503 Cynwood Dr Easton, MD 21601

Property Details for 503 Cynwood Dr

Year built

2003

Property size

5,508 SF

Property type

Commercial real estate

Description

This exceptional 5,508 square foot commercial condominium in Easton, MD, presents a compelling investment opportunity. Currently leased to a well-established tenant under a long-term, Net-Net-Net (NNN) lease with automatic renewals, this property offers significant financial stability and predictable income. The property boasts excellent visibility and ample parking, making it highly attractive to both tenants and customers. Zoned for commercial use, it's particularly well-suited for medical or related businesses. The building is in excellent condition and the current lease provides a 6.75% capitalization rate at the asking price of $1,595,000. This is a rare chance to acquire a turnkey commercial property with a strong, established tenant and a proven track record of success. The property's location in Easton, MD, offers easy access to major transportation routes and a thriving local economy. The NNN lease structure minimizes the owner's operational responsibilities, further enhancing the investment's appeal. This is an ideal opportunity for investors seeking a stable, high-yield asset with long-term growth potential. The property's size and zoning make it versatile and adaptable to a range of commercial uses, ensuring its continued value and marketability in the years to come. Don't miss this chance to secure a prime commercial investment in a desirable location.

Location Insight

City

Easton

County

TALBOT

State

Maryland

Longitude

-76.0636

Latitude

38.7636