Turn-Key Medical Office
For Sale
Contact for pricing
7 Post Office Rd #M, Waldorf, MD 20602
Ground-level medical office suite with move-in-ready finishes and a functional layout for healthcare or professional use.
Property Size2,250 SF
Price / SF$197.78
Days on Market56
Property Features for 7 Post Office Rd #M
General Information
Standard status
Active
Size
2,250 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Stories
1
Listing Agency:
Hyatt Commercial
(443) 584-4494
Listed By:
Nick G. Stellway · License #MD 5007878
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 10 at 5:33AM
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 Hyatt Commercial
Investment Insights
Based on property information with market context.
This 2,250 SF ground-level medical office condominium is offered as a turn-key suite within the Cenna Center Condominium. The interior includes a reception area plus multiple private offices, arranged to support a functional medical office workflow. Recent improvements include new flooring and fresh paint throughout, providing a move-in-ready environment for an incoming practice or professional user.
The unit is located in Waldorf, Maryland within the St. Charles community, with convenient access to surrounding businesses, services, and major commuter routes. It sits on Post Office Road within the Cenna Center Condominium, in a setting surrounded by professional offices, service businesses, and retail amenities. Additional connectivity is provided via convenient access to Leonardtown Road (MD Route 5), supporting regional travel throughout Charles County and Southern Maryland.
For tenants and buyers seeking an established office setting rather than a renovation project, this suite offers an immediately usable medical office configuration with dedicated reception space and several private offices. Its condominium presentation can also make it a practical option for organizations looking to own a ground-level office footprint in a central Waldorf business environment.
The unit is located in Waldorf, Maryland within the St. Charles community, with convenient access to surrounding businesses, services, and major commuter routes. It sits on Post Office Road within the Cenna Center Condominium, in a setting surrounded by professional offices, service businesses, and retail amenities. Additional connectivity is provided via convenient access to Leonardtown Road (MD Route 5), supporting regional travel throughout Charles County and Southern Maryland.
For tenants and buyers seeking an established office setting rather than a renovation project, this suite offers an immediately usable medical office configuration with dedicated reception space and several private offices. Its condominium presentation can also make it a practical option for organizations looking to own a ground-level office footprint in a central Waldorf business environment.
Key Highlights
- 2,250 SF ground‑level medical office condominium in the Cenna Center Condominium in Waldorf, MD
- Functional suite includes a reception area and multiple private offices
- Recent updates include new flooring and fresh paint throughout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,372
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$687,440
$687.4K
Cap Rate 7%
$491,029
$491.0K
Cap Rate 9%
$381,911
$381.9K
Market Conditions
NOI Build-Up for 2,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.4K $24.60/SF
− Vacancy
−$9.5K −$4.23/SF
EGI
$45.8K $20.37/SF
− OpEx
−$11.5K −$5.09/SF
NOI
$34.4K $15.28/SF
Area
Charles County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$687,440
Cap Rate 7%
$491,029
Cap Rate 9%
$381,911
Alternative Uses
Best Use
Office B
$491.0K
$429.7K – $572.9K
NOI $34,372 @ 7.0% cap · market cap 7.72%
Second Best
Healthcare Medical
$265.6K
$232.4K – $309.8K
NOI $18,590 @ 7.0% cap · market cap 4.18%
Theoretical Best
Multifamily LT 5
$31.59M
$27.64M – $36.86M
NOI $2,211,547 @ 7.0% cap · market cap 496.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,629
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20602, MD
28,736
Population
10,899
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
95%
High-School Grad
14.5 sq mi
ZIP Area
1,982
Density / Sq Mi
$108,733
Median Household Income
$56,893
Median Earnings
$1,803
Median Rent
$360,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Waldorf Emergency Care — 3485 Rockefeller Ct, Waldorf, MD 20602
- St. Charles Animal Hospital — 11685 Doolittle Dr, Waldorf, MD 20602
- Banfield Pet Hospital — 3277 Plaza Dr, Waldorf, MD 20603
- Petco Vaccination Clinic — 3077 Waldorf Market Pl, Waldorf, MD 20603
Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground-level medical office suite with move-in-ready finishes and a functional layout for healthcare or professional use.
Where is this medical office space located?
The property is located at 7 Post Office Rd #M Waldorf, MD.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 2,250 SF ground‑level medical office condominium in the Cenna Center Condominium in Waldorf, MD; Functional suite includes a reception area and multiple private offices; Recent updates include new flooring and fresh paint throughout
