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503 Cynwood Dr Easton, MD 21601

For Sale
$1,595,000

High-yield, long-term leased commercial space.

Property size:
5,508 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional 5,508 square foot commercial condominium in Easton, MD, presents a compelling investment opportunity. Currently leased to a well-established tenant under a long-term, Net-Net-Net (NNN) lease with automatic renewals, this property offers significant financial stability and predictable income. The property boasts excellent visibility and ample parking, making it highly attractive to both tenants and customers. Zoned for commercial use, it's particularly well-suited for medical or related businesses. The building is in excellent condition and the current lease provides a 6.75% capitalization rate at the asking price of $1,595,000. This is a rare chance to acquire a turnkey commercial property with a strong, established tenant and a proven track record of success. The property's location in Easton, MD, offers easy access to major transportation routes and a thriving local economy. The NNN lease structure minimizes the owner's operational responsibilities, further enhancing the investment's appeal. This is an ideal opportunity for investors seeking a stable, high-yield asset with long-term growth potential. The property's size and zoning make it versatile and adaptable to a range of commercial uses, ensuring its continued value and marketability in the years to come. Don't miss this chance to secure a prime commercial investment in a desirable location.

Property Features for 503 Cynwood Dr

General Information

Property type
Other commercial real estate
Square Feet
5,508 SF

Building Details

Year Built
2003

Property Profile Location Intelligence

Current Use by Public Records

Eglseder III Ludwig ... Family Practice Physician Dr. Martin Forrest, ... Intensivist Hill's Home Health ... Medical Supply Store James Myers Pharmacy Lisa Townsend Pharmacy

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Easton
County
TALBOT
State
Maryland
Longitude
-76.06358
Latitude
38.76365

FAQs

What type of property is this?
Commercial real estate - High-yield, long-term leased commercial space.
Where is this commercial real estate located?
The property is located at 503 Cynwood Dr Easton, MD.
What is the asking price?
The asking price for this property is $1,595,000.
More about this property
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