First-Floor Medical Office
For Sale
Contact for pricing
4 & 6 Executive Park Court, Germantown, MD 20874
Patient-oriented layout includes exam rooms, treatment space, and dedicated support areas.
Property Size1,000 SF
Price / SF$325
Days on Market188
Property Features for 4 & 6 Executive Park Court
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Additional Details
Floor
First Floor
Building Details
Units
2
Listing Agency:
Jay Clogg Realty Group Inc
Listed By:
Jay Clogg · License #MD 67699
(301) 340-9400
Source:
Crexi
Added: Apr 11
Changed: Oct 15
Last Checked: Oct 14 at 11:51PM
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 Jay Clogg Realty Group Inc
Investment Insights
Based on property information with market context.
This approximately 1,000 SF medical office is arranged for outpatient care, with a first-floor position that provides step-free entry. The interior includes a reception and waiting area, a glass-front business office, a spacious treatment room, two exam rooms with sinks, a physician consultation office, and a private restroom. Occupant-controlled heating and air conditioning supports use around the clock.
The suite is located at 4 Executive Park Court in Germantown, Maryland, with free parking positioned directly in front of the building. The existing configuration is suited to physical therapy, internal medicine, and other medical office applications identified for the property.
The suite is located at 4 Executive Park Court in Germantown, Maryland, with free parking positioned directly in front of the building. The existing configuration is suited to physical therapy, internal medicine, and other medical office applications identified for the property.
Key Highlights
- Approximately 1,000 SF first‑floor medical office space
- Step‑free access with no stairs to the suite
- Two exam rooms, each equipped with a sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,727
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,540
$314.5K
Cap Rate 7%
$224,671
$224.7K
Cap Rate 9%
$174,744
$174.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$32.3K $32.28/SF
− Vacancy
−$6.1K −$6.07/SF
EGI
$26.2K $26.21/SF
− OpEx
−$10.5K −$10.48/SF
NOI
$15.7K $15.73/SF
Area
Montgomery County, MD
Vacancy
18.80%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,540
Cap Rate 7%
$224,671
Cap Rate 9%
$174,744
Alternative Uses
Best Use
Healthcare Medical
$224.7K
$196.6K – $262.1K
NOI $15,727 @ 7.0% cap · market cap 4.84%
Second Best
Office B
$174.6K
$152.8K – $203.7K
NOI $12,221 @ 7.0% cap · market cap 3.76%
Theoretical Best
Specialty Retail
$351.8K
$307.8K – $410.4K
NOI $24,624 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,817
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Patient-oriented layout includes exam rooms, treatment space, and dedicated support areas.
Where is this medical office space located?
The property is located at 4 & 6 Executive Park Court Germantown, MD.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 1,000 SF first‑floor medical office space; Step‑free access with no stairs to the suite; Two exam rooms, each equipped with a sink
