Office Medical
9440 Marlboro Pike | MedStar Health | Acorn Health | Concrete General | SportsPro | StateFarm
9440 Marlboro Pike, Upper Marlboro, MD 20772
Listing Price: $2,900,000
Investment Overview
Marcus & Millichap is pleased to present this investment opportunity located at 9440 Marlboro Pike in the heart of Upper Marlboro, Maryland. This professionally managed, 43,353 square-foot commercial property offers an attractive opportunity for investors seeking modest cash flow and the ability to create significant value. The asset is anchored by a strong roster of reputable medical office and traditional office tenants, including Acorn Health, MedStar Health, Urban Oasis Behavioral Health Services, Concrete General, Exit Essentials Realty, Sports Pro Physical Therapy, State Farm Insurance, and Proctor School of Dental Assisting.
With the breakeven costs and then some covered by the existing tenant rent, additional tenancy rent drops straight to the bottom line and increases the Net Operating Income dollar by dollar. Notably, in the presence of primarily modified gross leases, if an investor were to adjust the reimbursement structure incrementally over time or start immediately with new or renewing tenants, feasibly even larger net income dollars would materialize as well.
The property is prominently positioned along a major arterial corridor, providing excellent visibility and strong daily traffic counts. Additionally, the property benefits from strategic accessibility to MD Route 4 and Interstate 495. The location is effectively serving the growing Prince George’s County market for an aging population requiring the medical office tenant services and the local and commuter base requiring both the health and professional services provided at the building.
Investment Highlights
- Value-Add Opportunity Through Lease-Up and Expense Optimization
- Strong Medical Office Presence Serving Growing Prince George's County Market
- Diversified Tenant Roster Anchored by Medical and Professional Service Providers
Office Medical
9440 Marlboro Pike | MedStar Health | Acorn Health | Concrete General | SportsPro | StateFarm
Listing Price: $2,900,000
Investment Highlights
- Value-Add Opportunity Through Lease-Up and Expense Optimization
- Strong Medical Office Presence Serving Growing Prince George's County Market
- Diversified Tenant Roster Anchored by Medical and Professional Service Providers
Investment Overview
Marcus & Millichap is pleased to present this investment opportunity located at 9440 Marlboro Pike in the heart of Upper Marlboro, Maryland. This professionally managed, 43,353 square-foot commercial property offers an attractive opportunity for investors seeking modest cash flow and the ability to create significant value. The asset is anchored by a strong roster of reputable medical office and traditional office tenants, including Acorn Health, MedStar Health, Urban Oasis Behavioral Health Services, Concrete General, Exit Essentials Realty, Sports Pro Physical Therapy, State Farm Insurance, and Proctor School of Dental Assisting. With the breakeven costs and then some covered by the existing tenant rent, additional tenancy rent drops straight to the bottom line and increases the Net Operating Income dollar by dollar. Notably, in the presence of primarily modified gross leases, if an investor were to adjust the reimbursement structure incrementally over time or start immediately with new or renewing tenants, feasibly even larger net income dollars would materialize as well. The property is prominently positioned along a major arterial corridor, providing excellent visibility and strong daily traffic counts. Additionally, the property benefits from strategic accessibility to MD Route 4 and Interstate 495. The location is effectively serving the growing Prince George’s County market for an aging population requiring the medical office tenant services and the local and commuter base requiring both the health and professional services provided at the building.