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23 and 25 Henry Ford Business Center 23 Henry Ford Cir 10,000 SF 100% Leased Flex Building Waldorf, MD 20602 $3,900,000 ($390/SF) 7.29% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Close to Charles, St. Marys, Calvert Prince Georges Counties

EXECUTIVE SUMMARY

Two buildings (+/-) 10,000 squre feet each for sale offering Office and Flex Space. Fantastic location and building.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $333,100 $33.31
Other Income - -
Vacancy Loss - -
Effective Gross Income $333,100 $33.31
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $333,100
Annual Per SF $33.31
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $333,100
Annual Per SF $33.31
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $3,900,000
Price Per SF $390
Sale Type Investment
Cap Rate 7.29%
Property Type Flex
Property Subtype
Flex Research & Development
  • Industrial Service
Building Class B
Lot Size 1.16 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 2005
Parking Ratio 8/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 15
Zoning PUD - PUD Planned Unit Development

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating - Electric

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Cerenity Inc.
  • -
  • 3,700 SF
  • -
  • -
  • -
  • Soteria Church
  • Services
  • -
  • $11.25
  • Full Service
  • Jun 2027
  • Tristate Constractor
  • Management of Companies and Enterprises
  • -
  • -
  • -
  • -
  • Vesper Holding
  • -
  • -
  • -
  • -
  • Jun 2026
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Cerenity Inc. - 3,700 SF - - -
Soteria Church Services - $11.25 Full Service Jun 2027
Tristate Constractor Management of Companies and Enterprises - - - -
Vesper Holding - - - - Jun 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-185819
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,397,467 (2025)
  • Listing ID: 33550544

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 23 Henry Ford Cir, Waldorf, MD 20602

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