101 Chesapeake Blvd - Medical FOR SALE


Elkton, MD 21921
$6,333,333 USD
410-627-6881
101 Chesapeake Blvd, Elkton, MD for Sale
$6,333,333 USD
Medical - FOR SALE
1/7
null | 7.5% Cap Rate

101 Chesapeake Blvd
Elkton, MD 21921


HIGHLIGHTS

  • Highly desirable and credit worthy tenant mix including the State of Maryland and multiple medical providers
  • Located at the southwest corner of Route 40 (Pulaski Highway) and Chesapeake Boulevard
  • Fully signalized intersection
  • Excellent visibility, boasting 400 ft. of frontage on Route 40

OVERVIEW

Upper Chesapeake Corporate Center at 101 Chesapeake Boulevard is a 30,560 SF ± Class B multi-tenant medical, governmental, and office building offered for sale in Elkton, Maryland. Situated on 3.34 AC ± at the signalized intersection of Route 40 (Pulaski Highway) and Chesapeake Boulevard, the property offers excellent visibility, approximately 400 feet ± of frontage, ample on-site parking, and a creditworthy tenant mix that includes the State of Maryland and multiple medical providers. Recent capital improvements and fully improved vacant space position the property for continued occupancy and future leasing opportunities.

FOR SALE DETAILS

PRICE

$6,333,333 USD

PRICE/SF

$207 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Upper Chesapeake Corporate Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

148

LAND DETAILS

LAND ACRES

3.34 AC

LAND SF

145,490 SF

ZONING

C-2

APN/PARCEL ID

03-007375

ASK ABOUT THIS PROPERTY

Mike RuoccoMacKenzie CommercialMore Info
410-627-6881

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Mike RuoccoMacKenzie CommercialMore Info
410-627-6881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.