Medical Office Suite with Secure
19873 CENTURY BOULEVARD, Germantown, MD 20874
For Sale
Contact for pricing
Built-out medical office space offers multiple offices, reception areas, kitchenettes, and abundant window exposure.
Property Size2,578 SF
Price / SF$2.62
Days on Market99
Property Features for 19873 CENTURY BOULEVARD
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Year Built
Listing Agency:
KLNB LLC
(443) 574-1410
Listed By:
Lucas Matthew Glaeser
(240) 505-9331
Source:
Cummingsrealtors
Added: Aug 4
Changed: Nov 10
Last Checked: Nov 10 at 8:57AM
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 KLNB LLC
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Investment Insights
Based on property information with market context.
This medical office property provides 2,578 square feet of built-out space with multiple private offices, reception areas, and kitchenettes. A secure-entry system supports controlled access, while corner positioning brings substantial natural light through the available window lines. A finished dental office suite is also included in the offering. Constructed in 2011, the building occupies the intersection of Century Boulevard and Crystal Rock Drive in Germantown. Restaurants, retail, and residences surround the town-center setting. The property is one block from the Germantown Library and Blackrock Center for the Arts, with access to I-270 available via Exit 15, approximately 0.5 miles away.
Key Highlights
- 2578 SF medical office space with multiple offices, reception, and kitchenettes
- Secure‑entry building at Century Boulevard and Crystal Rock Drive
- Corner suites provide natural light and extensive window lines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,506
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,120
$630.1K
Cap Rate 7%
$450,086
$450.1K
Cap Rate 9%
$350,067
$350.1K
Market Conditions
NOI Build-Up for 2,578 SF
Gross rent
$50.7K $19.68/SF
− Vacancy
−$8.7K −$3.38/SF
EGI
$42.0K $16.30/SF
− OpEx
−$10.5K −$4.07/SF
NOI
$31.5K $12.22/SF
Area
Montgomery County, MD
Vacancy
17.20%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,120
Cap Rate 7%
$450,086
Cap Rate 9%
$350,067
Alternative Uses
Best Use
Healthcare Medical
$579.2K
$506.8K – $675.7K
NOI $40,544 @ 7.0% cap
Second Best
Office B
$450.1K
$393.8K – $525.1K
NOI $31,506 @ 7.0% cap
Theoretical Best
Specialty Retail
$906.9K
$793.5K – $1.06M
NOI $63,482 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,926
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20874, MD
62,908
Population
23,081
Households
2.7
Avg Household Size
37
Median Age
49%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
2,771
Density / Sq Mi
$109,648
Median Household Income
$57,436
Median Earnings
$1,938
Median Rent
$385,300
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Montgomery County, MD
Properties on Market for Medical Office Space in Montgomery County
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Built-out medical office space offers multiple offices, reception areas, kitchenettes, and abundant window exposure.
Where is this medical office space located?
The property is located at 19873 CENTURY BOULEVARD Germantown, MD.
What are key features of this property?
This property features: 2578 SF medical office space with multiple offices, reception, and kitchenettes; Secure‑entry building at Century Boulevard and Crystal Rock Drive; Corner suites provide natural light and extensive window lines
