Professional Center for Sale in Baltimore - Over 25000 sqft (Baltimore, MD)

Professional Center for Sale in Baltimore - Over 25000 sqft

PRICE JUST REDUCED The Frederick Villa Professional Center is the ideal medical office configuration with 24 hr 7day access. Tenants most of which are in the medical field control all utilities heating and air conditioning. There is diversification of risk with only one tenant making up more than 10% of the total building. Most leases are long term with 3 to 10 years remaining. The physical structure of the building is cinder block with very low maintenance for upkeep. Individual units can vary from 700 square feet to much larger. The one and a half story building is 25 513 square feet and houses 18 individual office units. Each unit is individually metered and several of them have also been recently renovated. All include a front and rear entry with direct access to the parking lot. There is ample and accessible parking. There is a very low tenant turnover. Frederick Villa Professional Center is conveniently located close to the Baltimore National Pike (Route 40) and the Baltimore Beltway (I-695). The surrounding area is full of activity. The neighborhood is filled with shopping centers restaurants churches schools and a nursing home. The adjacent land also holds great potential and is under review for development. [Listing Agent - Flavia Nunes 301-279-0494 ext. 303 301-760-8162 flavia.nunes(at)live.com flavia(at)quasarrealestate.com]