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2126 N Fountain Green Road

BEL AIR, MD 21015
  • $5,000,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: MDHR2037442
Open House
$5,000,000
  • 0
    BEDS
  • 5.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2000
County:

School Ratings & Info

Description

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 6, 2025. Live On Site Auction - Thursday, January 9, 2025 at 11:00 AM. List price is opening bid only. $500,000 deposit required to bid. Triple net ground lease to Redners Markets, Inc., dated January 30, 2008. The lease is within the original 20 year term ending September 20, 2028, with an annual rent of $487,410.25 NNN plus percentage rent. There are two options remaining comprising a total of 9 years 6 months. Tenant pays for all maintenance, insurance and annual real estate taxes. The seller is a ground lease tenant for 2111 Conowingo Road, also known as 2111-2113 Conowingo Road, which includes an ingress/egress point into Hickory Village Center and Redners Market. 2111 Conowingo Road is sub-leased to Tamberinos Restaurant and Frozen Sandcastle on a NNN basis as detailed below. Ground lease payments and lease revenue from sub-tenants are effectively break-even.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T23:50:31.843.
www.enggarcia.com/homes/157582379
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2126 N Fountain Green Road BEL AIR, MD 21015

  • Price: $5,000,000
  • Status: Active
  • On Site: 31 Days
  • ID#: MDHR2037442
0
Beds
0
Baths
0
½ Baths
5.6
Acres
2000
Built
Neighborhood:
None Available
County:
Harford
School District:
Harford County Public Schools
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 6, 2025. Live On Site Auction - Thursday, January 9, 2025 at 11:00 AM. List price is opening bid only. $500,000 deposit required to bid. Triple net ground lease to Redners Markets, Inc., dated January 30, 2008. The lease is within the original 20 year term ending September 20, 2028, with an annual rent of $487,410.25 NNN plus percentage rent. There are two options remaining comprising a total of 9 years 6 months. Tenant pays for all maintenance, insurance and annual real estate taxes. The seller is a ground lease tenant for 2111 Conowingo Road, also known as 2111-2113 Conowingo Road, which includes an ingress/egress point into Hickory Village Center and Redners Market. 2111 Conowingo Road is sub-leased to Tamberinos Restaurant and Frozen Sandcastle on a NNN basis as detailed below. Ground lease payments and lease revenue from sub-tenants are effectively break-even.
Exterior Features

Construction Materials Block Garage YN No Parking Features Handicap Parking Parking Types Parking Lot Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 52530.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 52530.00

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Navigable Water YN N Net Operating Income 487410.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 803466875330 Ownership Interest Fee Simple Property Sub Type Retail Sale Type Auction Sewer Public Sewer Tax Annual Amount 75131.00 Tax Lot 4 Vacation Rental YN No Water Source Public Zoning B3

Listing courtesy of A.J. Billig & Company: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T23:50:31.843.
 
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Eng Garcia Properties, LLC | Keller Williams Capital Properties
1930 18th St NW
Washington DC, 20009