12800 and 12850 Middlebrook Road, Germantown, MD 20874
Professional medical and office condos in Germantown Town Center.
- Added:
- Nov 15, 2022
- Days on Market:
- 1283
- Last Refresh:
- May 19 at 9:25 pm
Property Features for 12800 and 12850 Middlebrook Road
General Information
- Standard status
- Active
- Size
- 1,550 SF
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing agent Brian Rossi License #MD 515851
Listing office ROSSI Commercial Real Estate
Listing date Nov 15, 2022
Source Crexi
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 ROSSI Commercial Real Estate
HighLights
- $30 Per Square Foot seller credit at settlement.
- Excellent location in the heart of Germantown Town Center, near Holy Cross Hospital, Dept. of Energy, and Montgomery College Germantown Campus.
- Multiple size options available, ranging from 535 SF up to 15,020 SF.
- Renovated building (12850 Middlebrook Road) with new lobby, elevators, and restrooms (renovated in 2019).
- Free and generous parking ratio.
- Close proximity to walkable shopping centers, restaurants, banks, amenities, recreational parks, residential areas, and the Germantown MARC Train Station.
Overview
Financial Insights
Value Estimation Calculated for Healthcare Medical
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Healthcare Medical
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.0k | $32.28 |
| − Vacancy | −$9.4k | −$6.07 |
| EGI | $40.6k | $26.21 |
| − OpEx | −$16.3k | −$10.48 |
| NOI | $24.4k | $15.73 |
Alternative Use Scenarios
Current Use by Public Records
Similar Places Nearby
- Germantown Veterinary Clinic — 19911 Father Hurley Blvd, Germantown, MD 20874
- Petco Vaccination Clinic — 12960 Middlebrook Road #520A, Germantown, MD 20874
- Thrive Pet Healthcare - Germantown — 19728 Germantown Rd, Germantown, MD 20874
Location Insight
- Map
- Local Demand
- City
- Germantown
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.2654074
- Latitude
- 39.1767496