Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2006
Sq.Footage
N/A
Located within the well-maintained East Park Professional Park, this fully leased office suite offers a compelling investment offering with in-place income and attractive cap rate potential, turnkey investment opportunity. The property is leased to Chesapeake Hearing Centers, a recognized regional provider, on a new five-year term with rent commencing June 2026, providing investors with stable, predictable income. The suite features a functional and flexible layout, including multiple private offices, a large conference room, three separate entrances/exits, and an open workspace designed for collaborative use. Currently being remodeled, the space is ideally suited for medical or professional office users. Positioned within a desirable professional park setting, this asset combines strong tenancy, quality improvements, and long-term income security, making it an attractive addition to any investment portfolio. 7.34% Cap Rate - 5 Year Lease in place
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$450,000
-
Tax Amount
$9,224
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
105A
-
Water Source
Public
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Location
County
WICOMICO
Elementary School
Middle School
High School
Listing Courtesy of Trent Maynard Spicer-Davis , SVN/Miller Commercial Real Estate
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AGENT
Amy Dudrow
Call Amy today to schedule a private showing.
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