WINDOM ROAD COMPLEX

3403-3501 Windom Road, Brentwood, MD 20722

Purchased Q1 ‘20: $2,800,000

Refinanced Q4 ‘21: $3,450,000

Market Value: $5.75M

Sq/ft: ~36,500 / 2 ac.

 

INVESTMENT SUMMARY

Acquisition and reposition of an 8-unit infill warehouse building, returned 100% of equity in ~12 mo’s, converted 50% of existing rent roll from MG to NN leases and released 50% of building on new NNN leases at $11.00+ psf, NNN.