Easton, MD 21601,555 CYNWOOD DR
$1,200,000
$1,200,000
Est.Price: ?

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5,060 SqFt

555 CYNWOOD DR Easton, MD 21601

Est. payment /mo
SOLD DATE : 06/19/2019

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Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 5,060 sqft

Price per Sqft $237

Subdivision Cynwood

MLS Listing ID 1002202498

Sold Date 06/19/19

HOA Y/N N

Originating Board MRIS

Year Built 2000

Annual Tax Amount $8,469

Tax Year 2017

Lot Size 0.841 Acres

Acres 0.84

Property Description

Well-located medical office building in Easton, MD with a stable, long-term tenant in place. River Family Physicians was among the first Easton practices to join the Anne Arundel Health Systems. An operating subsidiary of AAHS is the Tenant under contract through 2023, offering some of the strongest credit in the entire Easton marketplace. Five years remaining on lease in place with AAHS, 3.0% annual escalations Excellent location in established medical complex. Offers 4 physician offices and 11 exam rooms. Valuation and underwriting based on current market rent of $18.00. Financial proforma provided upon request with NDA. Five years remaining on lease in place with AAHS.

Location

State MD

County Talbot

Zoning C

Interior

Hot Water Electric

Heating Forced Air

Cooling Heat Pump(s)

Fireplace N

Heat Source Electric

Exterior

Water Access N

Roof Type Architectural Shingle

Accessibility No Stairs

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Talbot County Public Schools

Others

Tax ID 2101092685

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Robert H Greenlee • SVN |Miller Commercial Real Estate
Bought with Non Member • Non Subscribing Office

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Azieza Kazlak

REALTOR® | License ID: 1751218

+1(201) 705-0103

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