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Baldus Retail Center 6700 Crain Hwy

11,688 SF 100% Leased Retail Building La Plata, MD 20646 $5,250,000 ($449/SF) 6.17% Cap Rate

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Executive Summary

Established medical/retail center with 11,000~ leasable sqft and current occupancy at 100%. Three tenants under lease, one of which being a nationally recognized company in DaVita Dialysis. The other 2 tenants are Precision Orthopedics & Sports Medicine and B Doughnut - La Plata. CAM fees pay for Taxes and Insurance and all property maintenance. Access to 80+ parking spaces. Ideally situated off of Route 301 with high visibility and has roughly a 30,000+ ~ total population within a 5 mile radius, with median household income of over $119,000. High visibility and easily commutable.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

11,688 SF

Year Built

2018

Price

$5,250,000

Price Per SF

$449

Cap Rate

6.17%

NOI

$324,000

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.16

Lot Size

1.69 AC

Zoning

CH - The property is located in the commercial highway zone

Parking

80 Spaces (6.84 Spaces per 1,000 SF Leased)

Frontage

240 FT on Crain Highway

Amenities

Pylon Sign

Signalized Intersection

Tenant Controlled HVAC

Air Conditioning

B Doughnut - La Plata
Accommodation and Food Services
99,999 SF
-
-

Health Care and Social Assistance
99,999 SF
-
-

DaVita is about life. They are about enriching the lives of their patients, teammates and partners, and the communities in which they operate. To know DaVita—affectionately referred to as the Village—is to understand their history and culture. From a humble start to striving to become a pioneer in health care around the world, see how DaVita has progressed through the years. At DaVita, they are driven to deliver differential, equitable and holistic care to their patients throughout their entire kidney disease journey. Learn how they are making strides to transform kidney care today and beyond. “Giving life.” The name DaVita is an adaptation of this Italian phrase. This is what teammates strive to do for DaVita patients every day, whether they work in a clinic or give support in an office. They are dedicated to an unwavering pursuit of a healthier tomorrow through their mission and core values.

Precision Orthopedic & Sports Medicine
Health Care and Social Assistance
99,999 SF
-
-

Tenant	Industry	SF OCCUPIED	RENT/SF	Lease End
B Doughnut - La Plata	Accommodation and Food Services	99,999 SF	-	-
	Health Care and Social Assistance	99,999 SF	-	-
Precision Orthopedic & Sports Medicine	Health Care and Social Assistance	99,999 SF	-	-