Frederick, MD - Tobacco Hut

Description:

• The tenant currently has 7 years remaining after just recently extend their lease, demonstrating their commitment to the site
• The lease features 3% annual rental increases throughout the initial term, growing NOI and hedging against inflation

• The asset is located at the signalized, hard corner intersection of W Patrick St and Grove Hill Rd which combined average 44,000 VPD
• The site benefits from nearby direct on/off ramp access to Interstate 70, a major thoroughfare that averages 103,900 vehicles passing by daily
• The asset has excellent visibility and multiple points of ingress/egress

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Listing ID: a28TP000001vuRVYAY