Log In/Sign Up
Your email has been sent.
Essex Medical Center 404-406 Eastern Blvd 9,148 SF 100% Leased Office Building Essex, MD 21221 $1,849,108 CAD ($202.13 CAD/SF) 8% Cap Rate
Investment Highlights
- Medical/Office Space Available in Essex.
- Ample On-Site Parking Spaces.
Executive Summary
Fantastic retail building for sale, 95% leased. With 2 long term tenants (insurance agency and pharmacy) and one new daycare tenant this property is a great stabilized asset. The building offers 22 parking spaces that are available, a rarity among Eastern Blvd. As a value add there is a large lower level that is available for storage or similar use to make additional income. Rent roll and expense data available in documents section.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
9,148 SF
Building Class
B
Year Built/Renovated
1965/1991
Price
$1,849,108 CAD
Price Per SF
$202.13 CAD
Cap Rate
8%
NOI
$147,929 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,148 SF
Building FAR
0.49
Lot Size
0.43 AC
Zoning
BL,CCC, County - Business Local. Typical Uses Permitted by Right: Retail Sales, Personal Services, Restaurant, Bank, Office, Tavern, Food Store, And Medical Clinic.
Parking
28 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 15-1516550470 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $989,798 CAD |
Property Taxes
Parcel Number
15-1516550470
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$989,798 CAD
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Essex Medical Center | 404-406 Eastern Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.