6178 Oxon Hill Rd
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6178 Oxon Hill Rd
17,955 SF 90% Leased Office Building Oxon Hill, MD 20745 £2,904,467 (£162/SF) 7.80% Net Initial Yield
Executive Summary
NAI Michael is pleased to present 6178 Oxon Hill Road. The property consists of a Class B office building consisting of approximately 17,955 SF situated on 0.521 acres of land with My Eye Dr as the main tenant.
The professional building was constructed in 1979 and is a masonry building with an approximate gross floor area of 5,985 square feet. The property contains two elevators and approximately 66 surface parking spaces which provides adequate parking for medical and professional service firms as tenants.
As of August 2024, the building currently has eight tenants including Lexington Plastic Surgeons, My Eye Doctor, Surgical Pavillion of Maryland, Bono73 Clothing, Diversified Lifestyle Services, YNOT, Beauty Cabanas and Beecher Brown.
The building is 90.3% percent leased and 9.71% vacant with one suite (Suite 203-1,370 SF) currently available
for lease for $26.00/SF.
The professional building was constructed in 1979 and is a masonry building with an approximate gross floor area of 5,985 square feet. The property contains two elevators and approximately 66 surface parking spaces which provides adequate parking for medical and professional service firms as tenants.
As of August 2024, the building currently has eight tenants including Lexington Plastic Surgeons, My Eye Doctor, Surgical Pavillion of Maryland, Bono73 Clothing, Diversified Lifestyle Services, YNOT, Beauty Cabanas and Beecher Brown.
The building is 90.3% percent leased and 9.71% vacant with one suite (Suite 203-1,370 SF) currently available
for lease for $26.00/SF.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,955 SF
Building Class
C
Year Built
1979
Price
£2,904,467
Price Per SF
£162
Net Initial Yield
7.80%
NOI
£226,548
Percent Leased
90%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
5,985 SF
Slab to Slab
10 ft
Building FAR
0.38
Land Acres
1.08 AC
Zoning
NAC - Commercial
Parking
66 Spaces (3.68 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
1,370 Square feet of office space available on the 2nd floor.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 203 | 1,370 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 203
| Size |
| 1,370 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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2nd Fl-Ste 203
| Size | 1,370 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1,370 Square feet of office space available on the 2nd floor.
Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 12-1354893 | Improvements Assessment | £1,165,869 |
| Land Assessment | £369,260 | Total Assessment | £1,535,128 |
PROPERTY TAXES
Parcel Number
12-1354893
Land Assessment
£369,260
Improvements Assessment
£1,165,869
Total Assessment
£1,535,128
-
Marcus Daniels -
NAI The Michael Companies, Inc.
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6178 Oxon Hill Rd
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