Retail Business for Sale in Baltimore, MD
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Baltimore, MD 21231
Description
The desirable retail spaces at 1405 Point capitalize on a highly visible, highly trafficked corner location at the convergence of Caroline Street, Point Street, and Thames Street. The two-story end cap unit features generous 13’–14’ ceilings, large expansive glass windows, and a view of Baltimore’s harbor and the iconic Domino Sugar sign. The two floors can be leased together or separately. Leased together as one space creates opportunities for a grand staircase, passenger elevator, and direct access to the 2nd floor outdoor patio.
Market Context
This retail in Baltimore, MD is listed for sale. It has been on the market for 93 days. Compare it against other retail listings for sale in Baltimore, MD — <a href="/search/sale/retail/maryland/baltimore">view the full market</a>.
As of Q3 2023, the Baltimore retail market showed a 6.1% vacancy rate, average asking rents near $25.01/SF/yr, and cap rates around 6.8%. Source: Consensus Q3 2023 market report.
Retail market FAQ
- What is the typical cap rate for retail in Baltimore?
- About 6.8% as of Q3 2023, per Consensus.
- Is the Baltimore retail market tightening or softening?
- Vacancy is around 6.1% (Q3 2023).
Contact
- Ana Henrich · ana.henrich@jll.com
Explore this market
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