8209 Ocean GTWY

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8209 Ocean GTWY

Easton, MD 21601
Asking Price
$1.95M
Asset Type
Retail
Class
Class B

What's Special

Retail | 3,700 SqFt <ul><li>​Huge potential depreciation tax benefits</li><li>​Highway location in low-speed limit zones</li><li>​Easy access and circulation for customers</li><li>​Surrounded by traffic generators - Walmart, Aldi, Giant, etc</li><li>​Setup: Express automatic tunnels, single-car automatic wash bays, touchless wash bay, self-serve wash bays, and vacuum stations</li><li>​Located in a dense commercial corridor with high traffic counts</li></ul>

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

Location & Travel Times