About 12 Broad St
The Globe is located in historic Berlin, MD. The tenant is a restaurant operator under a 3 year Triple Net (NNN) lease with two 3 year options to renew. The annual rent increases by 3% each year. Full property details can be provided upon request with a confidentially agreement. Sale price is listed at $1,645,000.00 with a 7% cap rate. The tenant operates under "Oaked at The Globe." Do not disturb the tenant or inspect the property without coordination with the listing agent.
Features of 12 Broad St
| MLS® # | MDWO2032286 |
|---|---|
| Price | $1,645,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,268 |
| Acres | 0.10 |
| Year Built | 1910 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 12 Broad St |
|---|---|
| Area | Worcester West of Rt-113 |
| Subdivision | NONE AVAILABLE |
| City | BERLIN |
| County | WORCESTER-MD |
| State | MD |
| Municipality | BERLIN |
| Zip Code | 21811 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Central A/C |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Block |
|---|---|
| Roof | Built-Up |
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Zoning | C |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Rinnier Development Co |
|---|---|
| Contact Info | (410) 742-8151 |