105 Centennial St, La Plata, MD
3,087 SF office condo in La Plata, Maryland.
- Added:
- May 8, 2023
- Days on Market:
- 1130
- Last Refresh:
- May 20 at 8:33 pm
Property Features for 105 Centennial St
General Information
- Standard status
- Active
- Size
- 3,087 SF
- Lot size
- 0.04 Acres
- Property subtype
- OFFICE
Listing agent Christopher "Chris" Shasho (301) 643-6612
Listing office Shasho Consulting, P.A. Commercial Real Estate (301) 643-6612
Listing date May 8, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Shasho Consulting, P.A. Commercial Real Estate
HighLights
- Spacious 3,087 sf condominium.
- Open office space plan featuring a reception area, three private offices, glass conference room, two restrooms, kitchenette, and storage room.
- Conveniently located in La Plata, close to restaurants, shopping, and government offices.
- Minutes to University of Maryland Charles Regional Medical Center.
- Patio space available.
- Elevator and stair access.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.9k | $24.60 |
| − Vacancy | −$13.1k | −$4.23 |
| EGI | $62.9k | $20.37 |
| − OpEx | −$15.7k | −$5.09 |
| NOI | $47.2k | $15.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- La Plata
- County
- Charles
- State
- Maryland
- Longitude
- -76.9795
- Latitude
- 38.5274
