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611 Railroad Ave
Centreville, MD 21617

$7,238,000 USD

Freestanding For Sale  •  58,686 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 58,686 SF
  • Lot Size 10.95 AC
  • Building Class B
  • Year Built 2003
  • Tenancy Multiple
  • Zoning C-3
30 Transit Score
30 Walk Score

Highlights

Anchored by an established Acme-Albertsons-owned Safeway and ACME markets are prominent players in the Mid-Atlantic region
Located in Centreville MD on the Eastern Shore of Maryland in Queen Anne’s County on the Delmarva Peninsula and is the county seat
With six, 5-year options with 10% bumps in each option, there is built in rent growth for this well located Acme Net Ground lease.
Centreville Plaza has substantial rent growth opportunity with lease up of vacant space and anchor tenant rent increases.
Also, an open pad space opportunity exists for potential future development, further enhances rent growth.

Amenities

  • Bus Line
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 73 min - 47.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 376
Type: Surface
Included in Rent: Yes
Edward Laycox 703-559-7190 Matthews Real Estate Investment Services
Edward Laycox 703-559-7190 Matthews Real Estate Investment Services