Leased Commercial Condo
For Sale
Contact for pricing
503 Cynwood Dr, Easton, MD 21601
Commercially zoned condo with a long-term NNN lease and automatic renewals, totaling 5,500+ square feet.
Property Size5,508 SF
Price / SF$289.58
Days on Market608
Property Features for 503 Cynwood Dr
General Information
Standard status
Active
Size
5,508 SF
Property subtype
OFFICE
Zoning
Commercial
Additional Details
Cap Rate
6.75%
Listing Agency:
Benson & Mangold, LLC
(410) 310-5179
Listed By:
Brian Gearhart · License #510143
(410) 310-5179
Source:
Moodyscre
Added: Nov 29, 2024
Changed: Jul 27
Last Checked: Jul 30 at 2:19PM
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 Benson & Mangold, LLC
Investment Insights
Based on property information with market context.
This 5,500+/- square foot commercial condo is offered for sale as a leased asset under a long-term NNN arrangement with automatic renewals. Public remarks describe the space as in excellent condition, with great visibility and plenty of parking. The property is currently occupied by a well-established tenant under the existing lease.
Zoned Commercial, the offering is presented as well-suited for medical or related business use, based on the property’s zoning and configuration.
The seller notes a 6.75% CAP at $1,595,000 under the current lease terms.
Zoned Commercial, the offering is presented as well-suited for medical or related business use, based on the property’s zoning and configuration.
The seller notes a 6.75% CAP at $1,595,000 under the current lease terms.
Key Highlights
- 5,500+ SF commercial condo with a long‑term NNN lease with a well‑established tenant
- NNN lease includes automatic renewals
- Commercial zoning suited for medical or related business use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
747
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?
Office units - Commercially zoned condo with a long-term NNN lease and automatic renewals, totaling 5,500+ square feet.
Where is this office units located?
The property is located at 503 Cynwood Dr Easton, MD.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 5,500+ SF commercial condo with a long‑term NNN lease with a well‑established tenant; NNN lease includes automatic renewals; Commercial zoning suited for medical or related business use
