NEW! Medical/Professional Office Building

For Sale

499 Idlewild Avenue, Easton, MD 21601

This Easton property for sale is located at 499 Idlewild Avenue. The general use of NEW! Medical/Professional Office Building is office and it incorporates 20,000 square feet of class A office space. The current listed sale price for NEW! Medical/Professional Office Building is $7,000,000. NEW! Medical/Professional Office Building is situated on a lot that is 2.19 acre in size.

Contacts

broker

Chelsye Phillips-Hutton

NAI Coastal

(410) 543-5115

Property Details

  • Property Type Office - General Office
  • Property Size 20,000 SF
  • Lot Size 2.19 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2019
  • Date Updated Mar 4, 2024
Located on Idlewild Avenue in Easton, MD, just off of Route 50.499 Idlewild Ave., Easton, MD is a unique opportunity to own recently built, triple-net, commercial real estate in the Easton medical and professional corridor. This acquisition provides investors with an income-producing property consisting of a 20,000 square foot building constructed in 2019, offering 85% occupancy with a remaining +/- 3,000 square feet to lease or operate. Present tenants all exceed five-year terms with strong financial and tenancy records. This property has the potential to provide a significant Return on Investment within the first few years of ownership, following a projected Pro Forma which reflects market rate and standard escalation and terms in the Easton professional space market. The remaining vacant +/- 3,000 square feet is in raw shell condition, providing future tenants optimal architectural and construction flexibility in designing their individualized floor plans.499 Idlewild Avenue is a 20,000 SF brand new medical/professional office building located within Easton, MD's medical corridor. +/- 3,000 SF of the class A building is available for lease. Per practice's specifications, elective build-out options include flexible unit sizing, layouts, and finishes. Minimum divisible: 3,000 SF, maximum contiguous: +/- 3,000 SF.

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Highlights

  • New, Class A Construction
  • Income-producing
  • Located within the Easton, MD medical corridor, and adjacent to Route 50

Attachments

Getting around

  • 54/100

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  • 66/100

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Location

  • City Easton, MD
  • Neighborhood Easton
  • Zip Code 21601

Points of Interest

  • Tesla Supercharger

    0.58 miles

  • Royal Farms

    0.59 miles

  • Wawa

    0.65 miles

  • Sunoco

    1.06 miles

  • Crown

    1.38 miles

  • Exxon

    2.73 miles

  • Shell

    3.23 miles

  • Exxon

    6.73 miles

  • Freedom Fuel

    7.03 miles

  • High's

    7.27 miles

  • Crab Claw Restaurant Parking

    8.32 miles

  • Chesapeake Bay Maritime Museum Parking

    8.40 miles

  • St. Michaels municipal parking lot

    8.50 miles

  • Hampton

    0.59 miles

  • Quality Inn

    1.36 miles

  • Holiday Inn

    1.41 miles

  • Days Inn

    1.58 miles

  • Best Western Plus

    1.71 miles

  • Fairfield Inn & Suites

    2.12 miles

  • Fairfield Inn

    2.13 miles

  • St. Michaels Inn

    7.44 miles

  • Robert Morris Inn

    7.55 miles

  • The Old Brick Inn

    8.41 miles

  • Aldi

    0.76 miles

  • Safeway

    0.89 miles

  • Walmart

    0.96 miles

  • Giant

    1.01 miles

  • Pebbles

    1.18 miles

  • Acme

    1.24 miles

  • Kohl's

    1.32 miles

  • Weis

    1.44 miles

  • Target

    1.50 miles

  • Harris Teeter

    1.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chelsye Phillips-Hutton

NAI Coastal

(410) 543-5115