909 Ridgebrook Rd - Medical CONDO FOR SALE


Sparks, MD 21152
$1,625,000 USD
301-980-8041
909 Ridgebrook Rd, Sparks, MD for Sale
$1,625,000 USD
Medical CONDO - FOR SALE
1/14
null | 7% Cap Rate

909 Ridgebrook Rd
Sparks, MD 21152


OVERVIEW

PLEASE DO NOT DISTURB TENANTS HOGAN is excited to present the opportunity to acquire a 15,000 SF office condominium located at 909 Ridgebrook Road, Suite 300, Sparks, MD 21152. This well-maintained, full top-floor office suite is secured by a recently extended lease through 2031, offering investors stable, long-term income in one of Baltimore County’s most desirable suburban business corridors. Suite 300 is fully leased to a modern health care operator, reflecting the growing demand for technology-driven healthcare services. The Modified Gross lease structure has the tenant responsible for utilities and janitorial services — providing predictable returns and limited landlord responsibilities. Built in 2007, 909 Ridgebrook is a 3 story, 45,000 square foot building situated in a campus-like professional office setting with strong regional connectivity, offering excellent accessibility, ample parking, and an attractive corporate environment. This is an exceptional opportunity for investors seeking a passive, reliable asset in a thriving business community. Agent must accompany for a qualified showing, please keep confidential and do not disturb the tenants.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Unit 300

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

41,502 SF

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

13.19 AC

LAND SF

574,556 SF

ZONING

ML

APN/PARCEL ID

08-2400011818

ASK ABOUT THIS PROPERTY

Kevin SetzerHOGANMore Info
301-980-8041

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Kevin SetzerHOGANMore Info
301-980-8041

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