Properties for Sale
Please contact us for a complete listing of available properties!
SOLD
7-Eleven
Ft. Myers, FL
Building: 2,940 +/- sf built in 2012 on 0.82+/- acres of land located outside of Edison Mall, over 1M sq. ft. of retail space with 160 stores. Located on a signalized intersection with Solomon Blvd and across from Ft. Myers Airport, serving 10.3M passengers annually. Daily traffic counts of 54,000 VPD in front of the site on Colonial Blvd.
Ownership: Fee simple ownership, land and building are included. May qualify for accelerated depreciation. Check with your accountant for more details.
Lease Term: 5.5 years remaining on the corporate NN lease running until August 31, 2027, with 4, 5-year options with 10% increases in the options. Landlord is responsible for roof, structure, and windstorm insurance. Existing 20 -year transferable roof warranty.
Rent: $156,525 (including September 1, 2022 increase)
Asking Price: $3,350,000 or 4.67% cap.
Contact Rachel at 301-514-3069 or Rachel@marstellerrealty.com for more information or to make an offer.

SOLD
Rite Aid (Walgreens Credit)
Shepherdstown, West Virginia
Location: Located at the NE corner of Martinsburg Pike (Rt.45) and Maddex Square Drive. Located adjacent to Food Lion, United Bank, McDonalds, Quality Inn and less than a mile from Shepherd University with an enrollment of 3,779 students.
Building: 11,597 +/- sf building built in 1998 with drive-thru window.
Land: 1.74+/- acres of land.
Existing Lease: Tenant has been on site for 20 years just exercised it first five year option running until March 30, 2023 on a corporate NN lease, with three, five-year options remaining with rare approx. 3.9% rental increases in each of the options. Landlord is responsible for roof and structure.
Rent: $146,167 annual minimum rent vs. 1.5% of sales. Features rare approx. 3.9% rental increases in each of the five-year option periods.
Store Sales: Consistent total store sales reported $4,391,000 for 2017 with an attractive 3.32% rent to sales ratio, excluding beer and wine, lottery, tobacco products, milk & bread, soft drinks, etc. and paying a rent of $12.88 per sq. ft.
Asking Price: $2,165,437 or a 6.75% cap
Contact Rachel at 301-514-3069 or Rachel@marstellerrealty.com for more information or to make an offer.

Sold
Properties for Lease
Sold
Please contact us for a complete listing of available properties!
Warehouse/
Office Space
1 Wormans Mill Ct
Units 12 & 13
Frederick, MD
Location: Located just south of the new Wegmans and Lowes shopping center on Rt. 26 at Clemson Corner lifestyle center, featuring new townhomes, health center and national retailers. Also in close proximity to the new Super Walmart anchored shopping center. Highly desirable area with frontage on Rt. 355 off of Rt. 26. Hard to find industrial mixed use condo building
Building: Two (2) condominium office/retail/warehouse units totaling 4,767 sq. ft. Both units have HVAC throughout with one (1) bath each and 20-ft clearance in warehouses. Buildings were built in 1990.
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Unit 12 has a total of 2,276 sq. ft. (760 sq. ft. warehouse and 1,516 sq. ft. of office/lab space with a loading dock.
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Unit 13 has a total of 2,491 sq. ft. (952 sq. ft. of warehouse and 1,539 sq. ft. of office/lab) with a drive in door.
Available: Now
Asking Rent: $15 per sq. ft. NNN annually
* Additional rent of CAM & tax reimbursement. See OM for further details.
Contact Rachel at 301-514-3069 or Rachel@marstellerrealty.com for more information or to make an offer.
