13 Fedor Avenue
Gaithersburg , MD
Property Size
19,375 sq. ft.
Sale Price
$799,000
Description
FOR SALE
FULLY LEASED INVESTMENT PROPERTY WITH FUTURE DEVELOPMENT POTENTIAL
• Site consists of 2 contiguous lots, approx. 12,500 SF & approx. 6,875 SF, for a total of 19,375 of land, more or less.
• Zoned CRT, Montgomery County, MD.
• Area is fenced with a combination of asphalt & gravel surface.
• Site is leased to a towing company through May 31, 2028.
• Rent being paid by tenant is $5,408/month NNN, effective 6/1/2025, with a 4% annual escalation each June 1st.
• Tenant pays all real estate taxes, landlord’s insurance, and all other operating costs.
• Sale Price: JUST $799,000.
• Approximate CAP rate is 8.12%.
• The site may be suitable for development upon vacating by tenant.
Amenities
- Commercial Land
- Fenced Lot
- Flex Space
- Storage