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1104 Walters Avenue
Baltimore, MD 21239
Asking Price
Contact for price
Asset Type
Retail
Class
Class B
What's Special
Retail | 7.5% Cap | 9,028 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, net-leased Fresenius Medical Care (“Fresenius”) property located at 1104 Walters Avenue in Baltimore, Maryland (the “Property”). Constructed in 2017 as a build-to-suit for Fresenius, the free-standing medical office Property has a gross leasable area of 9,028 square feet and sits on a 0.97-acre parcel. The corporate guaranteed lease has 3+ years of term remaining, plus two (2), 5-year renewal opt
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
