Retail Space For Lease @ 1620 Pennsylvania Ave

Brexton Commercial is pleased to present for sale a net leased Dollar General investment opportunity in Baltimore, MD. The property consists of a 8,420 SF building on 42,166 SF of land. The property is located in an urban neighborhood and benefits from lack of competition in the nearby area, as well as strong population density of over 50,000 residents within a 1-mile radius. The store was fully renovated in 2009 when the tenant signed a new 10-year lease. Tenant has 3 renewal options of 5-years each with 5% escalations at the start of each renewal term. Tenant exercised its first renewal option and has over 2-years remaining on its term. They are currently renovating the store showing a commitment to the area due to strong sales and store traffic. Dollar General is an essential service based retailer which caters to the local community. This space offers accomodations for: free standing building.