10 Post Office Rd
Silver Spring, MD 20910
The Castle Office Bldg · Office Property For Sale
INVESTMENT HIGHLIGHTS
- The property is ideally situated less than one mile from the Forest Glenn Transit Stop (Red Line), a 15 minute walk.
- Located within a 30 mile radius between three major international airports; Ronald Reagan, Washington Dulles and Baltimore-Washington International.
PROPERTY FACTS
AMENITIES
- Atrium
- Metro/Subway
- Air Conditioning
ABOUT 10 POST OFFICE RD , SILVER SPRING, MD 20910
Coldwell Banker Commercial NRT is pleased to announce the exclusive listing of "The Castle Office Building" located at 10 Post Office Rd, Silver Spring MD, 20910. This Class C office building is a rare opportunity to purchase a 92% occupied office building just minutes away from Washington, DC. The property is currently priced at $2.8 M at a 8.24% capitalization rate. With a value add opportunity with 1 of the remaining 8 spaces left for lease as well as interest rates temporarily declining, potential investors can see a 10%+ cash on cash return based on financing options. Property also includes a 5 year parking lot lease with neighboring restaurant adjacent to the property. For Offering Memorandum, Please Visit: https://buildout.com/website/thecastle
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,518,600 | |
| Land Assessment | $1,058,200 | Total Assessment | $2,576,800 |
