Coldwell Banker Commercial NRT is pleased to announce the exclusive listing of "The Castle Office Building" located at 10 Post Office Rd, Silver Spring MD, 20910. This Class C office building is a rare opportunity to purchase a 92% occupied office building just minutes away from Washington, DC. The property is currently priced at $2.8 M at a 8.24% capitalization rate. With a value add opportunity with 1 of the remaining 8 spaces left for lease as well as interest rates temporarily declining, potential investors can see a 10%+ cash on cash return based on financing options. Property also includes a 5 year parking lot lease with neighboring restaurant adjacent to the property.
For Offering Memorandum, Please Visit:
https://buildout.com/website/thecastle