Easton Medical/Professional Office Investment

499 Idlewild Ave, Easton, MD 21601

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For Sale

$7,000,000

20,000 SF Class A medical/professional office building for sale.

Property size:

20,000 SF

Price / SF:

$350/SF

HighLights

100% Occupancy with tenants exceeding five‑year terms, ensuring immediate and stable income.
Potential for significant Return on Investment within the first few years.
20,000 square feet of Class A medical and professional office space.
Constructed in 2019, exceeding building efficiency code requirements.
Prime location in the Easton medical and professional corridor, near Route 50, University of Maryland Shore Medical Center, and downtown Easton.
Triple‑net lease structure, simplifying management and reducing owner responsibilities.

We can help!

Listing Contact

Chelsye Phillips-Hutton

For Sale

$7,000,000

20,000 SF Class A medical/professional office building for sale.

Property size:

20,000 SF

Price / SF:

$350/SF

Added:: Jul 15, 2024
Days on Market:: 705
Last Refresh:: Jan 20 at 9:23 am

Property Features for 499 Idlewild Ave

General Information

Standard status: Active
Size: 20,000 SF

We can help!

Listing Contact

Chelsye Phillips-Hutton

Listing agent Chelsye Phillips-Hutton License #5007104

Listing office NAI Coastal

Listing date Jul 15, 2024

Source Exprealty

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 NAI Coastal

HighLights

100% Occupancy with tenants exceeding five‑year terms, ensuring immediate and stable income.
Potential for significant Return on Investment within the first few years.
20,000 square feet of Class A medical and professional office space.
Constructed in 2019, exceeding building efficiency code requirements.
Prime location in the Easton medical and professional corridor, near Route 50, University of Maryland Shore Medical Center, and downtown Easton.
Triple‑net lease structure, simplifying management and reducing owner responsibilities.

Overview

Located in the Easton medical and professional corridor, 499 Idlewild Ave, Easton, MD, presents an opportunity to acquire a recently constructed commercial property. Built in 2019, this 20,000 square foot Class A building is currently 100% occupied by tenants with lease terms exceeding five years and strong financial records. Constructed to exceed building efficiency code requirements, the property offers ample parking. The property's location provides convenient access to Route 50, the University of Maryland Shore Medical Center (0.50 miles), and downtown Easton, with its amenities and restaurant options. This income-producing property has the potential to provide a significant Return on Investment within the first few years of ownership, following a projected Pro Forma which reflects market rate and standard escalation and terms in the Easton professional space market. This property is suited for medical and professional office use.

Property Profile Location Intelligence

Current Use by Public Records

Shore Legal Access, ... Law Firm O'Donnell Vein & Laser Medical Clinic CoreLife Weight Loss Service Regenerative Orthopedics and Sports ... Medical Clinic Phoenix Physical Therapy Medical Clinic

Suggested Use

Similar Places Nearby

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East Coast Vets — 29315 Dover Rd, Easton, MD 21601
Kerns Jennifer DVM — 602 Dutchmans Ln, Easton, MD 21601
Chesapeake Veterinary House Clls: Matsche Carine DVM — Easton, MD 21601
Mobile Comm-Dip — 219 S Washington St, Easton, MD 21601

Location Insight

Map
Local Demand

City: Easton
County: Talbot
State: Maryland
Longitude: -76.0695
Latitude: 38.7652

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For sale
Medical Office Space
MD
Easton
21601
499 Idlewild Ave

What type of property is this?

Medical Office Space - 20,000 SF Class A medical/professional office building for sale.

Where is this medical office space located?

The property is located at 499 Idlewild Ave Easton, MD.

What is the asking price?

The asking price for this property is $7,000,000.

What are key features of this property?

This property features: 100% Occupancy with tenants exceeding five‑year terms, ensuring immediate and stable income.; Potential for significant Return on Investment within the first few years.; **20,000 square feet of Class A medical and professional office space.**