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Leased Medical Office Suites
For Sale
$850,000

302303-11701 Livingston Rd, Fort Washington, MD 20744

Medical office suites in a medical building, connected to Adventist HealthCare Fort Washington Medical Center and leased since 2019.

Property SizeContact for details
Days on Market66

Property Features for 302303-11701 Livingston Rd

General Information

Standard status Active

Financials

Cap Rate 7.69%
Business Included Yes

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $3,731
Listing Agency: The Genau Group, LLC.
Listed By: Fletcher David Gill · License #633186
Source: Exprealty
Added: Jun 22 Changed: Aug 20 Last Checked: Aug 25 at 8:16AM

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 The Genau Group, LLC.

Investment Insights

Based on property information with market context.

These leased medical office suites are located within a medical office building and are occupied by Advanced Dermatology, which has been in place since 2019. The property provides in-place income from day one, with an established medical tenant creating continuity for an owner-operator or investor.

The suites are directly connected to Adventist HealthCare Fort Washington Medical Center and are within the broader Adventist HealthCare presence, including the Washington region’s established healthcare footprint. Access is supported by proximity to Livingston Rd, with convenient routes to MD-210 (Indian Head Highway), National Harbor, and the Capital Beltway.

The suites are also available individually or together with Suite 202 for buyers considering a combined portfolio approach.

Key Highlights

  • Cap rate of 7.24% (available individually) and 7.69% if purchased with Suite 302/303
  • Advanced Dermatology has occupied the space since 2019
  • In‑place tenant income provides immediate cash flow from day one

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Electrical Service Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby
Under-served
Demand for This Use

Demographics for 20744, MD

52,747
Population
21,014
Households
2.5
Avg Household Size
44
Median Age
36%
College-Educated
90%
High-School Grad
26.1 sq mi
ZIP Area
2,021
Density / Sq Mi
$124,838
Median Household Income
$57,168
Median Earnings
$1,751
Median Rent
$418,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suites in a medical building, connected to Adventist HealthCare Fort Washington Medical Center and leased since 2019.
Where is this medical office space located?
The property is located at 302303-11701 Livingston Rd Fort Washington, MD.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Cap rate of 7.24% (available individually) and 7.69% if purchased with Suite 302/303; Advanced Dermatology has occupied the space since 2019; In‑place tenant income provides immediate cash flow from day one
More about this property
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