46 B Thomas Johnson Dr
$3,950,000
46 B Thomas Johnson Dr Frederick, MD 21702
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About this listing
Free-Standing 2-Story Medical Building Brand New Roof installed in 2023 $303,918/year NOI in 2024 3% Escalation Annually Proforma NOI $498,000/year Across from John Hopkins Community Physicians Building Adjacent to Route 15
Introducing the Frederick Professional Medical Center located at 46B Thomas Johnson Frederick, MD 21702. This rare investment opportunity offers a free-standing, 2-story medical building in the heart of the bustling Frederick Medical Corridor. Currently, the first floor houses Maryland Oncology Hematology, an esteemed affiliate of the US Oncology Network, with 15 other locations. With 104 parking spots and a total lot size of 1.89 acres, this property presents a chance to secure a credit tenant for mortgage payments while enjoying a 10,000 SF vacant unit ideal for personalized use, originally built as a radiology center. Strategically positioned adjacent to Route 15, with high visibility from 11,000 vehicles daily and surrounded by the prestigious John Hopkins Community Physicians, the Frederick Professional Medical Center boasts a prime location. Within a 10-minute drive, you'll find a population of 66,136 with a median household income of $87,432 and a median net worth of $212,274. Don't miss out on this lucrative opportunity in the $187 million medical healthcare market! Operating expenses are shared 50-50 between Tenants.
It is also a great fit for religious, daycare, health club, pharmacy, drug store uses.
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Building Size
20,000 sqft
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Lot Area
1.89 acres
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Year Built
2002
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Zoning
GC
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MLS ID
MDFR2064106
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Floors
2
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Year Last Renovated
2023
DESCRIPTION
- • Average Floor Size: 10000.0
- • Max Contiguous Area: 20000.0
