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85 High St

18,060 SF 100% Leased Office Building Waldorf, MD 20602 $1,995,000 ($110/SF) 8.02% Cap Rate

Investment Highlights

  • 100% Occupied -Investment Sale
  • Heart of Waldorf - St Charles
  • 18,060 SF +/- Office Building
  • Corner Lot @ Lighted Intersection

Executive Summary

INVESTMENT SALE - 8% Cap Rate: 18,060 SF +/- Multiple Tenant Office Building Located in Waldorf, MD. Corner Lot Located at Intersection of St. Thomas Drive and St. Charles Parkway. Approx. 100% Occupied. Various Lease Terms. Zoned St. Charles PUD. Approx. Public Water & Sewer.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,060 SF
Building Class
B
Year Built
1979
Price
$1,995,000
Price Per SF
$110
Cap Rate
8.02%
NOI
$160,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,060 SF
Building FAR
0.27
Lot Size
1.51 AC
Zoning
PUD - This zoning classification allows for a mix of uses—residential, commercial, and sometimes industrial—within a single development.
Parking
55 Spaces (3.05 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 7
  • 1,100 SF
  • Office
  • Full Build-Out
  • Feb 2025

1,100 SF +/- Ground Level Office Located in Smallwood Office Building off St. Charles Parkway. Floor Plan includes Four (4) Private Patient Rooms/Offices, Reception Area, Breakroom with Kitchenette, and Private Restroom. Landlord pays Real Estate Taxes, Electric, Water & Sewer, Trash and Common Area Maintenance Expenses. Tenant pays Cable, Internet, Phone, In-Suite Janitorial and Obtaining the Use & Occupancy Permit from Charles County.

Space Size Space Use Condition Available
1st Fl-Ste 7 1,100 SF Office Full Build-Out Feb 2025

1st Fl-Ste 7

Size
1,100 SF
Space Use
Office
Condition
Full Build-Out
Available
Feb 2025

1st Fl-Ste 7

Size 1,100 SF
Space Use Office
Condition Full Build-Out
Available Feb 2025

1,100 SF +/- Ground Level Office Located in Smallwood Office Building off St. Charles Parkway. Floor Plan includes Four (4) Private Patient Rooms/Offices, Reception Area, Breakroom with Kitchenette, and Private Restroom. Landlord pays Real Estate Taxes, Electric, Water & Sewer, Trash and Common Area Maintenance Expenses. Tenant pays Cable, Internet, Phone, In-Suite Janitorial and Obtaining the Use & Occupancy Permit from Charles County.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-100104
Land Assessment
$460,600
Improvements Assessment
$1,837,600
Total Assessment
$2,298,200
  • Listing ID: 33972604

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 85 High St, Waldorf, MD 20602

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