11 Charles StBaltimore, MD 21201

This exceptional investment opportunity presents a 9,798 square foot FedEx Office storefront in Baltimore, MD's vibrant downtown. Located at 11 S Charles St, this 1912-built property sits on a 0.11-acre corner lot and boasts a strong Net Operating Income (NOI) of $213,107 annually. The current lease, a Triple Net (NNN) agreement with the landlord responsible for roof and structure, extends for three years, with a three-year option including a 10% rent increase, boosting NOI to $234,466. The tenant, FedEx Office, has occupied the space since January 2004, demonstrating long-term stability. The asking price is $3,205,000, representing a compelling 6.65% cap rate. The property's total square footage, including the basement, is 14,479 square feet, though the basement is not included in the rentable square footage calculation. This prime location offers significant potential for long-term growth and passive income. The property's strong tenant, favorable lease terms, and prime downtown location make it an attractive investment opportunity. The building's historic character adds to its unique appeal. This is a rare chance to acquire a high-performing, net-leased retail property in a desirable urban setting.