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23 and 25 Henry Ford Business Center 23 Henry Ford Cir

10,000 SF 100% Leased Flex Building Waldorf, MD 20602 $3,900,000 ($390/SF) 7.29% Cap Rate

Investment Highlights

  • Close to Charles, St. Marys, Calvert Prince Georges Counties

Executive Summary

Two buildings (+/-) 10,000 squre feet each for sale offering Office and Flex Space. Fully Leased. Fantastic location and building.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $333,100 $33.31
Other Income - -
Vacancy Loss - -
Effective Gross Income $333,100 $33.31
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $333,100
Annual Per SF $33.31
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $333,100
Annual Per SF $33.31
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $3,900,000
Price Per SF $390
Sale Type Investment
Cap Rate 7.29%
Property Type Flex
Property Subtype
R&D
  • Industrial Service
  • Office Industrial Live Work Unit
Building Class B
Lot Size 1.16 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 2005
Parking Ratio 8/1,000 SF
Clear Ceiling Height 20 FT
No. Drive In / Grade-Level Doors 15

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating - Electric

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Nonstop Auto Service
  • Services
  • -
  • -
  • -
  • Feb 2028
  • Soteria Church
  • Services
  • -
  • $11.25
  • Full Service Gross
  • Jun 2027
  • Tristate Constractor
  • Management of Companies and Enterprises
  • -
  • -
  • -
  • -
  • Vesper Holding
  • -
  • -
  • -
  • -
  • Jun 2026
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Nonstop Auto Service Services - - - Feb 2028
Soteria Church Services - $11.25 Full Service Gross Jun 2027
Tristate Constractor Management of Companies and Enterprises - - - -
Vesper Holding - - - - Jun 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-185819
Land Assessment
$209,900
Improvements Assessment
$1,001,000
Total Assessment
$1,210,900

zoning

Zoning Code PUD (PUD Planned Unit Development)
PUD (PUD Planned Unit Development)
  • Listing ID: 33550544

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 23 Henry Ford Cir, Waldorf, MD 20602

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