Frederick Professional Medical Center

46B Thomas Johnson, Frederick, MD

Market Price

Price

5.52%

Cap Rate

$314,487

NOI

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Map
Overview
Cap Rate
5.52%
NOI
$314,487
Building Size
20,000 sqft
Lot Area
1.89 acres
Occupancy
50%
Class
A
Units
2
Year Built
2002
Description

This free-standing, 2-story medical building is located in a heavily populated Frederick market, next to Route 15, strategically positioned in Frederick Medical Corridor. An affiliate of US Oncology Network, Maryland Oncology Hematology, with 15 other locations, occupies the first floor of this building. The property has 104 parking spots. This is your chance to own a free standing building sitting on 1.89 acres of land with a credit tenant paying your mortgage and with a spare 10,000 SF for your own use. The vacant unit was built as a radiology center.

Free standing, 2-story medical building is located in a heavily populated Frederick market, next to Route 15, strategically positioned in Frederick Medical Corridor.

Highlights
  • Adjacent to Route 15, visible by 11,000 Vehicle Per Day
  • Right across from John Hopkins Community Physicians Building
  • Demographics of 66,136 Population, $87,432 Median Household Income, and $212,274 Median Net Worth in 10 min drive time.
  • In the 187 million dollar worth medical health care market
Location
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