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Investment Highlights

  • Attractive four-story medical and office condominium building updated with an expansive lobby and upgraded finishes.
  • Offers fully customizable suites supported by modern building systems and controlled access security.
  • Excellent vehicular and public transport access, including MARC Train Station and multiple major roadways.
  • Located at the core of Germantown Town Center, near Holy Cross Germantown Hospital and major civic institutions.
  • Abundant on-site parking complemented by nearby shopping, dining, and recreational amenities within walking distance.
  • Owner-favorable financing options available, making the purchase process more attainable.

Executive Summary

4 story office and medical building with newly renovated (2019) lobby, elevators and restrooms with elegant finishes and welcoming white and bright open atrium lobby. The property is located next to the heart of Germantown at the intersection of Middlebrook Road and Germantown Road. The Germantown Town Center is located here and the property is also located very close to the Germantown Holy Cross Hospital that opened in 2014. This is a great building for medical and professional office tenants or users seeking a condo purchase opportunity in Germantown, Maryland with customized suites and state of the art mechanical, electrical and security systems. The parking is free and ample with a multitude of nearby (walkable) shopping centers with many restaurants, banks, amenities beyond just shopping including recreational parks and residential areas and the Germantown MARC Train Station.

9 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 108
  • 4,171 SF
  • Office/Medical
  • $1,833,656 CAD ($439.62 CAD/SF)
  • -
Sale Type Owner User
Description
First floor office / medical / retail space available for condo purchase. This space faces Middlebrook Road and has its own exterior suite entrance.
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 255
  • 2,946 SF
  • Office/Medical
  • $1,130,662 CAD ($383.80 CAD/SF)
  • -
Sale Type Owner User
  • Unit 301
  • 1,243 SF
  • Office/Medical
  • $477,058 CAD ($383.80 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Prime space on the floor directly off the elevator banks.
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 302
  • 2,546 SF
  • Office/Medical
  • $977,143 CAD ($383.80 CAD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 303
  • 3,535 SF
  • Office/Medical
  • $1,356,717 CAD ($383.80 CAD/SF)
  • -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.  
$265 psf
Includes $30 seller credit towards build out
  • Unit 305
  • 1,108 SF
  • Office/Medical
  • $425,245 CAD ($383.80 CAD/SF)
  • -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 310
  • 1,243 SF
  • Office/Medical
  • $477,058 CAD ($383.80 CAD/SF)
  • -
Sale Type Owner User
  • Unit 460
  • 3,071 SF
  • Office/Medical
  • $1,178,636 CAD ($383.80 CAD/SF)
  • -
Sale Type Investment or Owner User
  • Unit 480
  • 2,726 SF
  • Office/Medical
  • $1,046,227 CAD ($383.80 CAD/SF)
  • -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
Unit Unit Size Condo Use Price NOI
Unit 108 4,171 SF Office/Medical $1,833,656 CAD ($439.62 CAD/SF) -
Unit 255 2,946 SF Office/Medical $1,130,662 CAD ($383.80 CAD/SF) -
Unit 301 1,243 SF Office/Medical $477,058 CAD ($383.80 CAD/SF) -
Unit 302 2,546 SF Office/Medical $977,143 CAD ($383.80 CAD/SF) -
Unit 303 3,535 SF Office/Medical $1,356,717 CAD ($383.80 CAD/SF) -
Unit 305 1,108 SF Office/Medical $425,245 CAD ($383.80 CAD/SF) -
Unit 310 1,243 SF Office/Medical $477,058 CAD ($383.80 CAD/SF) -
Unit 460 3,071 SF Office/Medical $1,178,636 CAD ($383.80 CAD/SF) -
Unit 480 2,726 SF Office/Medical $1,046,227 CAD ($383.80 CAD/SF) -

Unit 108

Unit Size
4,171 SF
Condo Use
Office/Medical
Price
$1,833,656 CAD ($439.62 CAD/SF)
NOI
-

Unit 255

Unit Size
2,946 SF
Condo Use
Office/Medical
Price
$1,130,662 CAD ($383.80 CAD/SF)
NOI
-

Unit 301

Unit Size
1,243 SF
Condo Use
Office/Medical
Price
$477,058 CAD ($383.80 CAD/SF)
NOI
-

Unit 302

Unit Size
2,546 SF
Condo Use
Office/Medical
Price
$977,143 CAD ($383.80 CAD/SF)
NOI
-

Unit 303

Unit Size
3,535 SF
Condo Use
Office/Medical
Price
$1,356,717 CAD ($383.80 CAD/SF)
NOI
-

Unit 305

Unit Size
1,108 SF
Condo Use
Office/Medical
Price
$425,245 CAD ($383.80 CAD/SF)
NOI
-

Unit 310

Unit Size
1,243 SF
Condo Use
Office/Medical
Price
$477,058 CAD ($383.80 CAD/SF)
NOI
-

Unit 460

Unit Size
3,071 SF
Condo Use
Office/Medical
Price
$1,178,636 CAD ($383.80 CAD/SF)
NOI
-

Unit 480

Unit Size
2,726 SF
Condo Use
Office/Medical
Price
$1,046,227 CAD ($383.80 CAD/SF)
NOI
-

Unit 108

Unit Size 4,171 SF
Condo Use Office/Medical
Price $1,833,656 CAD ($439.62 CAD/SF)
NOI -
Sale Type Owner User
Description
First floor office / medical / retail space available for condo purchase. This space faces Middlebrook Road and has its own exterior suite entrance.</li></ul>
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 255

Unit Size 2,946 SF
Condo Use Office/Medical
Price $1,130,662 CAD ($383.80 CAD/SF)
NOI -
Sale Type Owner User

Unit 301

Unit Size 1,243 SF
Condo Use Office/Medical
Price $477,058 CAD ($383.80 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Prime space on the floor directly off the elevator banks.</li></ul>
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 302

Unit Size 2,546 SF
Condo Use Office/Medical
Price $977,143 CAD ($383.80 CAD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 303

Unit Size 3,535 SF
Condo Use Office/Medical
Price $1,356,717 CAD ($383.80 CAD/SF)
NOI -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.&nbsp;&nbsp;<br> $265 psf <br> Includes $30 seller credit towards build out</li></ul>

Unit 305

Unit Size 1,108 SF
Condo Use Office/Medical
Price $425,245 CAD ($383.80 CAD/SF)
NOI -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 310

Unit Size 1,243 SF
Condo Use Office/Medical
Price $477,058 CAD ($383.80 CAD/SF)
NOI -
Sale Type Owner User

Unit 460

Unit Size 3,071 SF
Condo Use Office/Medical
Price $1,178,636 CAD ($383.80 CAD/SF)
NOI -
Sale Type Investment or Owner User

Unit 480

Unit Size 2,726 SF
Condo Use Office/Medical
Price $1,046,227 CAD ($383.80 CAD/SF)
NOI -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 76,267 SF
Property Type Office
Property Subtype Medical
Building Class A
Floors 4
Typical Floor Size 19,066 SF
Year Built 1989
Lot Size 3.44 AC
Parking Ratio 3.35/1,000 SF
Zoning CR-2.0 C-1.75 R-0.75 H-10 - CR zone is intended for larger downtown, mixed-use, and pedestrian-oriented areas in close proximity to transit options such as Metro, light rail,bus

Amenities

  • Atrium
  • Bus Line
  • Controlled Access
  • Property Manager on Site
  • Signage
  • Natural Light
  • Partitioned Offices
  • Air Conditioning
  • Balcony
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 15475430

  • Date on Market: 2019-03-18

  • Last Updated:

  • Address: 12850 Middlebrook Rd, Germantown, MD 20874

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