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401 Purdy Street , #202

EASTON, MD 21601
  • $595,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: MDTA2006444
UPDATED: 20 min ago
$595,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2006
County:

School Ratings & Info

School District:

Description

Great opportunity to invest in an Absolute NNN medical building with a national tenant. Occupied by LabCorp since 2008, a leading global life sciences company, the property offers great returns in a growing market. Priced at 7% cap rate with property management already in place. Enjoy passive returns with a great tenant in a growing market.- Absolute NNN Lease: No landlord responsibilities, offering a truly passive investment.- Established Tenant: LabCorp is a leading global life sciences company, providing comprehensive clinical laboratory and end-to-end drug development services. - Prime Location: The office is located in Easton, Maryland, along its strong, growing medical corridor.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-21T19:53:02.577.
www.locomusings.com/homes/144745936
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401 Purdy Street , #202 EASTON, MD 21601

  • Price: $595,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 20 min ago
  • ID#: MDTA2006444
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2006
Built
County:
Talbot
School District:
Talbot County Public Schools
Property Description
Great opportunity to invest in an Absolute NNN medical building with a national tenant. Occupied by LabCorp since 2008, a leading global life sciences company, the property offers great returns in a growing market. Priced at 7% cap rate with property management already in place. Enjoy passive returns with a great tenant in a growing market.- Absolute NNN Lease: No landlord responsibilities, offering a truly passive investment.- Established Tenant: LabCorp is a leading global life sciences company, providing comprehensive clinical laboratory and end-to-end drug development services. - Prime Location: The office is located in Easton, Maryland, along its strong, growing medical corridor.
Exterior Features

Construction Materials BrickBrick Front Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1841.00 Cooling Central A/C Heating Heat Pump - Electric BackUp Heating YN Yes Net Square Feet 1841.00

Property Features

Accessibility Features Grab Bars Mod36"+ wide HallsNo Stairs Assessment Year 2023 Business Type Professional Central Air YN Yes Cooling Fuel Electric Gross Income 44640.00 Heating Fuel Electric Hot Water Electric Municipality Easton Navigable Water YN N Net Operating Income 41961.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 802667758754 Ownership Interest Condominium Possession Settlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 6175.00 Tax Assessment Amount 497000.00 Vacation Rental YN No Water Source Public Zoning CG

Listing courtesy of SVN/Miller Commercial Real Estate: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-21T19:53:02.577.
 
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