Last October we let you know that a 5,600 SF retail building at 26437 Ridge Rd. in Damascus was sold to a partnership headed by Alexandria, VA-based Harmon Capital Group for $1.14 million. The building has been sold again, this time for $1.3 million less than a year later.
According to Maryland Newsletters, “The Harman Capital Group sold the 5,600 square foot building to Kini Properties for $1.3 million, after buying it last fall for $1.14 million.” The building is currently home to Domino’s Pizza on the front-facing side on Ridge Rd, but the restaurant only takes up approximately 1,500 SF with no plans to close.
Per a previous Capstar Commercial Realty listing, from last year that is no longer active, there is an additional 4,100 SF looking to be leased with entrances on the back side of the building. There were two spaces available in the building- A 2,800SF space and a 1,250 SF space that was previously home to Verizon.
The retail building was built in 1987, and touts “Multiple access points off the intersection of Ridge Rd and High Corner St.” and a “Location adjacent to McDonald’s and at the primary gateway to the bustling Damascus Shopping Center which houses prominent names like Chipotle, Dollar Tree, Advance Auto Parts, T-mobile, Mathnasium, and several more.”