7310 Grove Rd - Office FOR SALE


Frederick, MD 21704
$4,200,000 USD
301-747-8802
7310 Grove Rd, Frederick, MD for Sale
$4,200,000 USD
Office - FOR SALE
1/24
null | 6.58% Cap Rate

NEW


7310 Grove Rd
Frederick, MD 21704


OVERVIEW

Prime Investment Property located at 7310 Grove Road, Frederick, Maryland 21704. (Frederick County) Perfect for an investor or end user. Conveniently located with great exposure, at the corner of Grove Road and Industry Lane. Easy access to Interstates 70 & 270 and Routes 15, 85 & 355. 2 story brick and block office building with an attached metal warehouse. Zoned L1 - Limited Industrial Office section is Full Service Warehouse is Industrial Gross 1st floor office area contains 3,944 square feet of leasable area. 2nd floor contains 4,107 square feet of leasable area. Total area of two story section of building, 11,135 square feet. The Office section has been upgraded with luxury vinyl plank flooring and carpet in the common areas as well as LED lighting throughout. Many of the office suites also have upgraded commercial carpeting. There are 2 Ladies and 2 men's bathrooms in the common area. All exterior lighting has also been upgraded to LED. Entire building has a 24 hour video surveillance system with remote access. The building has been fitted with Comcast cable and Xfinity Fios. The office section has a 3 zone HVAC system (gas heat), with digital Wi-Fi thermostats. There are 3 stairwells that lead to the 2nd floor. Skylights throughout the second floor common areas. The office roofing is a white TPO membrane roof system and the warehouse has a metal standing seam system. Full wet sprinkler system throughout the entire structure. The Warehouse contains 21,313 square feet. Mainly open area with 12 roll up bay doors and 3 loading docks. Contains some office area and 4 bathrooms. Upgraded LED lighting within and outside of warehouse. Gas heat and full wet sprinkler system. Interior roof height is 17.5 feet to 20.5 feet. There are approximately 52 parking spaces around the warehouse and 45 at the office area. The office section, currently has 13 tenants and is owner occupied. The warehouse has 1 tenant that occupies the entire warehouse. The building is 100% occupied. Please contact: David Fishman at Rosemont Management Company, Inc., to view and discuss. Email:beebldg@gmail.com

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

6.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Bee Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

97

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

L-1

APN/PARCEL ID

28-538677

ASK ABOUT THIS PROPERTY

David FishmanRosemont Management Co., Inc.More Info
301-747-8802

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David FishmanRosemont Management Co., Inc.More Info
301-747-8802

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