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2400 Pleasantville Road

FALLSTON, MD 21047
  • $1,000,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: MDHR2030718
UPDATED: 83 min ago
$1,000,000
  • 0
    BEDS
  • 1.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, May 14, 2024. Live On Site Auction - Thursday, May 16, 2024 at 12:15 PM. List price is opening bid only. $100,000 cashier's check deposit required to bid. Triple net ground lease to 7-Eleven, Inc., dated September 1, 1979 and as amended by the First Amendment to Lease dated February 22, 2019. The current lease is in the first of 3 five-year extension periods provided by the above referenced First Amendment, running through August 2024, with an annual rent of $102,000 NNN. There are 2 remaining five-year options at increased rentals. The extension beginning 9/1/2024 has an annual rent of $112,200 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.The property is situated in the Fallston area of Harford County at the corner of Fallston Road (MD-152) and Pleasantville Road, a signalized 4-way intersection. An acceleration lane out of the property is immediately off the intersection. Ingress and egress are available from both Fallston Road and Pleasantville Road. Fallston Road is a major artery for those commuting to I-95, Baltimore, APG and other surrounding employment centers in the area. Daily traffic (AADT) is stated to be 22,575 cars along Fallston Road in front of the property, and 4,715 along Pleasantville Road, according to MDOT online mapping. The immediate area is a village center for the surrounding communities, and features restaurants, pharmacy, offices and services businesses. An elementary school and major area recreation complex are approximately one-half mile east. The larger area is a mix of residential, with a number of small and medium sized subdivisions in the area, and large agricultural properties.

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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 Great Falls Great Homes | Long & Foster Real Estate. 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: 2024-05-19T14:57:27.127.
www.greatfallsgreathomes.com/homes/149222862
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2400 Pleasantville Road FALLSTON, MD 21047

  • Price: $1,000,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 83 min ago
  • ID#: MDHR2030718
0
Beds
0
Baths
0
½ Baths
1.13
Acres
1981
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 - Tuesday, May 14, 2024. Live On Site Auction - Thursday, May 16, 2024 at 12:15 PM. List price is opening bid only. $100,000 cashier's check deposit required to bid. Triple net ground lease to 7-Eleven, Inc., dated September 1, 1979 and as amended by the First Amendment to Lease dated February 22, 2019. The current lease is in the first of 3 five-year extension periods provided by the above referenced First Amendment, running through August 2024, with an annual rent of $102,000 NNN. There are 2 remaining five-year options at increased rentals. The extension beginning 9/1/2024 has an annual rent of $112,200 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.The property is situated in the Fallston area of Harford County at the corner of Fallston Road (MD-152) and Pleasantville Road, a signalized 4-way intersection. An acceleration lane out of the property is immediately off the intersection. Ingress and egress are available from both Fallston Road and Pleasantville Road. Fallston Road is a major artery for those commuting to I-95, Baltimore, APG and other surrounding employment centers in the area. Daily traffic (AADT) is stated to be 22,575 cars along Fallston Road in front of the property, and 4,715 along Pleasantville Road, according to MDOT online mapping. The immediate area is a village center for the surrounding communities, and features restaurants, pharmacy, offices and services businesses. An elementary school and major area recreation complex are approximately one-half mile east. The larger area is a mix of residential, with a number of small and medium sized subdivisions in the area, and large agricultural properties.
Exterior Features

Construction Materials Masonry Garage YN No Parking Features Handicap Parking Parking Types Parking Lot Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2520.00 Cooling Other Heating Heat Pump(s) Heating YN Yes Net Square Feet 2520.00

Property Features

Accessibility Features Other Central Air YN No Cooling Fuel Other Cross Street Fallston Road Ground Rent Payment Frequency Annually Heating Fuel Other Hot Water Other Navigable Water YN N Net Operating Income 102000.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 802990001578 Ownership Interest Fee Simple Property Sub Type Special Purpose Sale Type Auction Sewer Private Septic Tank Tax Annual Amount 9704.00 Tax Lot 1 Total Actual Rent 102000.00 Vacation Rental YN No Water Source Well Zoning B1

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 Great Falls Great Homes | Long & Foster Real Estate. 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: 2024-05-19T14:57:27.127.
 
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