1015 & 1025 West Nursery Road, Linthicum Heights

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1015 & 1025 West Nursery Road, Linthicum Heights
100% owned by the DXS PortfolioView a list of all DXS Properties

Located just east of the intersection of I-295 (Balt/Wash Expressway) and I-695 (Balt Beltway) interchange. Two one-story, masonry and metal, multi-tenant, warehouse/flex buildings. Roof systems are metal.

Building Type: Industrial Estate
Title:  Freehold
Site Area: (acres)  7.8
Lettable Area: ('000 ft2)  88.1
Number of Buildings:  2 
Car Parking Space/s:  210 

Major Tenant: Tender Heart Group, LLC



Metro Area: Baltimore 
Zoning: City Centre 
Site Coverage: (%)30
Number of Units: 
Average Unit Size ('000 ft2): 18 
Acquisition Date: Sep 2004 
Acquisition Price plus Additions: (US$m) 6.8
Book Value: (US$m)5.8
Independent Valuation Date:Jun 2010 
Independent Valuation: (US$m)5.8 
Market Cap Rate: (%)8.75
Initial Yield: (%)6
Discount Rate: (%)9.5
Average Passing Rent: (US$/ft2)4.06
Average Market Rent: (US$/ft2)6.75
Leased by Area: (%)43
Weighted Lease Term by Income: (year/s)2.4
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Data last updated: 18 August 2010