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Heritage Medical Park 8926 Woodyard Rd

34,148 SF 66% Leased Office Building Clinton, MD 20735 £6,672,423 (£195/SF)

Investment Highlights

  • 72% leased medical office building to high quality tenants
  • Ample parking, private entrances, renovated common areas, and great visibility
  • Great retail and restaurants at Woodyard Crossing and The Landing at Woodyard
  • Near MedStar Southern Maryland Hospital Center and Adventist Healthcare Fort Washington Medical Center
  • Quick drive to Branch Avenue (Route 5) and the Capital Beltway (I-495/I-95)

Executive Summary

NAI Michael is pleased to present to qualified users and investors Heritage Medical Park (“Property”), located at 8926 Woodyard Road in Clinton, MD. Heritage Medical Park is an outstanding asset for users and/or investors pursuing stabilized income from well established medical tenants in the Washington DC metropolitan region. Heritage Medical Park is currently 72% leased, with the remaining space providing an occupancy advantage for medical user-investors.
Heritage Medical Park situated on 3.09± acres of land and is comprised of three medical buildings totaling 34,148± rentable square feet. Each building is approximately 11,500 square feet. The Property has been exceptionally well maintained and all building systems are serviced on a routine basis. All roofs and the parking lot were replaced in June 2023. The Property is zoned CGO (Commercial General Office), and the surrounding properties are also zoned CGO or residential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
34,148 SF
Building Class
B
Year Built/Renovated
1986/2023
Price
£6,672,423
Price Per SF
£195
Percent Leased
66%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
33,161 SF
Building FAR
0.25
Land Acres
3.09 AC
Zoning
CGO - Commercial General Office
Parking
192 Spaces (5.62 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Banking
  • Bus Route
  • Courtyard

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 101
  • 5,975 SF
  • Office/Medical
  • Full Build-Out
  • Now

Used for oncology-hematology Suites 101 & 201 can be combined for a total of 9,636± SF. Available July 2023

  • 1st Fl-Ste 201
  • 3,661 SF
  • Office/Medical
  • Full Build-Out
  • Now

Used for oncology-hematology Suites 101 & 201 can be combined for a total of 9,636± SF. Available July 2023

  • 1st Fl-Ste 502
  • 1,645 SF
  • Office/Medical
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 101 5,975 SF Office/Medical Full Build-Out Now
1st Fl-Ste 201 3,661 SF Office/Medical Full Build-Out Now
1st Fl-Ste 502 1,645 SF Office/Medical - Now

1st Fl-Ste 101

Size
5,975 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 201

Size
3,661 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 502

Size
1,645 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Fl-Ste 101

Size 5,975 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Used for oncology-hematology Suites 101 & 201 can be combined for a total of 9,636± SF. Available July 2023

1st Fl-Ste 201

Size 3,661 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Used for oncology-hematology Suites 101 & 201 can be combined for a total of 9,636± SF. Available July 2023

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-0916692
Land Assessment
£1,055,970
Improvements Assessment
£4,403,250
Total Assessment
£5,459,220
  • Listing ID: 31012916

  • Date on Market: 21/02/2024

  • Last Updated:

  • Address: 8926 Woodyard Rd, Clinton, MD 20735

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