601 Pulaski Highway, Joppa, MD 21085

$2,000,000

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$2,000,000

Coms
Active
Built in 2001
MLS # MDHR2037436

601 Pulaski Highway

Joppa, MD 21085

Description

ONLINE REAL ESTATE AUCTION!! Bidding Opens: Monday, January 6, 2025. Bidding Closes: Wednesday, January 8, 2025 at 12:00 noon. List price is opening bid only. A $100,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. Triple net ground lease to Sheetz, Inc., originally dated April 14, 2000 and as amended by subsequent addenda. The lease is in a five-year extension period, running through May 31, 2026, with an annual rent of $203,643 NNN. There are 7 remaining five-year options at 10% per period increased base rent. The extension beginning June 1, 2026 has an annual rent of $224,007 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.

Details

  • County: HARFORD
  • Community: ANNES DELIGHT
  • Taxes: $25, 645
  • County Tax: $25, 645
  • City Tax: $25, 645

Description

ONLINE REAL ESTATE AUCTION!! Bidding Opens: Monday, January 6, 2025. Bidding Closes: Wednesday, January 8, 2025 at 12:00 noon. List price is opening bid only. A $100,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. Triple net ground lease to Sheetz, Inc., originally dated April 14, 2000 and as amended by subsequent addenda. The lease is in a five-year extension period, running through May 31, 2026, with an annual rent of $203,643 NNN. There are 7 remaining five-year options at 10% per period increased base rent. The extension beginning June 1, 2026 has an annual rent of $224,007 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.

Details

  • County: HARFORD
  • Community: ANNES DELIGHT
  • Taxes: $25,645
  • County Tax: $25,645
  • City Tax: $25,645

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