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2801 Foster Ave 4,880 - 14,280 SF of Retail Space Available in Baltimore, MD 21224
HIGHLIGHTS
- Stand Alone Building on 1 Acre in Highly Desirable Canton
- Keep as retail or redevelop!
- 1 Acre Site - an entire city block
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite 1 | 9,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste Suite 2 | 4,880 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste Suite 1
This former Rite Aid is 145' deep and approximately 63' wide. The property is 1 acre and has +/-57 parking spaces on site. This has been a consistently ocupied property since it was built 60 years ago. Could be expanded to encompass the entire 14,280 SF. There is a bonus mezzanine of +/- 1,000 SF as well. Zoned R-8 so it allows a wide variety of commercial and residential uses.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 14,280 SF of adjacent space
- 1 Loading Dock
- Former Rite Aid store from 9,500SF to 14,280 SF
- For Sale of Lease
- Heart of Canton with Parking
- 1 Acre site - an entire city block
1st Floor, Ste Suite 2
This medical suite boasts lots of offices with plumbing as well as waiting rom, kitchen, offices.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 14,280 SF of adjacent space
- 1 Loading Dock
- Heavy density office build out for medical use
- Free Parking on Site
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 2801 FOSTER AVE, BALTIMORE, MD 21224
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ascension
- Health Care
- 763
- National
- Rite Aid
- Drug Store
- 3,062
- National
- Saint Agnes Medical Group: Williams & Associates
- Health Care
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ascension | Health Care | 763 | National |
| Rite Aid | Drug Store | 3,062 | National |
| Saint Agnes Medical Group: Williams & Associates | Health Care | 1 | - |
PROPERTY FACTS
| Total Space Available | 14,280 SF | Year Built/Renovated | 1964/1985 |
| Property Type | Retail | Parking Ratio | 3.99/1,000 SF |
| Gross Leasable Area | 14,280 SF |
| Total Space Available | 14,280 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,280 SF |
| Year Built/Renovated | 1964/1985 |
| Parking Ratio | 3.99/1,000 SF |
ABOUT THE PROPERTY
This property has been a vital part of the highly desirable Canton for 65 years. First it was a neighborhood ACME Supermarket from 1965 for 20 years after. Then it was a Rite Aid pharmacy for the next 40 years. This property, zoned R-8, allows for multifamily townhouse construction, as well as daycare, medical, retail, and other commercial uses. Lots of options and potential, so bring your vision. There just isn't a property like this in Canton!
NEARBY MAJOR RETAILERS
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2801 Foster Ave
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