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6319 Kenwood Ave
Baltimore, MD 21237 Rosedale

$1,548,000 USD

Auto Repair For Sale  •  3,520 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 2,006 SF
  • Lot Size 0.32 AC
  • Building Class B
  • Year Built 1985
  • Cap Rate 7.75 %
  • Tenancy Single
  • Zoning BLCNS, County
37 Transit Score
61 Walk Score

Highlights

Attractive Pricing & Yield: Offered at $1,548,000, the asset delivers a 7.75% capitalization rate, presenting a compelling risk-adjusted return relati
Recent Lease Extension: The tenant has recently executed a lease extension, evidencing long-term commitment to the location and reinforcing income dur
Experienced, Multi-Unit Operator: Operated by Multi Management, one of the largest franchisees within the Jiffy Lube system with 70+ locations and mor
Nationally Recognized Brand: Jiffy Lube, a subsidiary of Shell Oil Company, is a leading provider of oil changes with more than 2,800 independently op
Dense Demographic Profile: The property is positioned within a densely populated trade area, serving approximately 390,167 residents within a five-mil
Strong Retail Synergy: Located in proximity to established national retailers including McDonald’s, Shell, Chesapeake Car Wash, Subway, and Domino’s,
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Jiffy Lube

Public Transportation

Commuter RailDriveWalkDistance
12 min - 5.8 mi
Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) 20 min - 7.2 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 33 min - 20.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Kyle Matthews 866-889-0550 Matthews Real Estate Investment Services
Kyle Matthews 866-889-0550 Matthews Real Estate Investment Services