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2nd Floor - Unit 202
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Medical Office
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1,879 SF
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$445,000 USD
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Unit Size: 1,879 SF
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Condo Use: Medical Office
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Price: $445,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $236.83 USD
Description
BACK ON THE MARKET - Buyer Financing Fell Through - No Issue w/ Property: Owner User/Investment: 1,879 SF +/- Medical Office Condominium in Sought-After Cambridge Professional Center in the Heart of Waldorf (Charles County, Maryland). Floor Plans Includes Waiting Room w/ Reception Area, Six (6) Private Offices/Exam Rooms, In-Suite Restroom, Lab/Nurses Station and Breakroom. Upgraded Cabinet Finishes Throughout Suite. Suite Located Directly Across from Elevators on 2nd Floor.
Currently Occupied by University of Maryland Medical Center - Will Vacate at Settlement.
Sale Notes
Currently Occupied by University of Maryland Medical Center - Will Vacate at Settlement.
Condo Fee: $610.68 per month or $7,328.16 per year
2024-2025 Real Estate Taxes: $5,930.21 per year
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2nd Floor - Unit 203
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Medical
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1,988 SF
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$450,000 USD
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Unit Size: 1,988 SF
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Condo Use: Medical
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Price: $450,000 USD
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Sale Type: Investment
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Price/SF: $226.36 USD
Description
Medical Investment Sale: 1,988 SF +/- Medical Office Condominium in Sought-After Cambridge Professional Center in the Heart of Waldorf (Charles County, Maryland). Floor Plans Includes Waiting Room w/ Reception Area, Exam/Patient Rooms, Two (2) Private Offices, X-Ray Room, Lab and Break Room. Upgraded Finishes Including Luxury Vinyl Plank Flooring Throughout Suite. Suite Located Directly Across from Elevators on 2nd Floor. Currently Occupied by Underbite Maryland Management, LLC - Lease Expires December 27, 2029.
Lease Available for Review Upon Request.
Sale Notes
Summary of Lease Terms is below:
Current Rental Rate: $44,516.16 [$3,709.68 per month]
2025 Real Estate Taxes (Paid by LL): $6,070.06
Condo Fee (Paid by LL): $7,752 [$646.00 per month]
NOI: $30,694.10
Three (3) Percent Annual Escalation Every Lease Anniversary.
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Anne Hooper
Hooper & Associates
