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    Germantown Office Suite For Sale Title is generated by Realmo AI

    19713-19721 Executive Park Terr, Germantown, MD

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    First floor, 1,000 SF office suite with excellent exposure.

    Type:OFFICE
    Property size:
    1,000 SF
    Lot size:
    6.50 Acres
    Price / SF:
    $275/SF
    Added:
    Apr 4, 2023
    Days on Market:
    1159
    Last Refresh:
    May 20 at 9:02 pm

    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

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    Listing Contact
    Jay Clogg
    Jay Clogg

    Listing agent Jay Clogg License #67699

    Listing office Jay Clogg Realty Group, Inc.

    Listing date Apr 4, 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 Jay Clogg Realty Group, Inc.

    HighLights

    • Excellent signage and exposure due to front row location facing main road.
    • First floor suite with no steps.
    • Approx. 1,000 saleable SF.
    • Reception area, business office, three rooms, kitchenette, and restroom included.
    • Suitable for medical or professional office use.
    • Previously occupied by an allergist.

    Overview

    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.

    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 (±1% cap)
    NOI $15,727 @ 7.0% cap · market cap 5.72%
    Second Best
    Office B
    $174.6K
    $152.8K – $203.7K (±1% cap)
    NOI $12,221 @ 7.0% cap · market cap 4.44%
    Theoretical Best
    Specialty Retail
    $351.8K
    $307.8K – $410.4K (±1% cap)
    NOI $24,624 @ 7.0% cap · market cap 8.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2746
    Latitude
    39.1808

    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.
    (301) 340-9400 Call to check price and availability
    More about this property
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