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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area

Property Description

Jones Lang LaSalle Americas, Inc. (JLL), as exclusive representative for the owner, is pleased to present this offering for the sale of the 8024 Telegraph Road, a 363,872 square foot cold storage and distribution facility in the heart of the Baltimore-Washington industrial corridor.


The property is strategically located within less than 4 miles of Route 295, offering direct access between Baltimore and Washington, DC. Additionally, this location allows users to reach more than 80% of the United States population within a two-day drive.

Investment Highlights

  • 100% leased, 363,872 SF cold storage/distribution building, 30' clear heights and LED lighting
  • Passive, 7 year net lease income stream with 2.5% annual escalations
  • Over $6 MM of capital invested by current ownership
  • Four 5-year renewal options at 2.5% annual escalations
  • Exceptional regional accessibility; 38 million people reachable within 300 miles
  • Tenant has underlying contractual agreement with world's pre-eminent ecommerce company
  • Proximity to the Port of Baltimore, the most efficient deep water port in the United States with over a 7.2% increase in TEU volume between 2018 and 2019
  • Ideal East Coast cold storage distribution location
  • Major Corporate presence in the area, contributing to an extremely tight market
  • +/- 5 acres of additional developable offers additional upside
Last Updated Date: 02 Nov 2020
Bruce Strasburg
Bruce Strasburg
Senior Managing Director, Capital Markets
License details
DC-SP74953 MD-316086 VA-0225026468
Craig Childs
Craig Childs
Director

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Last Updated Date: 02 Nov 2020

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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