6900 New Hampshire Ave, Takoma Park, MD 20912
Price
$4,495,000
Cap Rate
5.26%
NOI
$236,644.68
This offering presents a rare opportunity to acquire a property leased to 7-Eleven, Inc., an investment-grade tenant with an S&P rating of A. The lease offers more than 9 years of term remaining and features absolute net terms, providing investors with zero landlord responsibilities. Located just 3 miles from the University of Maryland, home to over 30,000 students, and only 6 miles from the U.S. Capitol Building, this property is ideally situated in a high-demand, strategic location.
Positioned at a signalized intersection (New Hampshire Ave & Hwy 410) with a combined traffic count exceeding 50,000 vehicles per day, the property is surrounded by a strong mix of national retailers, including Lidl, AutoZone, Planet Fitness, Wendy’s, and Dunkin’ Donuts. The property has a prime position on New Hampshire Ave, a main commuter thoroughfare running south into Washington, DC.
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