Property summary
This three-story, 41,388 square foot Class B medical office building, constructed in 1980 and renovated in 2007, offers a unique opportunity in Columbia, MD. Located at 5550 Sterrett Pl, 21044, this mixed-use property boasts an attractive brick and glass exterior and features 1,075 square feet of immediately available space, in addition to other occupied suites. The building provides 200 parking spaces, a significant advantage in this high-demand area. First-floor units are ideal for retail or medical uses, while the second and third floors offer full-service leases at $23.50 per square foot, inclusive of utilities, weekday cleaning, operating expenses, taxes, and maintenance. The 10-foot ceilings provide ample space and light. Enjoy a prime location in the Columbia Town Center, conveniently situated off Little Patuxent Parkway, across from The Mall in Columbia, and adjacent to the new Lakefront Wellness District. Excellent access to major roadways, including Routes 29, 100, 70, I-695, and I-95, ensures easy commuting for both staff and clients. This is a rare opportunity to secure space in a thriving, well-maintained building within a highly desirable location. One available space is 718 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Counselor Acupuncture Clinic
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Accounting Firm
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(Bike/Boat/Book/etc) Store Corporate Office
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(Bike/Boat/Book/etc) Store Corporate Office
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(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Owner & transaction history
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 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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