4000 Mitchellville Rd - Omni Professional Center
1,670 - 3,590 SF Condo Units Offered at $360,000 - $775,000 Per Unit in Bowie, MD 20716
INVESTMENT HIGHLIGHTS
- Boasting a generous 9-foot slab-to-slab height
- With 600 parking spaces available, this property offers convenience for staff, patients, and visitors.
- The building is equipped with six elevators, ensuring efficient access to all floors, and provides 24-hour access for both tenants and patients,
EXECUTIVE SUMMARY
Introducing a premier office medical building at 4000 Mitchellville Rd, Bowie, MD, featuring four stories of versatile space with a generous 9-foot slab-to-slab height. This property boasts six elevators and 600 parking spaces, ensuring convenience for both tenants and patients with 24-hour access. Ideally located for high visibility and easy connectivity, this building is perfect for medical practices or office use, offering an open and professional environment tailored to meet diverse needs. Don't miss the opportunity to establish your presence in this exceptional facility!
PROPERTY FACTS
| Price | $360,000 - $775,000 |
| Unit Size | 1,670 - 3,590 SF |
| No. Units | 3 |
| Total Building Size | 95,400 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 23,850 SF |
| Year Built | 1990 |
| Parking Ratio | 5/1,000 SF |
3 UNITS AVAILABLE
Unit A410-A414
| Unit Size | 3,590 SF |
| Price | $775,000 |
| Price Per SF | $215.88 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
DESCRIPTION
Condo Fee:
A414: $340.14 per month
A412: $312.93 per month
A410: $568.03 per month
2024-2025 Annual Real Estate Taxes:
A414: $2,823.50
A412: $2,597.61
A410: $4,715.24
SALE NOTES
NEW PRICE - PORTFOLIO SALE: Premier Medical/Office Condominiums located on 4th Floor within the OMNI Building. Three (3) Contiguous Condo Units (A-410, A-412 & A-414) for a Total of Approximately 3,590 SF. Units A412 & A414 (1,920 SF) currently leased to Mental Health Practice through May 31, 2028. Unit A410 (1,670 SF) is currently vacant. Owner will sell A410 separately from A412-A414. Rare Opportunity for Owner Occupant and Investment within the same portfolio sale.
Unit A-410
| Unit Size | 1,670 SF |
| Price | $360,000 |
| Price Per SF | $215.57 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
DESCRIPTION
NEW PRICE: Premier Medical/Office Suite (Approx. 1,670 SF) located on 4th Floor within the OMNI Building. Floor Plan includes Eight (8) Exam Rooms/Offices, Reception Area, Break Room, Laboratory Area/Nurses Station and In-Suite Bathrooms. Tenant Responsible for Utilities.
Condo Fee:
A410: $568.03 per month
2024-2025 Annual Real Estate Taxes:
A410: $4,715.24
SALE NOTES
A410 can be purchased with A412-A414. A412-A414 currently occupied by MD Behavioral Health through May 2028.
Unit A412-A414
| Unit Size | 1,920 SF |
| Price | $415,000 |
| Price Per SF | $216.15 |
| Condo Use | Medical |
| Sale Type | Investment |
DESCRIPTION
Units A412 & A414 (1,920 SF) currently leased to Mental Health Practice through May 31, 2028. Lease Terms and Financials Available Upon Request.
Condo Fee:
A414: $340.14 per month
A412: $312.93 per month
2024-2025 Annual Real Estate Taxes:
A414: $2,823.50
A412: $2,597.61
SALE NOTES
NEW PRICE - PORTFOLIO SALE: Premier Medical/Office Condominiums located on 4th Floor within the OMNI Building. A412 & A414 (1,920 SF) currently leased to Mental Health Practice through May 31, 2028.
NOI: $28,451.16 (June 1, 2024 - May 31, 2025)
Rent Increases to $38,112 per year or $3,176 per month
AMENITIES
- 24 Hour Access
- Atrium
- Security System
ZONING
| Zoning Code | CM, Bowie (Commercial Miscellaneous) |
