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11750 Business Park Dr

21,472 SF 85% Leased Retail Building Waldorf, MD 20601 $5,000,000 ($233/SF) 4.98% Cap Rate

Executive Summary

Property Overview
2 Story, elevator served, Retail / Office building with prime frontage and exposure on Rt. 301 in Waldorf, Maryland.
Great Tenant mix with Verizon as the Anchor Tenant. There are currently 2 first floor units that are vacant and currently on the market, which will increase Income once Leased.
Abundant free parking in front and back of the Building.
Eazy access on/off Rt. 301
Building Size : 21,472sf
Lot Size : 1.58 Acres – Paved
Zoning : CC (Community Commercial)
Traffic Count : 59,975 cars per day on Rt.301
NOI (Budgeted for 2025) = $248,863.00
Sales Price : $5,000,000

Data Room Click Here to Access

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,472 SF
Building Class
B
Year Built
1987
Price
$5,000,000
Price Per SF
$233
Cap Rate
4.98%
NOI
$248,863
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Land Acres
0.96 AC
Opportunity Zone
Yes
Zoning
CC
Parking
70 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
202 FT on Crain Hwy

Amenities

  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 102
  • 1,600 SF
  • Office/Retail
  • -
  • Now

Great all brick 2 story commercial building with plenty of parking in the heart of Waldorf on Rt. 301. Join various businesses and retail at this great location. High visibility from Crain Hwy. Triple Net.

  • 107
  • 1,600 SF
  • Office
  • -
  • Now

Great all brick 2 story commercial building with plenty of parking in the heart of Waldorf on Rt. 301. Join various businesses and retail at this great location. High visibility from Crain Hwy. Triple Net.

Space Size Space Use Position Available
102 1,600 SF Office/Retail - Now
107 1,600 SF Office - Now

102

Size
1,600 SF
Space Use
Office/Retail
Position
-
Available
Now

107

Size
1,600 SF
Space Use
Office
Position
-
Available
Now

102

Size 1,600 SF
Space Use Office/Retail
Position -
Available Now

Great all brick 2 story commercial building with plenty of parking in the heart of Waldorf on Rt. 301. Join various businesses and retail at this great location. High visibility from Crain Hwy. Triple Net.

107

Size 1,600 SF
Space Use Office
Position -
Available Now

Great all brick 2 story commercial building with plenty of parking in the heart of Waldorf on Rt. 301. Join various businesses and retail at this great location. High visibility from Crain Hwy. Triple Net.

Nearby Major Retailers

9Round
Golden Corral Buffet & Grill
StorageMart
Checkers
The Habit Burger Grill
Chili's
Outback Steakhouse
Cava
LA Fitness
WesBanco

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-161189
Land Assessment
$657,300 (2024)
Improvements Assessment
$1,871,500 (2024)
Total Assessment
$2,528,800 (2024)
  • Listing ID: 33841126

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 11750 Business Park Dr, Waldorf, MD 20601

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