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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,060 sqft
Price per Sqft $237
Subdivision Cynwood
MLS Listing ID 1002202498
Sold Date 06/19/19
HOA Y/N N
Originating Board MRIS
Year Built 2000
Annual Tax Amount $8,469
Tax Year 2017
Lot Size 0.841 Acres
Acres 0.84
Property Description
Well-located medical office building in Easton, MD with a stable, long-term tenant in place. River Family Physicians was among the first Easton practices to join the Anne Arundel Health Systems. An operating subsidiary of AAHS is the Tenant under contract through 2023, offering some of the strongest credit in the entire Easton marketplace. Five years remaining on lease in place with AAHS, 3.0% annual escalations Excellent location in established medical complex. Offers 4 physician offices and 11 exam rooms. Valuation and underwriting based on current market rent of $18.00. Financial proforma provided upon request with NDA. Five years remaining on lease in place with AAHS.
Location
State MD
County Talbot
Zoning C
Interior
Hot Water Electric
Heating Forced Air
Cooling Heat Pump(s)
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility No Stairs
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Talbot County Public Schools
Others
Tax ID 2101092685
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Non Member • Non Subscribing Office
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