5900 Princess Garden Pky
Lanham, MD 20706

Assignment Of Contract Of Sale: The assignor to assign to the assignee all of the rights and obligations of the buyer under the provisions of the agreement as to 1.7932 acre +/- Parcel C, being all of the property conveyed unto Seller by virtue of that certain Deed dated January 16th, 2018 and recorded among the Land Records of Prince George's County, Maryland in Liber S.J.H No. 40540, folio 520, the Property, at and for the contract price of $3,100,000, and for the Assignee to accept such assignment, all upon the terms and subject to the conditions which are hereinafter set forth. Offers must be received no later than Friday, March 15th @ 2:00 PM EST. All offers above $3,200,000 will be considered. All offers are subject to a 5% Buyers Premium. Email all offers to auctions@alexcooper.com. Diligence Package: Contract of sale, assignment of contract of sale, site plan along with other assorted documents are available in the documents section. In order to gain access, you must create a free account as well as accept a non disclosure agreement. Deposit required will be $350,000. Closing must occur before April 19th, 2019. Showings available by appointment only. All Information about the property and photos were provided to Alex Cooper by the assignor. Lot Size: 1.79 +/- Acre Lot Year Built: 1975 Zoning: C-M, Commercial Miscellaneous Land: 78,111 Square Feet (1.79 acres) +/- Improvements: Eight Story office building with 78,422 square feet of net rentable area (NRA) Number of Surface Parking Spots: 140+/- Location Notes: At access ramp to Interstate 495 at Annapolis Road with high visibility from 495. Current Occupancy Rate: 39% +/- Current gross scheduled annual rent will be added shortly. Number of current Tenants: 12 Appraisal (Done Feb 5th, 2019) available for viewing at the offices of Alex Cooper Auctioneers. Contact agent to make an appointment. PROSPECTIVE PURCHASERS ARE URGED TO PERFORM THEIR OWN DUE DILIGENCE WITH RESPECT TO THE PROPERTY.