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697 Maryland 3
Gambrills, MD 21054
Asking Price
$715K
Asset Type
Executive Office Office
Class
Class B
What's Special
697 Maryland 3, Gambrills, MD 21054 <ul><li>+/- 1,500 SF Freestanding Office Building</li><li>Has been owner occupied and well cared for by an Electrical Contractor for 25 years</li><li>Reception area, 4 private offices, kitchen, restroom and storage closet</li><li>Approximately .84 acres along highly travelled Route 3 corridor</li><li>+/- 74,000 average daily traffic count</li><li>Significant signage opportunity fronting Route 3</li><li>Only 1 traffic signal from I-97 and MD Rt 32</li></ul>
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NOI
$80,000
Cap Rate
11.19%
DSCR
1.88
Strong
Cash-on-Cash
17.51%
Monthly Payment
$3,537.43
Annual Cash Flow
$37,550.841