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3010 Crain Hwy - Canterbury Professional Building

2,246 SF Office/Medical Condo Unit Offered at $1,091,436 CAD in Waldorf, MD 20601

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Property Facts

Price	$1,091,436 CAD	Floors	4
Unit Size	2,246 SF	Typical Floor Size	5,000 SF
No. Units	1	Year Built	2009
Total Building Size	20,000 SF	Lot Size	0.30 AC
Property Type	Office (Condo)	Parking Ratio	4.5/1,000 SF
Property Subtype	Medical Office Industrial Live Work Unit	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type	Investment NNN	Sale Conditions	1031 Exchange
Building Class	C

Price	$1,091,436 CAD
Unit Size	2,246 SF
No. Units	1
Total Building Size	20,000 SF
Property Type	Office (Condo)
Property Subtype	Medical Office Industrial Live Work Unit
Sale Type	Investment NNN
Building Class	C
Floors	4
Typical Floor Size	5,000 SF
Year Built	2009
Lot Size	0.30 AC
Parking Ratio	4.5/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Conditions	1031 Exchange

1 Unit Available

Unit 300

Unit Size	2,246 SF	Sale Type	Investment
Price	$1,091,436 CAD	Cap Rate	6.00%
Price Per SF	$485.95 CAD	NOI	$65,511.97 CAD
Condo Use	Office/Medical	Sale Conditions	1031 Exchange

Unit Size	2,246 SF
Price	$1,091,436 CAD
Price Per SF	$485.95 CAD
Condo Use	Office/Medical
Sale Type	Investment
Cap Rate	6.00%
NOI	$65,511.97 CAD
Sale Conditions	1031 Exchange

Description

Located on the third floor, Unit 300, 2,246 square feet.
5 Offices, Conference Room, 2 Rest Rooms, Reception Area, and Bull Pen. Break Room and Additional Storage as well.
Location is currently leased by a medical tenant.

Tenant intends to make improvements on the location.

Located in a Opportunity Zone

Sale Notes

Suite 300 has 2,246 sf which is leased at $20/sf. There are 4 ½ years remaining on the lease. The next 12 months’ NNN income is $46,6638.36 (there are 3% annual increases)
Tenants not to be disturbed.

Population 2 mile radius - 30,235
2023 House Holds 2 mile radius - 12,343
Avg Household Income 2 mile radius - $109,159
2023 Traffic Count Crain Hwy - 31,170