NEW! Medical/Professional Office Building

499 Idlewild Avenue, Easton, MD

$7,000,000

Price

20,000 sqft

Building Size

2.19 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
20,000 sqft
Lot Area
2.19 acres
Class
A
Year Built
2019
Description

499 Idlewild Ave., Easton, MD is a unique opportunity to own recently built, triple-net, commercial real estate in the Easton medical
and professional corridor.
This acquisition provides investors with an income-producing property consisting of a 20,000 square
foot building constructed in 2019, offering 85% occupancy with a remaining +/- 3,000 square feet to
lease or operate. Present tenants all exceed five-year terms with strong financial and tenancy records.
This property has the potential to provide a significant Return on Investment within the first few years
of ownership, following a projected Pro Forma which reflects market rate and standard escalation and
terms in the Easton professional space market.
The remaining vacant +/- 3,000 square feet is in raw shell condition, providing future tenants optimal
architectural and construction flexibility in designing their individualized floor plans.


Located on Idlewild Avenue in Easton, MD, just off of Route 50.

Highlights
  • New, Class A Construction
  • Income-producing
  • Located within the Easton, MD medical corridor, and adjacent to Route 50
Documents
Location
Gallery