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Ground Lease Sale Of Retail Property In Clarksburg, MD For $8.2M

22702 Gosnell Farm Drive
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This Retail property located in MD was sold for $8,200,000 over 1 year ago. The brokers of the deal were Michael Berk and Sheree Strome

A ground-lease sale transaction has taken place in Clarksburg, MD. The property involved is a retail asset spanning 2.7 acres located at 22702 Gosnell Farm Drive. The deal was facilitated by Michael Berk and Sheree Strome of SRS Real Estate Partners. The sale price for the property was $8,200,000, with a total square footage of 8,000. This translates to a price per square foot of $1,025.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $8,200,000
  • Address: 22702 Gosnell Farm Drive, Clarksburg, MD
  • Market: Clarksburg, MD
  • Brokers: Michael Berk and Sheree Strome - SRS Real Estate Partners
  • Property Size: 2.7 acres
  • Square Footage: 8,000
  • Price per Square Foot: $1,025

The ground-lease sale was successfully executed with the involvement of Michael Berk and Sheree Strome from SRS Real Estate Partners. Their expertise and representation played a pivotal role in facilitating the transaction.

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Deals
  • Location
    22702 Gosnell Farm Drive, Clarksburg, Maryland 20841, United States22702 Gosnell Farm Drive, Clarksburg, Maryland 20841, United States
  • Sale Price
    $8,200,000$8,200,000
    $1,025 PPSF$1,025 PPSF
  • Area
    8,000 SF8,000 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Sheree Strome

Sheree Strome

Deals1
Sold$8.2M

Agency

SRS Real Estate Partners

SRS Real Estate Partners

Agency
Deals249
Volume$3.4B

Deal Summary

GROUND-LEASE SALE IMAGE: Michael Berk and Sheree Strome DATE: 11/09/2022 ADDRESS: 22702 Gosnell Farm Drive MARKET: Clarksburg, MD ASSET TYPE: Retail ~ ACRES: 2.7 BROKERS: Michael Berk and Sheree Strome - SRS Real Estate Partners SALE PRICE: $8,200,000 SF: 8,000 ~ PPSF: $1,025

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22702 Gosnell Farm Drive

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