Property profile

2401 Brandermill Blvd Gambrills, MD 21054

FOR LEASE
Medical Office Space
Property ID
US40-1113495
42,210 SF 1.96 ac lot Built 2002
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional medical office building, located at 2401 Brandermill Blvd in Gambrills, Maryland, offers immediate occupancy in a thriving Anne Arundel County location. The 42,000 square foot building boasts a strong tenant mix of 13 diverse medical practices, reflecting its desirability and established presence within the Waugh Chapel Town Center. Two suites are currently available, each offering flexible space ranging from 2,070 to 2,090 contiguous square feet. The building's prime location on Route 3 ensures high visibility and easy access for patients and staff. The convenient location within the mixed-use Waugh Chapel Town Center provides immediate access to a variety of retail, dining, and entertainment options, enhancing the overall appeal and convenience for both tenants and their clients. The property sits on a 3-acre lot, providing ample parking and potential for future expansion. Currently, 6,230 square feet of space is vacant, presenting a unique opportunity for medical professionals seeking a well-established and highly visible location in a rapidly growing community. The building's multi-tenant structure offers a collaborative environment and a diverse patient base. This is an ideal opportunity to establish or expand a medical practice in a vibrant and convenient location. Contact us today to schedule a showing and explore the possibilities.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction BRICK
Total area 42,210 SF
Lot 1.96 ac (85,552 SF)
Zoning code R1
APN 04-883-90213780
UPID US40-1113495

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
  • Medical Clinic
  • Dental Office
  • Dental Office
  • Dental Office
  • Pediatrician Physician

Location

2401 Brandermill Blvd Gambrills, MD 21054
Gambrills metro Census 740704 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.84M

Owner & transaction history

since 2012
7 recorded transactions
2024
Price N/A
2017
Price N/A
2012
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1 · Gambrills, MD
Top alternative use upside
Auto repair, garage $18.0M +16.2%
Industrial (general) $17.7M +14.4%
Retail stores $17.5M +13.2%

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
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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
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