22911 Jefferson Blvd | Smithsburg, MD 21783
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22911 Jefferson Blvd
Smithsburg, MD 21783
Smithsburg Medical Center · Office Property For Sale
Investment Highlights
- 100% leased to Meritus Health System
- Two Percent Annual Rent Escalations
- Ten-Year Original Term with over 5 years remaining
- Frontage to Jefferson Blvd (13,471 VPD)
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
9,189 SF
Building Class
B
Year Built
1989
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,189 SF
Building FAR
0.12
Lot Size
1.81 AC
Zoning
BT - County Growth Area
Parking
35 Spaces (3.81 Spaces per 1,000 SF Leased)
About 22911 Jefferson Blvd , Smithsburg, MD 21783
This property offers an investor the opportunity to acquire a passive, single-tenant medical office asset operating under a desirable double-net lease structure. There are two percent annual rental escalations which provide an excellent hedge against inflationary pressure, coupled with a strong lease term and healthy renewal options.
PROPERTY TAXES
| Parcel Number | 07-025793 | Improvements Assessment | $594,500 |
| Land Assessment | $473,300 | Total Assessment | $1,067,800 |
PROPERTY TAXES
Parcel Number
07-025793
Land Assessment
$473,300
Improvements Assessment
$594,500
Total Assessment
$1,067,800
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