Germantown Office Suite For
19713-19721 Executive Park Terr Germantown, MD
19713-19721 Executive Park Terr, Germantown, MD, 00000
Contact for pricing
For Sale
Contact for pricing
First floor, 1,000 SF office suite with excellent exposure.
Property Size1,000 SF
Lot Size6.50 Acres
Price / SF$275
Days on Market1205
Property Features for 19713-19721 Executive Park Terr
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Lot size
- 6.50 Acres
- Property subtype
- OFFICE
Listing agency
Jay Clogg Realty Group, Inc.
(301) 340-9400
Listed by
Jay Clogg · License #67699
Source
Moodyscre
Added: Apr 4, 2023 Updated: Jul 10 at 11:54AM Checked: Jul 19 at 5:33AM
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 Jay Clogg Realty Group, Inc.
Investment Insights
Based on property information with market context.
This approximately 1,000 square foot office suite is available for sale. The first-floor suite features no steps and is located in the front row, facing the main road, offering excellent signage and exposure. The layout includes a reception area, a business office, three rooms, a kitchenette, and a restroom. Previously occupied by an allergist, this unit is suitable for medical or general office use in Germantown, Maryland.
Key Highlights
- Excellent signage and exposure due to front row location facing main road.
- First floor suite with no steps.
- Approx. 1,000 saleable SF.
Local Financial Insights For Healthcare Medical
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 | $32.3k | $32.28 |
| − Vacancy | −$6.1k | −$6.07 |
| EGI | $26.2k | $26.21 |
| − OpEx | −$10.5k | −$10.48 |
| NOI | $15.7k | $15.73 |
1,000 SF · lease $32.28/SF/yr · vacancy 18.80% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$224.7K
$196.6K – $262.1K
NOI $15,727 @ 7.0% cap · market cap 5.72%
Second Best
Office B
$174.6K
$152.8K – $203.7K
NOI $12,221 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$351.8K
$307.8K – $410.4K
NOI $24,624 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Germantown Veterinary Clinic — 19911 Father Hurley Blvd, Germantown, MD 20874
- Petco Vaccination Clinic — 12960 Middlebrook Road #520A, Germantown, MD 20874
- Thrive Pet Healthcare - Germantown — 19728 Germantown Rd, Germantown, MD 20874
FAQs
What type of property is this?
Medical Office Space - First floor, 1,000 SF office suite with excellent exposure.
Where is this medical office space located?
The property is located at 19713-19721 Executive Park Terr Germantown, MD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Excellent signage and exposure due to front row location facing main road.; First floor suite with no steps.; Approx. 1,000 saleable SF.