2213 McElderry St - Medical FOR SALE


Baltimore, MD 21205- Middle East
$9,707,000 USD
303-653-2336
2213 McElderry St, Baltimore, MD for Sale
$9,707,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

2213 McElderry St
Baltimore, MD 21205
Middle East


HIGHLIGHTS

  • 100% Occupied by a World-Renowned, Investment Grade Tenant
  • Newly Executed 5-Year Lease Extension Through 2031
  • Walking Distance to One of the World’s Top-Rated Hospital Campuses
  • Mission Critical Services and Programs on Site
  • Significant Capital Investment at the Property
  • Several Economic and Tax Incentives Available

OVERVIEW

CBRE U.S. Healthcare Capital Markets is pleased to offer the exclusive opportunity to acquire the fee simple interest in the Johns Hopkins University Bloomberg School of Public Health Medical Building (the “Property”). The Property is a four-story, 31,752 square foot clinical research and support research facility designed for, built for, and fully leased to Johns Hopkins University’s Bloomberg School of Public Health (“JHSPH”) since 2006. In 2026, Johns Hopkins University executed a five-year lease extension through December 2031, its second consecutive early renewal, extending its committed occupancy in the building beyond 25 years, with two additional five-year renewal options remaining. The Property is walking distance to Johns Hopkins Hospital (Johns Hopkins Medicine and Johns Hopkins University: Moody’s Aa2, S&P AA+, Fitch AA+), one of the world’s top ranked hospital campuses, and is home to some of the region’s most distinguished community health and behavioral research professionals. The facility is two blocks from U.S. Route 40, and provides convenient access to several of Baltimore’s major interstate highways (I-95, I-695, I-83). The site was selected by the JHSPH because it allowed its researchers the ability to access the community for ongoing research and counseling of inhabitants, while at the same time giving employees and visitors immediate access to the university and hospital campus. The offering presents investors a rare opportunity to acquire durable, investment grade income backed by one of the world’s premier academic medical institutions, in a mission critical facility purpose-built for its tenant and positioned steps from the Johns Hopkins medical campus. To sign the Confidentiality Agreement and get access to the full Offering Memorandum, visit: www.JHUBloombergMOB.com (https://www.cbredealflow.com/handler/modern.aspx?pv=J1TYu7b3lpXtuimdUSrJyZrVSvGkTg0R9nbtIhdJqiVQYL7onSZfbZfnkrJY1Z3-EK4EtoOzsAR6ulRaaLfUp-IBjMJT4RsYy4Cal6Yg7IA#_top).

FOR SALE DETAILS

PRICE

$9,707,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Johns Hopkins University - Bloomberg School

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

B-3-2

APN/PARCEL ID

07-14-1653-046

ASK ABOUT THIS PROPERTY

Jaime VantsaCBREMore Info
303-653-2336

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Jaime VantsaCBREMore Info
303-653-2336

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