Germantown Office Unit For
13231 Executive Park Terrace Germantown, MD 20874
For Sale
Contact for pricing
Office unit available for purchase in Germantown, Maryland.
Property Size1,000 SF
Price / SF$275
Days on Market953
Property Features for 13231 Executive Park Terrace
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Listing Agency:
Jay Clogg Realty Group Inc
(301) 340-9400
Listed By:
Jay Clogg · License #MD 67699
Source:
Crexi
Added: Dec 20, 2023
Changed: Jul 6
Last Checked: Jul 29 at 2:29PM
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 Jay Clogg Realty Group Inc
Investment Insights
Based on property information with market context.
A 1,000 square foot office unit is available for sale. The property is located on Executive Park Terrace in Germantown, Maryland.
Key Highlights
- No property information was provided.
Financial Insights For Office B
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 | $19.7k | $19.68 |
| − Vacancy | −$3.4k | −$3.38 |
| EGI | $16.3k | $16.30 |
| − OpEx | −$4.1k | −$4.07 |
| NOI | $12.2k | $12.22 |
1,000 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$174.6K
$152.8K – $203.7K
NOI $12,221 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$351.8K
$307.8K – $410.4K
NOI $24,624 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office unit available for purchase in Germantown, Maryland.
Where is this office units located?
The property is located at 13231 Executive Park Terrace Germantown, MD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: No property information was provided.