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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.
DAYS ON MARKET | 1 | LAST UPDATED | 7/30/2025 |
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TRACT | NONE AVAILABLE | YEAR BUILT | 1910 |
COMMUNITY | Worcester West of Rt-113 | COUNTY | WORCESTER |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | WORCESTER COUNTY PUBLIC SCHOOLS |
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ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Worcester West of Rt-113 |
CONSTRUCTION | Block |
HEAT | Other |
LOT | 4356 sq ft |
PARKING | On Street, Parking Lot |
SEWER | Public Sewer |
SUBDIVISION | NONE AVAILABLE |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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