200 Professional Drive

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200 Professional Drive

Gaithersburg, MD 20879
Asking Price
$9.50M
Asset Type
Office
Class
Class B

What's Special

Office building for sale. Great user/investor opportunity. Lease back 25% of the building. <ul><li>​Located in the heart of the I-270 Biotech Corridor home to over 500 life sciences companies</li><li>​Access to top industry talent and universities</li><li>​Proximity to NIH, FDA, NIST, etc.</li><li>​Supportive local government and industry organizations, MCEDC, BHI, etc.</li><li>​200 Professional Drive offers flexible space configurations and competitive rates for leasing and for those interested in owning a condo unit</li><li>​Adjacent to the I-270 Interchange at Watkins Mill Road and

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NOI
$80,000
Cap Rate
0.84%
DSCR
0.14
Underwater
Cash-on-Cash
-16.98%
Monthly Payment
$47,000.817
Annual Cash Flow
$-484,009.799

Location & Travel Times