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3000 Oak Dr 2,200 SF 100% Leased Office Building Kensington, MD 20895 $1,450,000 ($659.09/SF) 8% Cap Rate



EXECUTIVE SUMMARY
Exceptional location. Recently renovated office with 1200sqft of work space and lower level storage
3 bathrooms. 2 lock out doors for space division inside. Parking for ~ 20 vehicles.
Outdoor sheds and sea containers provide additional storage and flexibility. Currently being rented to a landscape company and moving company with negotiable tenancy beyond May 1.
Can be delivered vacant.
3 bathrooms. 2 lock out doors for space division inside. Parking for ~ 20 vehicles.
Outdoor sheds and sea containers provide additional storage and flexibility. Currently being rented to a landscape company and moving company with negotiable tenancy beyond May 1.
Can be delivered vacant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,200 SF
Building Class
C
Year Built
1957
Price
$1,450,000
Price Per SF
$659.09
Cap Rate
8%
NOI
$116,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
733 SF
Slab To Slab
8’
Building FAR
0.16
Lot Size
0.31 AC
Zoning
CRT - Flexible zoning, allowing for a wide range of service retail and medium to light in industry
Parking
20 Spaces (9.09 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 13-01027276 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $646,367 |
PROPERTY TAXES
Parcel Number
13-01027276
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$646,367
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Presented by
Suburban Solutions
3000 Oak Dr
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