northwest

Matthew Curran & Andrew Meeder Of MacKenzie Commercial Real Estate Represent Buyer In $2.3M Glen Burnie Retail Sale
SOLDRetail

Matthew Curran & Andrew Meeder Of MacKenzie Commercial Real Estate Represent Buyer In $2.3M Glen Burnie Retail Sale

8 8th Avenue Northwest

$2,300,000

$425/SF

Building Size

5,400 SF

Asset Type

Retail

Closing

Jul 2, 2026

AI

The property involved in this transaction is a retail and automotive service facility located at 8 8th Avenue Northwest, Glen Burnie, MD. It features a total square footage of 5,400 and was sold for $2,300,000, translating to a price per square foot of $426. The asset sits on more than two acres of land.

Summary of transaction details:

This transaction was brokered by Hyatt Commercial Real Estate, facilitating the sale process while representing the seller. The involvement of such representatives highlights the professional mediation in achieving this deal.

Players

Andrew Meeder

MacKenzie Commercial Real Estate Services

Broker

$77.4M

vol

20 deals

Broker

Chesapeake 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93