$3,185,244

Triple Net Investment Group is proud to present 10601 Baltimore Avenue NNN Master Lease. Property is located at 10601 Baltimore Avenue, Beltsville, MD, 20705. Tenant after successfully operating on first floor for 5 years agreed to extend the lease for 15 more years for entire building and expand his business to the second floor. Tenant executed a NNN Master Lease with personal guarantee which has no LL responsibilities. Holmes spent $450k in built out and landlord spent $50k on third floor renovation in 2022. Holmes Lounge LLC subleases to an office, salon and media company on the 3rd floor, they occupy the 1st an d2nd floors exclusively. The property is situated on .4 Acres of land and has a building size of 9,080+ Sq ft. This location features strong demographics with an estimate of +1,300,000 population, and a Average Household income of +$117,000 - all in a 5 mile radius. This dense retail corridor has many national tenants such as Aldi, IKEA, 7-Eleven, McDonalds, and many more. Tenant operates 2 other locations in DMV and is very strong financially