Renovated Medical Suite For
12800 Middlebrook Road Germantown, MD 20874
12800 Middlebrook Road, Germantown, MD, 20874
Contact for pricing
For Sale
Contact for pricing
Fully built-out medical suite near Holy Cross Germantown Hospital.
Property Size3,582 SF
Price / SF$299.83
Days on Market777
Property Features for 12800 Middlebrook Road
General Information
- Standard status
- Active
- Size
- 3,582 SF
- Property subtype
- Office
Listing agency
Divaris Real Estate Inc DC Regional Office
(571) 455-7021
Listed by
Erik Ulsaker · License #SP98377091
Source
Crexi
Added: Jun 5, 2024 Updated: Jul 6 at 8:16AM Checked: Jul 19 at 8:18AM
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 Divaris Real Estate Inc DC Regional Office
Investment Insights
Based on property information with market context.
This fully built-out and renovated medical suite is available for sale in Germantown, Maryland. Located in the Trevion Corporate Park, the property is situated less than 2 miles from Holy Cross Germantown Hospital and offers convenient access off of I-270. The suite features a waiting and reception area, five examination rooms equipped with sinks, a kitchen, and two bathrooms. It also includes two consult rooms. Ample parking space is available. The property is suitable for a wide range of medical services. The tenant mix includes primary care, physical therapy, OB/GYN, and other specialized practices. The property size is 3,582 square feet.
Key Highlights
- Fully built out and renovated medical suite, ready for immediate occupancy.
- Prime location in Trevion Corporate Park, Germantown, MD.
- Less than 2 miles from Holy Cross Germantown Hospital.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.6k | $32.28 |
| − Vacancy | −$21.7k | −$6.07 |
| EGI | $93.9k | $26.21 |
| − OpEx | −$37.6k | −$10.48 |
| NOI | $56.3k | $15.73 |
3,582 SF · lease $32.28/SF/yr · vacancy 18.80% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$804.8K
$704.2K – $938.9K
NOI $56,333 @ 7.0% cap · market cap 5.25%
Second Best
Office B
$625.4K
$547.2K – $729.6K
NOI $43,777 @ 7.0% cap · market cap 4.08%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,204 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Advanced Dental Center
Dental Office
Woodbourne Solutions Inc
(Bike/Boat/Book/etc) Store
Dr. Laleh Sarfaraz, ...
Dental Office
Advanced Dental Center: ...
Dental Office
Amini-Zand Sara DDS
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Fully built-out medical suite near Holy Cross Germantown Hospital.
Where is this medical office space located?
The property is located at 12800 Middlebrook Road Germantown, MD.
What is the asking price?
The asking price for this property is $1,074,000.
What are key features of this property?
This property features: Fully built out and renovated medical suite, ready for immediate occupancy.; Prime location in Trevion Corporate Park, Germantown, MD.; Less than 2 miles from Holy Cross Germantown Hospital.
