77 Thomas Johnson Dr - Medical CONDO FOR SALE


Frederick, MD 21702- Frederick Research Park
$745,000 USD
703-507-1069
77 Thomas Johnson Dr, Frederick, MD for Sale
$745,000 USD
Medical CONDO - FOR SALE
1/36
null | 6.9% Cap Rate

77 Thomas Johnson Dr
Frederick, MD 21702
Frederick Research Park


OVERVIEW

Prime Investment Opportunity – National Medical Tenant | 5+ -Year Lease | Fully Renovated 2025 Unlock a high-value investment with this turnkey condo leased to a reputable national medical tenant. With a recently renewed 5-year lease (through March 2031), this property offers both immediate cash flow and long-term security—ideal for investors seeking a stable, low-risk income stream. Fully renovated in 2025, the condo boasts modern updates and superior finishes that enhance its appeal and minimize future upkeep. Strategically located to serve both the medical community and surrounding clientele, this property is positioned for sustained success and occupancy. -National Medical Tenant – A trusted, long-term partner - 5-Year Lease Recently Renewed (now through March 2031) - Fully Renovated in 2025 with modern finishes - NNN Lease - Hassle-Free Investment with solid cash flow potential - Around 7% ROI with a reliable, creditworthy tenant This is a rare opportunity to secure a premium, income-generating asset with minimal risk. Don't miss out on this exceptional property!

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

6.9%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Catoctin Office Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

24,834 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

8.8 AC

LAND SF

383,328 SF

ZONING

M-O, County

APN/PARCEL ID

02-251531,02-251558,02-254581,02-254603,02-254611,02-254638,02-254646,02-254654,02-254662

ASK ABOUT THIS PROPERTY

Ashleigh RossiMacRo Ltd.More Info
703-507-1069

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Ashleigh RossiMacRo Ltd.More Info
703-507-1069

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