18045 Georgia Ave - Medical FOR SALE


Olney, MD 20832
$5,049,301 USD
703-783-6151
18045 Georgia Ave, Olney, MD for Sale
$5,049,301 USD
Medical - FOR SALE
1/3
null | 5.5% Cap Rate

18045 Georgia Ave
Olney, MD 20832


HIGHLIGHTS

  • Ultra Rare Retail Opportunity in Olney, in Montgomery County
  • Located in Epicenter of Olney, Just Off Major Intersection
  • Prime Frontage on Georgia Avenue with Traffic Counts of 33,000+ VPD.
  • The Only Urgent Care in the Olney Sub-Market and Surrounding Area

OVERVIEW

Surmount is pleased to present the exclusive listing for a MedStar Health Urgent Care located at 18045 Georgia Avenue, Olney, MD 20832.? The site consists of roughly 6,735 rentable square feet of building space on an estimated .37-acre parcel of land.? subject to a new 6-year lease extension that commences in July 2026 and expires June 30, 2032.? The current annual rent is $277,712 and has scheduled increases of 2.00% Annually.?

FOR SALE DETAILS

PRICE

$5,049,301 USD

PRICE/SF

$750 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MedStar Health Urgent Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

CRT

APN/PARCEL ID

08-02740821

ASK ABOUT THIS PROPERTY

David WeberSurmountMore Info
703-783-6151

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David WeberSurmountMore Info
703-783-6151

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