物业参观必须提前预约。请联系Dan Flamholz预约，邮箱：dan@greenspringrealty.com电话：410-977-4738。
投资亮点：
这是一处两层单租零售餐厅建筑，坐落于马里兰州贝莱尔市（Bel Air, MD），总面积约8100平方英尺
NNN长期初始租赁，年租金上调3％，两种五年期权续约方式可选
得到几家成功的当地餐厅经营者的个人保证
与其它几家餐厅共同坐落于两个街区房产的贸易走廊地段
这块占地面积3英里的交易区人口密集，住户为67686人，平均HH为115442美元
这处独特的建筑，既拥有砖墙和明椽的历史特色，同时搭配品牌新餐厅内的现代化的餐饮设施
投资概述：
位于马里兰州贝尔艾尔市（Bel Air, Maryland）S主街119号一处单租三重净租赁零售建筑，近期出租给当地一家知名的餐厅（房产），总面积为±8100平方英尺，建筑面积为±0.14英亩。
该处建筑建于1920年，2004年经过改造，目前这座两层建筑整租给租户Black Eyed Suzies。经营者在这座建筑上投入巨大，对厨房设备和新酒吧进行全新改造升级。地下室经过扩建，包含办公室、储物室、大房间以及运输通道。目前的租户已于二零一六年九月起进驻，NNN租约至二零二六年八月三十一日，届时将有两种五年续约方式可供选择。该处房产位于贝莱尔市（Bel Air）中心的商业和市政区。
Property tours are available by appointment ONLY. Please contact Dan Flamholz to schedule at dan@greenspringrealty.com or 410-977-4738.
Investment Highlights:
±8,100 SF two-story fully occupied single tenant retail restaurant building in Bel Air, MD
NNN long term initial lease with 3% yearly rental increases and 2 five-year options to renew
Personally guaranteed by the operators with several successful local restaurants
Trade corridor location with several other restaurants within two blocks of Property
Dense demographics within 3-mile trade area with ±67,686 residents and average HH of $115,442
Unique building with historical character of brick walls and open rafters mixed with modern restaurant amenities of a brand-new restaurant
Investment Overview:
A single tenant triple net leased retail building currently leased to a well-known local restaurant (the Property) is a ±8,100 SF two-story, restaurant building on ±0.14 acres and located at 119 S Main Street in Bel Air, Maryland.
Constructed in 1920 and remodeled in 2004, the two-story building is currently 100% occupied by a single tenant, Black Eyed Suzies. The operators have invested significant capital into the building, with upgraded kitchen equipment and new bars. The basement is fully built out with offices, storage, walk-ins, and delivery access. The current tenant has been in place since September 2016 with a NNN lease scheduled to expire August 31, 2026 with two (2), 5-year renewal options. The Property is located in the heart of downtown Bel Air, within the business and municipal district. There are three bus stops within 0.3 miles of the Property, giving the Property a very walkable score of 81. The average daily traffic count at the intersection of South Main Street and Fulford Avenue, located approximately 0.14 miles away, is over 11,500 vehicles per day.
Black Eyed Suzie’s is 100% owned and operated by the Alliance Restaurant Group. This best in class operational team has multiple high performing locations in Maryland including Southern Provisions, Blue Agave, Outpost Tavern, and No Way Jose. Alliance takes pride in providing its customers with terrific food in an approachable and family friendly environment.
Direct access to the Property is provided with curb cuts off South Main Street, Cortland Place, and South Hickory Avenue. South Main Street provides service to Highway 1, approximately 2.0 miles northwest of the property, which connects Bel Air with Baltimore to the southwest and Philadelphia to the northeast. Interstate 95, approximately 10.7 miles from the Property, is the major highway corridor running from Maine to Florida. There are two small airports nearby: Fallston Airport is approximately 5.0 miles southwest and Forest Hill Airport is approximately 4.7 miles northwest. The Baltimore/Washington International Thurgood Marshall Airport lies approximately 38 miles to the southwest. Surrounding land uses are primarily retail and commercial properties, with residential districts further east and west. The area’s demographics include an estimated 2017 population of 67,686 people with an average household income of $115,442 within a 3-mile radius of the Property.
The Town of Bel Air boasts an extensive range of recreational and entertainment choices. A large number of parks, eight of which are within approximately 2.5 miles of the property, draw incoming local and tourist traffic. Rockfield Park, approximately 0.6 miles away, is a popular wedding and private event destination. Downtown Bel Air is also home to a vibrant arts and entertainment district. The Harford Artists Gallery lies approximately 0.2 miles northwest along main street, displaying artwork as well as hand-made jewelry and pottery. The Bel Air Armory, a historic national guard armory, is similarly nearby and available for rent for events and parties. The Property is approximately 1.6 miles from University of Maryland Upper Chesapeake Health, the second largest private employer in Harford County. The most common industries in Harford County are health care & social assistance, retail trade, educational services, and public administration. Professional, scientific, management, administrative, and waste management services provide 24.5% of employment in Harford County. Harford Community College contains APGFCU Arena, the largest indoor venue in northeastern Maryland, which lies four miles northeast of the Property.
The Property offers a solid income play with above average cash on cash return levered and located in the heart of downtown Bel Air, within the business and municipal district.
Free Asset Summary Report AvailableWe've partnered with Situs, one of the most trusted names in commercial real estate research, to provide unbiased third-party insight for this asset. You can find the full, complimentary Asset Summary Report under the secure due diligence tab above. This property will be auctioned on Monday, February 26 - Wednesday, February 28 . The price displayed is the starting bid amount of $650,000. For information and to register to bid on this property, please visit Ten-X.com.
