Easton, MD Medical Outpatient
For Sale
Contact for pricing
Pending
28438 Marlboro Ave, Easton, MD 21601
24,982 SF Class A medical building for sale.
Property Size24,982 SF
Days on Market162
Property Features for 28438 Marlboro Ave
General Information
Standard status
Pending
Size
24,982 SF
Class
A
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Institutional
Building Details
Year Built
2019
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
CBRE - Healthcare Capital Markets
Listed By:
Jaime Jones Vantsa · License #100103493
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Jul 25 at 11:18AM
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 CBRE - Healthcare Capital Markets
Investment Insights
Based on property information with market context.
The Luminis Health Easton Pavilion is a 24,982-square-foot, single-story, Class A medical outpatient building (MOB) located in Easton, Maryland. Delivered in 2019, the property is fully occupied under a triple-net, corporately guaranteed lease with 13 years of remaining term. Luminis Health strategically selected the property to meet rising demand for accessible, high-quality care in Maryland’s Mid and Eastern Shore regions. The health system provides 13 integrated specialties including primary care, cardiology, orthopedics, gynecologic oncology, endocrinology, imaging, and laboratory services. Luminis Health provides healthcare access through its three hospitals and over 100 care sites, serving more than 1.8 million patients across seven counties. Positioned within Waterside Village, Easton’s mixed-use development, the property offers parking at a ratio of 7.9 per 1,000 RSF and proximity to retailers like Target, Dick’s Sporting Goods, BJ’s, and Chick-Fil-A. Easton is the cultural and economic hub of Talbot County. The property benefits from access to major metropolitan markets through U.S. Route 50 (1.6 miles away) while serving Maryland’s growing Mid and Eastern Shore regions.
Key Highlights
- Long‑term, secure income stream with a triple‑net, corporately guaranteed lease from Luminis Health (Moody’s: A3 | S&P: A-) with 13 years of remaining term.
- Fully occupied, Class A medical outpatient building (MOB) delivered in 2019, purpose‑built for Luminis Health.
- Strategically located within Waterside Village, Easton's premier mixed‑use development, enhancing patient convenience.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,665
Businesses Nearby
Explore this area
Business Placement
Demographics for 21601, MD
23,945
Population
11,609
Households
2.1
Avg Household Size
48
Median Age
41%
College-Educated
92%
High-School Grad
107.1 sq mi
ZIP Area
224
Density / Sq Mi
$81,837
Median Household Income
$48,859
Median Earnings
$1,229
Median Rent
$370,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - 24,982 SF Class A medical building for sale.
Where is this medical center located?
The property is located at 28438 Marlboro Ave Easton, MD.
What are key features of this property?
This property features: Long‑term, secure income stream with a triple‑net, corporately guaranteed lease from Luminis Health (Moody’s: A3 | S&P: A-) with 13 years of remaining term.; Fully occupied, Class A medical outpatient building (MOB) delivered in 2019, purpose‑built for Luminis Health.; Strategically located within Waterside Village, Easton's premier mixed‑use development, enhancing patient convenience.
