Turnkey Medical Office
133 Defense Hwy Annapolis, MD 21401
For Sale
Contact for pricing
Well-appointed medical office condo includes exam rooms with sinks and turnkey interior readiness for immediate use.
Property Size1,353 SF
Price / SF$350
Days on Market1283
Property Features for 133 Defense Hwy
General Information
Standard status
Active
Size
1,353 SF
Property subtype
OFFICE
Listing Agency:
Douglas Commercial
(301) 655-8253
Listed By:
Scott Douglas · License #580592
Source:
Moodyscre
Added: Jan 24, 2023
Changed: Jul 28
Last Checked: Jul 29 at 3:51PM
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 Douglas Commercial
Investment Insights
Based on property information with market context.
Turnkey, well-appointed medical office condo that is described as well maintained with professional management. The space includes exam rooms with sinks, supporting clinical exam and patient visit workflows.
The property is located close to shops and restaurants and provides quick access to US-50 and I-97.
Offered for sale as an office condo unit configured for medical office use, with exam-ready improvements already in place.
The property is located close to shops and restaurants and provides quick access to US-50 and I-97.
Offered for sale as an office condo unit configured for medical office use, with exam-ready improvements already in place.
Key Highlights
- Well‑appointed medical office condo with turnkey interior readiness for immediate use
- Includes exam rooms with sinks
- Quick access to US‑50 and I‑97
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 | $36.5k | $27.00 |
| − Vacancy | −$3.8k | −$2.84 |
| EGI | $32.7k | $24.17 |
| − OpEx | −$13.1k | −$9.67 |
| NOI | $19.6k | $14.50 |
1,353 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$280.2K
$245.2K – $327.0K
NOI $19,617 @ 7.0% cap · market cap 4.14%
Second Best
Office B
$135.5K
$118.6K – $158.1K
NOI $9,486 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$395.8K
$346.3K – $461.8K
NOI $27,705 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Banfield Pet Hospital — 2601 Housley Rd, Annapolis, MD 21401
- Eye Care for Animals - Annapolis Defense Hwy — 197 Defense Hwy Suite 101, Annapolis, MD 21401
- Petco Veterinary Services — 2319 Forest Dr D, Annapolis, MD 21401
- Petco Vaccination Clinic — 2319 Forest Dr D, Annapolis, MD 21401
- Dr. Bernstein Vetinarian Dematologist — 197 MD-450, Annapolis, MD 21401
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-appointed medical office condo includes exam rooms with sinks and turnkey interior readiness for immediate use.
Where is this medical office space located?
The property is located at 133 Defense Hwy Annapolis, MD.
What is the asking price?
The asking price for this property is $473,550.
What are key features of this property?
This property features: Well‑appointed medical office condo with turnkey interior readiness for immediate use; Includes exam rooms with sinks; Quick access to US‑50 and I‑97
