Bank of America NNN Property For Sale — Oxon Hill, MD
6011 Oxon Hill Road, Oxon Hill, MD 20745
An exceptional opportunity to acquire a premier bank branch located in the thriving Metro Washington, D.C. area. This property is fully leased to Bank of America with nearly 11 years remaining on a long-term triple net (NNN) lease, featuring an attractive rent escalation schedule and a single five-year renewal option. The 3,038 sq ft building is strategically positioned within Constellation Centre, a prominent mixed-use development, and benefits from high visibility and easy access just off Interstate 95/495 in Oxon Hill, MD. The local market boasts a robust retail corridor with numerous national tenants and a strong demographic profile, including upper-middle-income households and a substantial population within a five-mile radius.
- Address: 6011 Oxon Hill Road, Oxon Hill, MD 20745
- Asking price $3.88M
- 5.80% cap rate
- NOI $225,000
- 11 years remaining
- NNN lease
- Year built: 1987
- Building size: 3,038 SF
- Lease expiration: Sep 30, 2022
- Rent increases: attractive rent escalation schedule; Attractive Rental Escalation
- Guarantor: Corporate
Location
This Bank of America property is at 6011 Oxon Hill Road in Oxon Hill, Maryland.
Asset type: Retail