Hospital-Connected Medical Office
For Sale
$850,000
11701 Livingston Rd #302/303, Fort Washington, MD 20744
Occupied medical office suites with established dermatology tenancy and direct connection to a major local health system.
Property SizeContact for details
Days on Market52
Property Features for 11701 Livingston Rd #302/303
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Cap Rate
7.24%
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,731
Building Details
Year Built
1984
Listing Agency:
THE GENAU GROUP, LLC.
(202) 735-5382
Listed By:
FLETCHER DAVID GILL · License #DCPB98371620
Source:
Corcoran
Added: Jun 21
Changed: Aug 8
Last Checked: Jun 25 at 8:31PM
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 THE GENAU GROUP, LLC.
Investment Insights
Based on property information with market context.
These for-sale medical office suites are located within a medical office building and are currently occupied by Advanced Dermatology, with occupancy since 2019. The listing notes an established in-place income stream from the existing tenant. The remarks also indicate availability as part of a larger portfolio opportunity, with Suite 202 available individually or together with these suites.
The suites are directly connected to Adventist HealthCare Fort Washington Medical Center, and the property is described as benefiting from proximity to hospital services, physicians, and patient referrals. The location is along Livingston Rd, with easy access to MD-210 (Indian Head Highway), National Harbor, and the Capital Beltway.
For buyers seeking medically oriented space with an operating tenant, these suites provide a straightforward path to ownership based on the current occupancy. The remarks list a stated cap rate of 7.24% for the individual sale, and they note a cap rate of 7.69% if purchased with Suite 302/303. Buyers also have the option to evaluate the suites individually or in combination with Suite 202, depending on their acquisition strategy.
The suites are directly connected to Adventist HealthCare Fort Washington Medical Center, and the property is described as benefiting from proximity to hospital services, physicians, and patient referrals. The location is along Livingston Rd, with easy access to MD-210 (Indian Head Highway), National Harbor, and the Capital Beltway.
For buyers seeking medically oriented space with an operating tenant, these suites provide a straightforward path to ownership based on the current occupancy. The remarks list a stated cap rate of 7.24% for the individual sale, and they note a cap rate of 7.69% if purchased with Suite 302/303. Buyers also have the option to evaluate the suites individually or in combination with Suite 202, depending on their acquisition strategy.
Key Highlights
- 1984‑built medical office suite with established Advance Dermatology tenancy since 2019
- In‑place income from day one with immediate cash flow tied to existing tenant occupancy
- Cap rate reported as 7.24% (available individually) and 7.69% if purchased with Suite 302/303
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 20744, MD
52,747
Population
21,014
Households
2.5
Avg Household Size
44
Median Age
36%
College-Educated
90%
High-School Grad
26.1 sq mi
ZIP Area
2,021
Density / Sq Mi
$124,838
Median Household Income
$57,168
Median Earnings
$1,751
Median Rent
$418,100
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Occupied medical office suites with established dermatology tenancy and direct connection to a major local health system.
Where is this medical office space located?
The property is located at 11701 Livingston Rd #302/303 Fort Washington, MD.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1984‑built medical office suite with established Advance Dermatology tenancy since 2019; In‑place income from day one with immediate cash flow tied to existing tenant occupancy; Cap rate reported as 7.24% (available individually) and 7.69% if purchased with Suite 302/303
