614 S PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001

Other
THB ฿55,291,500
USD $1,650,000
Published on: 10 Dec 2022
Last updated on: 16 Jan 2025
614 S PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001
614 S PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001
614 S PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001
+20
614 S PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001
  • 20
Property ID: 110081285972
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Commercial - ABERDEEN, MD

614 S PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001
The Feazell Commercial Group is pleased to present for sale a Precision TuneAuto Service Station plus adjacent pad site located in Aberdeen, MD just 30miles North of Baltimore City. Custom built by landlord for tenant in 2005,the property consists of a freestanding building with a Gross Leasable Area(GLA) of 3,289 square feet situated on a .84-acre lot. Precision Tuneoccupies roughly 1/2 of this lot and the other 1/2 is a paved padsite readyto go for another free standing building of similar size. Precision Tune is paying $82,039/yr on a corporately guaranteed, Double-Net (NN) lease with 5years remaining on their original lease term (July 2029 expiration) and fourremaining options to renew with 15% increases or CPI whichever is less. TheCap rate is 5% and includes the paved padsite next door to the PrecisionTune which is tenant-ready. The lease is guaranteed by PTAC which is ownedby parent company Icahn Automotive Group LLC.   Aberdeen as a city is thelargest employer in Harford County MD. This Precision Tune is located near theintersection of South Philadelphia Blvd and James St and has an average dailytraffic count of 34,000+ vehicles per day. The property is in an area with apopulation of over 45,600 people living within a five-mile radius. Major retailtenants and points of interest in close proximity include: 7-Eleven, McDonalds,Lidl, Walmart, Wawa, Royal Farms, Autozone, and Dominos Pizza. The property’s corporate guarantee and strategic location make this Precision Tune anattractive investment opportunity. Additional 1+/- acre of usable land behindthe site available for sale as well separately.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
3,399.36 m2
Year Built
2005
Architecture Style
Other
County
HARFORD
Provider
Bright MLS
Brokerage Office Name
Garceau Realty
Brokerage Office Phone
(410) 803-0714
Neighbourhoods
Aberdeen
Address
614 S PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001
Contact Agent
David Feazell
Garceau Realty
303 MAIN STREET S, BEL AIR, MD 21014
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David Feazell
303 MAIN STREET S, BEL AIR, MD 21014
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      Property ID: 110081285972

      Original Property ID: 3yd-TRENDPA-MDHR2018468
      Data provided by Bright MLS, MLS #: MDHR2018468
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