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South River Colony - The Doring Center 3179 Braverton St

13,848 SF 77% Leased Office Building Edgewater, MD 21037 For Sale

Investment Highlights

  • Turn Key Space ready for Occupancy
  • Substantial surface parking
  • Recent roof replacement
  • Abundant natural light throughout
  • Walking distance to countless local amenities
  • Public water/sewer; Direct entry suite

Executive Summary

Opportunity to occupy or up lease vacancy
In-place NOI of $181,391 with up leasing potential to $279,911
Excellent condition and well maintained medical building with abundant parking

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,848 SF
Building Class
B
Year Built
2001
NOI
£142,391
Percent Leased
77%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,674 SF
Slab to Slab
10 ft
Building FAR
0.23
Land Acres
1.39 AC
Zoning
C-2 - Commercial
Parking
50 Spaces (3.75 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Security System
  • Signage
  • Kitchen
  • Natural Light

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 102
  • 3,130 SF
  • Office
  • Full Build-Out
  • Now

Former Custom Home Builders showroom and offices

  • 2nd Fl-Ste 202
  • 1,496 SF
  • Office/Retail
  • Full Build-Out
  • 30 Days

break room tenant responsible responsible for gas accessibility features with elevator access in the building

Space Size Space Use Condition Available
1st Fl-Ste 102 3,130 SF Office Full Build-Out Now
2nd Fl-Ste 202 1,496 SF Office/Retail Full Build-Out 30 Days

1st Fl-Ste 102

Size
3,130 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 202

Size
1,496 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 102

Size 3,130 SF
Space Use Office
Condition Full Build-Out
Available Now

Former Custom Home Builders showroom and offices

2nd Fl-Ste 202

Size 1,496 SF
Space Use Office/Retail
Condition Full Build-Out
Available 30 Days

break room tenant responsible responsible for gas accessibility features with elevator access in the building

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-753-90093315
Land Assessment
£611,037 (2024)
Improvements Assessment
£1,392,024 (2024)
Total Assessment
£2,003,061 (2024)
  • Listing ID: 29704021

  • Date on Market: 04/10/2023

  • Last Updated:

  • Address: 3179 Braverton St, Edgewater, MD 21037

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