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75 Thomas Johnson Dr
Frederick, MD 21702 Frederick Research Park

Price Upon Request

Medical Condo For Sale  •  4,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 36,670 SF
  • Lot Size 8.8 AC
  • Building Class B
  • Year Built 2005
  • Tenancy Multiple
  • Zoning PB
26 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit C Medical Office 4,000 SF Price Upon Request
  • Unit Size: 4,000 SF
  • Condo Use: Medical Office
  • Price: Price Upon Request
  • Sale Type: Investment
Description
Condo is a 4,000 SF unit that is fully occupied by National Spine and Pain Centers.  National Spine and Pain have been occupying the unit since 2005.  

The Condon as 2 separate entrances.  Tenant uses one entrance for is for their medical offices where patients are seen.  The other entrance is for their Ambulatory Surgery Center ("ASC").

The ASC contains a licensed Class A Surgical room. 

Tenant sees patients in one at least one side daily and most days they see patients on both sides of the facility.

Sale Notes
National Spine and Pain Centers recently signed a lease extension through 8/21/2035 at market rates.  Tenant is responsible for all NNN costs. Lease included 3 - 3 year renewal options with rent escalating at 3% over the prior year's rent.  

The attached teaser contains a link to access the NDA.  Upon signing the NDA, the OM and other due diligence materials will be available.

Highlights

Ample Parking
Surrounded by numerous other medical offices
Great access and nearby amenities

Property Flyers

Financial Summary

Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Frederick Health
Maryland Skin Cancer Specialist
National Spine & Pain Center 4,000 SF 7/31/2035
Pediatrix Medical Group, Inc.
Pivot Physical Therapy
Renoxx Caregivers, LLC 2/3/2029
Tuckey & Associates
Viney P Saini Othodontics
Washington Vascular Specialist
Women's Health Specialists of Frederick

Amenities

  • 24 Hour Access
  • Wheelchair Accessible
  • Central Heating
  • Natural Light
  • Reception
  • Drop Ceiling
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.2 mi
Frederick (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC)) 11 min - 3.7 mi
AirportDriveWalkDistance
Hagerstown Regional/Richard A Henson Field 46 min - 31.4 mi
Washington Dulles International 71 min - 44.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 80
Type: Surface
Included in Rent: Yes
David Kaizer 571-419-6570 Colliers
David Kaizer 571-419-6570 Colliers