Property summary
This Class A, 70,271 square foot office building in Berlin, Maryland, offers multiple tenancy options within a vibrant medical community. Located at 11107 Cathage Rd, 21811, this Worcester County property boasts 23,579 square feet of immediately available space, divisible into units ranging from 2,500 to 23,579 square feet. The building features both ground floor (4,574+ sq ft) and second floor (19,005+ sq ft) options, ideal for medical practices, executive offices, traditional office setups, or coworking spaces. Its convenient location offers easy access to Route 90 and Route 589, placing it within close proximity to Berlin Main Place Medical Park and Atlantic General Hospital. The Delmarva Health Pavilion is a brand-new building, currently home to Tidal Health and Peninsula Orthopedic Associates, providing an established and reputable environment for new tenants. The property is categorized as Medical Office, Executive Office, and Traditional Office space, offering flexibility for various business needs. Lease rates start at $22 per square foot, NNN. This presents a unique opportunity to establish a presence in a thriving medical hub.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Berlin, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C1 in Berlin, MD.
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