Property profile

11205 John F Kennedy Dr Hagerstown, MD 21742

FOR LEASE
Strip malls
Property ID
US40-0042248
25,100 SF 1.78 ac lot Built 2008
Entity Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Rosewood Commons, located at 11205 John F Kennedy Dr in Hagerstown, MD 21742, offers exceptional medical office space for lease. This two-story building totals 24,000 square feet and features a diverse mix of retail, office, and restaurant tenants, including a Safron Bakery and fitness center. Currently, there are multiple spaces available, with the largest contiguous space measuring 1,545 square feet and a total of 3,090 square feet currently vacant. The building is situated in Washington County and provides convenient access for patients and staff. The available spaces are ideal for a variety of medical practices seeking a well-established location within a thriving commercial center. The flexible space allows for customization to meet individual business needs. Interested parties should inquire about lease terms and available space configurations. The property's diverse tenant mix creates a vibrant and convenient environment for both businesses and their clients. This is a fantastic opportunity to establish or expand your medical practice in a high-traffic area of Hagerstown. The building's location offers excellent visibility and accessibility, ensuring a strong patient base. Don't miss this chance to secure prime medical office space in a desirable location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 25,100 SF
Lot 1.78 ac (77,537 SF)
Zoning code RS-PU
APN 18-046709
UPID US40-0042248

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Specialty Food Shop Wine and Liquor Store
  • Restaurant
  • Discount Store (Bike/Boat/Book/etc) Store
  • Restaurant

Location

11205 John F Kennedy Dr Hagerstown, MD 21742
Hagerstown metro Census 11204 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$843k
Blend (final) Blend
$730k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
1969
Price N/A

Zoning & alternative use

RS-PU · Hagerstown, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message