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Investment Highlights

  • Attractive four-story medical and office condominium building updated with an expansive lobby and upgraded finishes.
  • Offers fully customizable suites supported by modern building systems and controlled access security.
  • Excellent vehicular and public transport access, including MARC Train Station and multiple major roadways.
  • Located at the core of Germantown Town Center, near Holy Cross Germantown Hospital and major civic institutions.
  • Abundant on-site parking complemented by nearby shopping, dining, and recreational amenities within walking distance.
  • Owner-favorable financing options available, making the purchase process more attainable.

Executive Summary

4 story office and medical building with newly renovated (2019) lobby, elevators and restrooms with elegant finishes and welcoming white and bright open atrium lobby. The property is located next to the heart of Germantown at the intersection of Middlebrook Road and Germantown Road. The Germantown Town Center is located here and the property is also located very close to the Germantown Holy Cross Hospital that opened in 2014. This is a great building for medical and professional office tenants or users seeking a condo purchase opportunity in Germantown, Maryland with customized suites and state of the art mechanical, electrical and security systems. The parking is free and ample with a multitude of nearby (walkable) shopping centers with many restaurants, banks, amenities beyond just shopping including recreational parks and residential areas and the Germantown MARC Train Station.

9 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 108
  • 4,171 SF
  • Office/Medical
  • $1,313,865 ($315.00/SF)
  • -
Sale Type Owner User
Description
First floor office / medical / retail space available for condo purchase. This space faces Middlebrook Road and has its own exterior suite entrance.
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 255
  • 2,946 SF
  • Office/Medical
  • $810,150 ($275.00/SF)
  • -
Sale Type Owner User
  • Unit 301
  • 1,243 SF
  • Office/Medical
  • $341,825 ($275.00/SF)
  • -
Sale Type Investment or Owner User
Description
Prime space on the floor directly off the elevator banks.
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 302
  • 2,546 SF
  • Office/Medical
  • $700,150 ($275.00/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 303
  • 3,535 SF
  • Office/Medical
  • $972,125 ($275.00/SF)
  • -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.  
$265 psf
Includes $30 seller credit towards build out
  • Unit 305
  • 1,108 SF
  • Office/Medical
  • $304,700 ($275.00/SF)
  • -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
  • Unit 310
  • 1,243 SF
  • Office/Medical
  • $341,825 ($275.00/SF)
  • -
Sale Type Owner User
  • Unit 460
  • 3,071 SF
  • Office/Medical
  • $844,525 ($275.00/SF)
  • -
Sale Type Investment or Owner User
  • Unit 480
  • 2,726 SF
  • Office/Medical
  • $749,650 ($275.00/SF)
  • -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.
Unit Unit Size Condo Use Price NOI
Unit 108 4,171 SF Office/Medical $1,313,865 ($315.00/SF) -
Unit 255 2,946 SF Office/Medical $810,150 ($275.00/SF) -
Unit 301 1,243 SF Office/Medical $341,825 ($275.00/SF) -
Unit 302 2,546 SF Office/Medical $700,150 ($275.00/SF) -
Unit 303 3,535 SF Office/Medical $972,125 ($275.00/SF) -
Unit 305 1,108 SF Office/Medical $304,700 ($275.00/SF) -
Unit 310 1,243 SF Office/Medical $341,825 ($275.00/SF) -
Unit 460 3,071 SF Office/Medical $844,525 ($275.00/SF) -
Unit 480 2,726 SF Office/Medical $749,650 ($275.00/SF) -

Unit 108

Unit Size
4,171 SF
Condo Use
Office/Medical
Price
$1,313,865 ($315.00/SF)
NOI
-

Unit 255

Unit Size
2,946 SF
Condo Use
Office/Medical
Price
$810,150 ($275.00/SF)
NOI
-

Unit 301

Unit Size
1,243 SF
Condo Use
Office/Medical
Price
$341,825 ($275.00/SF)
NOI
-

Unit 302

Unit Size
2,546 SF
Condo Use
Office/Medical
Price
$700,150 ($275.00/SF)
NOI
-

Unit 303

Unit Size
3,535 SF
Condo Use
Office/Medical
Price
$972,125 ($275.00/SF)
NOI
-

Unit 305

Unit Size
1,108 SF
Condo Use
Office/Medical
Price
$304,700 ($275.00/SF)
NOI
-

Unit 310

Unit Size
1,243 SF
Condo Use
Office/Medical
Price
$341,825 ($275.00/SF)
NOI
-

Unit 460

Unit Size
3,071 SF
Condo Use
Office/Medical
Price
$844,525 ($275.00/SF)
NOI
-

Unit 480

Unit Size
2,726 SF
Condo Use
Office/Medical
Price
$749,650 ($275.00/SF)
NOI
-

Unit 108

Unit Size 4,171 SF
Condo Use Office/Medical
Price $1,313,865 ($315.00/SF)
NOI -
Sale Type Owner User
Description
First floor office / medical / retail space available for condo purchase. This space faces Middlebrook Road and has its own exterior suite entrance.</li></ul>
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 255

Unit Size 2,946 SF
Condo Use Office/Medical
Price $810,150 ($275.00/SF)
NOI -
Sale Type Owner User

Unit 301

Unit Size 1,243 SF
Condo Use Office/Medical
Price $341,825 ($275.00/SF)
NOI -
Sale Type Investment or Owner User
Description
Prime space on the floor directly off the elevator banks.</li></ul>
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 302

Unit Size 2,546 SF
Condo Use Office/Medical
Price $700,150 ($275.00/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 303

Unit Size 3,535 SF
Condo Use Office/Medical
Price $972,125 ($275.00/SF)
NOI -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.&nbsp;&nbsp;<br> $265 psf <br> Includes $30 seller credit towards build out</li></ul>

Unit 305

Unit Size 1,108 SF
Condo Use Office/Medical
Price $304,700 ($275.00/SF)
NOI -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Unit 310

Unit Size 1,243 SF
Condo Use Office/Medical
Price $341,825 ($275.00/SF)
NOI -
Sale Type Owner User

Unit 460

Unit Size 3,071 SF
Condo Use Office/Medical
Price $844,525 ($275.00/SF)
NOI -
Sale Type Investment or Owner User

Unit 480

Unit Size 2,726 SF
Condo Use Office/Medical
Price $749,650 ($275.00/SF)
NOI -
Sale Type Owner User
Sale Notes
Owner is willing to do competitive financing for purchase or construction loans for this space to beat out loans offered by banks.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 76,267 SF
Property Type Office
Property Subtype Medical
Building Class A
Floors 4
Typical Floor Size 19,066 SF
Year Built 1989
Lot Size 3.44 AC
Parking Ratio 3.35/1,000 SF
Zoning CR-2.0 C-1.75 R-0.75 H-10 - CR zone is intended for larger downtown, mixed-use, and pedestrian-oriented areas in close proximity to transit options such as Metro, light rail,bus

Amenities

  • Atrium
  • Bus Line
  • Controlled Access
  • Property Manager on Site
  • Signage
  • Natural Light
  • Partitioned Offices
  • Air Conditioning
  • Balcony
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 15475430

  • Date on Market: 3/18/2019

  • Last Updated:

  • Address: 12850 Middlebrook Rd, Germantown, MD 20874

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