Medical Center Lease Rates on Request | 46B Thomas Johnson Dr
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Medical Center Lease Rates on Request 46B Thomas Johnson Dr
20,000 SF Vacant Office Building Frederick, MD 21702 For Sale
Investment Highlights
- Adjacent to Route 15, visible by 11,000 Vehicle Per Day
- Demographics of 66,136 Population, $87,432 Median Household Income, and $212,274 Median Net Worth in 10 min drive time.
- $295,067 NOI in 2023
- Right across from John Hopkins Community Physicians Building
- In the 187 million dollar worth medical health care market
- Proforma NOI $566,777/year
Executive Summary
Introducing the Frederick Professional Medical Center located at 46B Thomas Johnson Frederick, MD 21702. This rare investment opportunity offers a free-standing, 2-story medical building in the heart of the bustling Frederick Medical Corridor. Currently, the first floor houses Maryland Oncology Hematology, an esteemed affiliate of the US Oncology Network, with 15 other locations. With 104 parking spots and a total lot size of 1.89 acres, this property presents a chance to secure a credit tenant for mortgage payments while enjoying a 10,000 SF vacant unit ideal for personalized use, originally built as a radiology center.
Strategically positioned adjacent to Route 15, with high visibility from 11,000 vehicles daily and surrounded by the prestigious John Hopkins Community Physicians, the Frederick Professional Medical Center boasts a prime location. Within a 10-minute drive, you'll find a population of 66,136 with a median household income of $87,432 and a median net worth of $212,274. Don't miss out on this lucrative opportunity in the $187 million medical healthcare market!
Strategically positioned adjacent to Route 15, with high visibility from 11,000 vehicles daily and surrounded by the prestigious John Hopkins Community Physicians, the Frederick Professional Medical Center boasts a prime location. Within a 10-minute drive, you'll find a population of 66,136 with a median household income of $87,432 and a median net worth of $212,274. Don't miss out on this lucrative opportunity in the $187 million medical healthcare market!
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,000 SF
Building Class
B
Year Built
2002
NOI
$295,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.24
Land Acres
1.89 AC
Zoning
B3 - General Business District is intended to provide a wide range of retail, service and business uses serving local and county-wide areas
Parking
104 Spaces (10.4 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Central Heating
- Monument Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Maryland Oncology Hematology provides patients with increased access to integrated, evidence-based cancer care and clinical research throughout the communities of Maryland. Their dedicated physicians, nurses and staff will guide clients. Their state of the art infusion centers offer a full range of chemotherapy services, laboratory testing, clinical trials and support services, provided by people who have an unwavering commitment to achieving the best possible result.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Exciting Opportunity! The entire first floor is now available for rent and is ready for you to move in! Don’t miss out on this chance to make it your own!
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 10,000 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 10,000 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 10,000 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Exciting Opportunity! The entire first floor is now available for rent and is ready for you to move in! Don’t miss out on this chance to make it your own!
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PROPERTY TAXES
| Parcel Number | 02-192691 | Total Assessment | $4,341,367 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
02-192691
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$4,341,367 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
-
Deniz Senyurt -
Coldwell Banker Commercial Realty
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Medical Center Lease Rates on Request | 46B Thomas Johnson Dr
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