Active
2126 N Fountain Green Rd
Bel Air MD, 21015
$5,000,000
$95.18 per sqft
Active
52,530 sqft
Commercial
Built in 2000
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 Redner's 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 Redner's Market. 2111 Conowingo Road is sub-leased to Tamberino's Restaurant and Frozen Sandcastle on a NNN basis as detailed below. Ground lease payments and lease revenue from sub-tenants are effectively break-even.
MDHR2037442
MLSⓇ ID
November 6, 2024
Listed
November 22, 2024
Updated
Map
2126 N Fountain Green Rd
Bel Air MD, 21015
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Exterior/Building Features
Lot Size
5.6 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$75,131
Tax Frequency
Annually
Days on Market
7
Garage
No
Parking Total
100
View
No
County
HARFORD
Water Source
Public
Pool
No
Listed by A.J. Billig & Company
Listing Contact: 4102968440
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 1:46 AM UTC
