Medical Office Suite in Professional
For Sale
Contact for pricing
7600 Osler Dr, Towson, MD 21285
Suite 310 offers nearly 2,000 SF of medical office space with interior plumbing in a four-story professional building.
Property Size1,992 SF
Lot Size2.98 Acres
Price / SF$148.09
Days on Market100
Property Features for 7600 Osler Dr
General Information
Standard status
Active
Size
1,992 SF
Lot size
2.98 Acres
Property subtype
OFFICE
Building Details
Stories
4
Listing Agency:
MacKenzie Commercial Real Estate | Baltimore
(443) 573-3200
Listed By:
Matt Mueller
(410) 494-6658
Source:
Moodyscre
Added: Jun 16
Changed: Sep 17
Last Checked: Sep 22 at 2:38PM
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 MacKenzie Commercial Real Estate | Baltimore
Investment Insights
Based on property information with market context.
Suite 310 at 7600 Osler Drive is a medical office space within a four-story professional building. The suite totals approximately 1,992 SF and includes an efficient medical layout with existing interior plumbing. It is positioned adjacent to the main elevators for convenient day-to-day access.
The property is directly across from the University of Maryland St. Joseph Medical Center. The surrounding area includes major healthcare providers and Towson University.
The 2.98-acre site provides ample free, unreserved parking and convenient access via York Road and Charles Street.
The property is directly across from the University of Maryland St. Joseph Medical Center. The surrounding area includes major healthcare providers and Towson University.
The 2.98-acre site provides ample free, unreserved parking and convenient access via York Road and Charles Street.
Key Highlights
- Suite 310 offers 1,992 SF ± medical office space in a four‑story professional building in Towson, MD
- Efficient medical layout with existing interior plumbing
- Located adjacent to the main elevators for convenient access
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
$24,110
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
8.17%
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%
$482,200
$482.2K
Cap Rate 7%
$344,429
$344.4K
Cap Rate 9%
$267,889
$267.9K
Market Conditions
NOI Build-Up for 1,992 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
$49.0K $24.60/SF
− Vacancy
−$8.8K −$4.43/SF
EGI
$40.2K $20.17/SF
− OpEx
−$16.1K −$8.07/SF
NOI
$24.1K $12.10/SF
Area
Baltimore County, MD
Vacancy
18.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
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%
$482,200
Cap Rate 7%
$344,429
Cap Rate 9%
$267,889
Alternative Uses
Best Use
Healthcare Medical
$344.4K
$301.4K – $401.8K
NOI $24,110 @ 7.0% cap · market cap 8.17%
Second Best
Office B
$199.5K
$174.6K – $232.8K
NOI $13,966 @ 7.0% cap · market cap 4.73%
Theoretical Best
Multifamily LT 5
$19.33M
$16.91M – $22.55M
NOI $1,352,842 @ 7.0% cap · market cap 458.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,096
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21285, MD
2
Population
50
Median Age
100%
High-School Grad
0.2 sq mi
ZIP Area
10
Density / Sq Mi
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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 - Suite 310 offers nearly 2,000 SF of medical office space with interior plumbing in a four-story professional building.
Where is this medical office space located?
The property is located at 7600 Osler Dr Towson, MD.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Suite 310 offers 1,992 SF ± medical office space in a four‑story professional building in Towson, MD; Efficient medical layout with existing interior plumbing; Located adjacent to the main elevators for convenient access
