NEW! Medical/Professional Office Building
$7,000,000
499 Idlewild Avenue, Easton, MD 21601
20,000 sqft
Building Size
2.19 acres
Lot Area
Details:
Highlights:
- New, Class A Construction
- Income-producing
- Located within the Easton, MD medical corridor, and adjacent to Route 50
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.
2 Spaces Available
499 Idlewild Avenue Unknown Sub Type
+/- 2,500-16,000 SF of brand new medical/professional office space. Currently shell space. Interior fit-out and customization options available.
499 Idlewild Avenue Unknown Sub Type
+/- 2,500-16,000 SF of brand new medical/professional office space. Currently shell space. Interior fit-out and customization options available.
Documents:
| Title | ||
|---|---|---|
| Lease Brochure | ||
| __NAI_-_Offering_Memorandum__L_.pdf | ||
| __NAI_-_Offering_Memorandum__L_.pdf |
Location
Gallery
