Forestville, MD - Taco Bell

Description:

• HAZA BELL of Northeast LLC guaranteed lease (150+ units)
• 5 years remaining with 1 (5-year) option periods to extend
• Taco Bell has been in this location since 1991, highlighting their long-term commitment to the site that was remodeled for the tenant in 2022
• The tenant is currently paying below market rent for Forestville, MD

• The subject property is an outparcel to Penn Mar Shopping Center (385,000+ SF) with tenants including Ross, PetCo, Burlington, Dollar Tree & more
• Across the street from Target anchored Centre at Forestville (460,000+ SF), with other tenants including: JCPenney, DXL, Chipotle, AT&T, and others
• Strong tenant synergy promotes crossover shopping to the subject property
• The subject property is located in a dense retail corridor with high barriers for entry
• The site sits on Donnell Dr (18,500 VPD), in between Pennsylvania Ave
(60,200 VPD) & Marlboro Pike (20,000 VPD)
• Taco Bell is located at the signalized, hard corner entrance to Penn Mar shopping center, providing excellent visibility & access

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Listing ID: a28TP0000034CgnYAE