46B Thomas Johnson Dr - Medical FOR SALE


Frederick, MD 21702- Frederick Research Park
$3,950,000 USD
571-271-6604
46B Thomas Johnson Dr, Frederick, MD for Sale
$3,950,000 USD
Medical - FOR SALE
1/66
null | 7.69% Cap Rate

46B Thomas Johnson Dr
Frederick, MD 21702
Frederick Research Park


HIGHLIGHTS

  • Adjacent to Route 15, visible by 11,000 Vehicle Per Day
  • Right across from John Hopkins Community Physicians Building
  • Demographics of 66,136 Population, $87,432 Median Household Income, and $212,274 Median Net Worth in 10 min drive time.
  • In the 187 million dollar worth medical health care market
  • $303,918 NOI in 2024
  • Proforma NOI $498,000/year

OVERVIEW

Introducing the Frederick Professional Medical Center located at 46B Thomas Johnson Frederick, MD 21702. This rare investment opportunity offers a free-standing, 2-story medical building in the heart of the bustling Frederick Medical Corridor. Currently, the first floor houses Maryland Oncology Hematology, an esteemed affiliate of the US Oncology Network, with 15 other locations. With 104 parking spots and a total lot size of 1.89 acres, this property presents a chance to secure a credit tenant for mortgage payments while enjoying a 10,000 SF vacant unit ideal for personalized use, originally built as a radiology center. It could be fit for religious, daycare, health club, pharmacy, drug store uses. Strategically positioned adjacent to Route 15, with high visibility from 11,000 vehicles daily and surrounded by the prestigious John Hopkins Community Physicians, the Frederick Professional Medical Center boasts a prime location. Within a 10-minute drive, you'll find a population of 66,136 with a median household income of $87,432 and a median net worth of $212,274. Don't miss out on this lucrative opportunity in the $187 million medical healthcare market! Operating expenses are shared 50-50 between Tenants.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Center Lease Rates on Request

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Drug Store, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

104

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

B3

APN/PARCEL ID

02-192691

ASK ABOUT THIS PROPERTY

Deniz Senyurt, CCIMColdwell Banker Commercial RealtyMore Info
571-271-6604

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Deniz Senyurt, CCIMColdwell Banker Commercial RealtyMore Info
571-271-6604

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