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8100 Sandpiper Cir
Nottingham, MD 21236 White Marsh-Nottingham

$154,500 - $1,811,375 USD

Medical Condos For Sale  •  1,421+ SF

Property Details

  • Property Type Medical
  • Total Building Size 45,000 SF
  • Lot Size 3.52 AC
  • Building Class A
  • Year Built 2009
  • Cap Rate 6.97 %
  • Tenancy Multiple
  • Zoning ML
30 Transit Score
60 Walk Score

7 Units Available

Name Condo Use Size Price Details
Ll Floor - Unit LL Industrial 2,736 SF $154,500 USD
  • Unit Size: 2,736 SF
  • Condo Use: Industrial
  • Price: $154,500 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $56.47 USD
Description
Fully improved secure storage floor with 10 individual units with separate rollup entry doors.

Sale Notes
Assume an average of $150 per month x 10 units x 12 months minus the condo fees and real estate tax for a projected net operating income of $15,450 @ a 10% cap rate. Monthly condo fees are $117 and annual county taxes are $1,161.

1st Floor - Unit 108 Office 1,987 SF $427,205 USD
  • Unit Size: 1,987 SF
  • Condo Use: Office
  • Price: $427,205 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $215.00 USD
Description
Fully leased office condominium offered as an investment sale. The lease commencement date was 12/1/2015 and expires 1/31/2028. The current base rent as of 2/1/26 is $41,225 annual. The landlord pays the $6,161 annual condo dues and the $5,293 real estate taxes. The tenant pays the BGE bill and janitorial services. BGE installed all new LED fixtures in 2024.  The current net operating income is $29,771.

1st Floor - Unit 110 Medical Office 1,621 SF $348,515 USD
  • Unit Size: 1,621 SF
  • Condo Use: Medical Office
  • Price: $348,515 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $215.00 USD
Description
Coworking office condominium offered as owner occupancy or an investment sale. The current annual condo dues are $5,041 and the real  estate taxes are $3,820. The tenant pays the BGE bill and janitorial services. BGE installed all new LED fixtures in 2024.

Sale Notes
Assume 80/20 owner occupancy financing with local lenders with 20% down and financing 80% at 6.5% interest

2nd Floor - Unit 204 Office 2,497 SF $536,855 USD
  • Unit Size: 2,497 SF
  • Condo Use: Office
  • Price: $536,855 USD
  • Sale Type: Investment
  • Price/SF: $215.00 USD
Description
Fully leased office condominium offered as an investment sale. The lease commencement date was 1/6/2012 and expires 2/28/2028. The current base rent as of 3/1/26 is $62,477 annual. The landlord pays the $7,702 annual condo dues and the $6,455 annual real estate taxes. The tenant pays the BGE bill and janitorial services. BGE installed all new LED fixtures in 2024.  The Landlord installed new carpet and painted the premises in 2024. The current net operating annual income is $48,320.44.

3rd Floor - Unit 300 Medical Office 8,425 SF $1,811,375 USD
  • Unit Size: 8,425 SF
  • Condo Use: Medical Office
  • Price: $1,811,375 USD
  • Sale Type: Owner User
  • Price/SF: $215.00 USD
Description
Fully improved general business office condominium available for immediate occupancy. The zoning permits medical uses. The unit is currently improved as a bank office with perimeter offices along the window line , open space for work stations, reception area, conference room, men's an women restrooms storage and a large kitchen with a balcony.

Sale Notes
Local lenders offering competitive owner occupancy rates. Assume 20% down payment and financing $ 1,449,100 @ 6% and a 25 year amortization = $9,337 monthly payment ($13.30 rsf) plus monthly $2,159 condo fees and annual Baltimore County Real Estate Taxes. 7/1/25-6/30/26 = $20,010.

3rd Floor - Unit 301 Medical Office 4,673 SF $1,004,695 USD
  • Unit Size: 4,673 SF
  • Condo Use: Medical Office
  • Price: $1,004,695 USD
  • Sale Type: Owner User
  • Price/SF: $215.00 USD
Description
Fully improved general business office condo for sale. Zoning permits medical uses. The unit can be subdivided. Suite 300 features a double door entrance with private offices, conference room and open area. Common  area restrooms serve the floor. Suite 301 features men's and women's locker rooms with showers, large kitchen, private patio and perimeter offices along the window line. This suite would be perfect for yoga studio, pilates, fitness, medi-spas, salons, personal service establishments and other recreational uses. The suite allows for easy access to add plumbing fixtures.

Sale Notes
Local lenders offering competitive owner occupancy financing.

3rd Floor - Unit 302 Office 1,421 SF $305,515 USD
  • Unit Size: 1,421 SF
  • Condo Use: Office
  • Price: $305,515 USD
  • Sale Type: Investment
  • Price/SF: $215.00 USD
Description
Fully leased office condominium offered as an investment sale. The lease commencement date was 2/1/24 and expires 3/31/29. The current base rent as of 4/1/26 is $29,397 annual. The landlord pays the $4,481 annual condo dues and the $2,786 real estate taxes. The tenant pays the BGE bill and janitorial services. BGE installed all new LED fixtures in 2024.  The current net operating income is $22,130.

Description

Suite 300 is a fully improved general business office condominium available for immediate occupancy. The zoning permits medical uses. The unit is currently improved as a bank office with perimeter offices along the window line , open space for work stations, reception area, conference room, men's an women restrooms storage and a large kitchen with a balcony.

Fully improved general business office condo for sale. The unit can be subdivided. Suite 300 features a double door entrance with private offices, conference room and open area. Common  area restrooms serve the floor. Suite 301 features men's and women's locker rooms with showers, large kitchen, private patio and perimeter offices along the window line. This suite would be perfect for yoga studio, pilates, fitness, medi-spas, salons, personal service establishments and other recreational uses. The suite allows for easy access to add plumbing fixtures. 

The lower level storage unit is a fully improved secure storage floor with 10 modern individual units with separate rollup entry doors.

Highlights

Top floor office headquarters location in White Marsh
Zoning permits medical uses
Free and unreserved parking
Easy access to all White Marsh amenities
10 Storage units available on the lower level for $154,500
Professional property management

Financial Summary

Cap Rate: 6.97 %
Total Expenses: $5 USD

Major Tenants

Tenant SF Occupied Lease End Date
Chiropractic Wellness Center
Clearway Pain Solutions
Enterprise Training School, inc.
ERC International Logistics
First Medical Associates
Kazlow & Fields LLC
Maryland Medical Center
Phoenix Physical Therapy 12/27/2028
Plumbers and Steamfitters UA Local 486

Public Transportation

Commuter RailDriveWalkDistance
Martin Airport Marc Nb (PENN - WASHINGTON - Maryland Transit Administration) 12 min - 6.4 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 36 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 224
Type: Surface
Included in Rent: Yes
Christopher Smith 410-382-1869 TriAlliance Commercial Real Estate Services
Christopher Smith 410-382-1869 TriAlliance Commercial Real Estate Services