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Town Creek Professional Center 22776 Three Notch Rd 11,884 SF 90% Leased Office Building Lexington Park, MD 20653 $2,905,560 CAD ($244.49 CAD/SF) 7.65% Cap Rate
Investment Highlights
- Two-Story Office Building
- Road Frontage
- Elevator Access
- 10 Rental Units
Executive Summary
Located on Three Notch Road along MD Route 235 in Lexington Park, Maryland, with direct access to regional travel corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,884 SF
Building Class
B
Year Built
1996
Price
$2,905,560 CAD
Price Per SF
$244.49 CAD
Cap Rate
7.65%
NOI
$222,275 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,229 SF
Building FAR
0.35
Lot Size
0.78 AC
Zoning
CMX - Commercial
Parking
48 Spaces (4.03 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Discovery Harbor Counseling
- Health Care and Social Assistance
- -
- -
- -
- G E Aircraft Engines
- Wholesaler
- -
- -
- -
- inner
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Discovery Harbor Counseling | Health Care and Social Assistance | - | - | - | ||
| G E Aircraft Engines | Wholesaler | - | - | - | ||
| inner | - | - | - | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-044961 | Improvements Assessment | $1,165,592 CAD |
| Land Assessment | $726,200 CAD | Total Assessment | $1,891,792 CAD |
Property Taxes
Parcel Number
08-044961
Land Assessment
$726,200 CAD
Improvements Assessment
$1,165,592 CAD
Total Assessment
$1,891,792 CAD
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Town Creek Professional Center | 22776 Three Notch Rd
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