NNN Medical Office Condo Sale-Leaseback in Frederick, MD

For Sale

77 Thomas Johnson Dr, Frederick, MD 21702

This Frederick property for sale is located at 77 Thomas Johnson Dr. The current listed sale price for NNN Medical Office Condo Sale-Leaseback in Frederick, MD is $2,200,000.

Contacts

broker

Adam Schindler

Property Details

  • Property Type Other
  • Building Class B
  • Year Built 2005
  • Year Renovated 2016
  • Date Updated Apr 17, 2024

77 Thomas Johnson is well located in the heart of the medical community of Frederick within steps of the Frederick Memorial Hospital campus; and has been fully occupied by its current occupants, Simmonds/Advantia for the past approximately ten (10) years. Simmonds/Advantia is known as the preeminent OBGYN practice serving the Frederick community. With established affiliations throughout the suburban Maryland marketplace; Simmonds has recently invested significant capital in renovating and expanding the property and intends on continuing to serve its community for the long term from this primary location. Advantia has over five years remaining on its lease, and the Frederick location is currently the most active for the practice; with significant growth anticipated as the Frederick marketplace continues to thrive and prosper. The Thomas Johnson medical community located to the north of Frederick proper continues to be one of the most active medical markets in suburban Maryland. 77 Thomas Johnson has been fully improved and continues to serve the practice’s needs for the foreseeable future.

 

Total Space Area: 3,750 SF


Year Renovated: 2016


Lease Expiration Date: June 30, 2026


July 1, 2021 NNN Income: $146,449


Rental Rate: $39.05 PSF


Asking price: $2.2M

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Getting around

  • 42/100

    Walk Score ®

  • 26/100

    Transit Score ®

  • 46/100

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Location

  • City Frederick, MD
  • Zip Code 21702
  • Market Baltimore

Points of Interest

  • Frederick

    2.41 miles

  • Monocacy

    4.50 miles

  • Exxon

    0.65 miles

  • Sheetz

    0.88 miles

  • Exxon

    1.06 miles

  • Giant

    1.13 miles

  • Liberty

    1.20 miles

  • GetGo

    1.35 miles

  • BP

    1.58 miles

  • Royal Farms

    1.79 miles

  • Sheetz

    1.92 miles

  • ChargePoint

    2.42 miles

  • Student Parking 4

    0.64 miles

  • Student Parking 5

    0.64 miles

  • Student Parking 3

    0.65 miles

  • Student Parking 2

    0.66 miles

  • Visitor Parking 1

    0.66 miles

  • Conference Center Parking 6

    0.67 miles

  • Arts Center Parking 14

    0.72 miles

  • Student Parking 7

    0.78 miles

  • Overflow / Baseball Parking 8

    0.79 miles

  • Staff Parking 13

    0.80 miles

  • Hampton Inn & Suites Frederick-Fort Detrick

    0.63 miles

  • SpringHill Suites by Marriott

    0.86 miles

  • Beth house

    2.21 miles

  • Francis Scott Key Hotel

    2.24 miles

  • Motel 6 Frederick - Fort Detrick

    2.64 miles

  • Comfort Inn Red Horse Frederick

    2.75 miles

  • Super 8 Frederick

    3.12 miles

  • Best Western

    3.24 miles

  • Econo Lodge

    3.27 miles

  • WoodSpring Suites Frederick

    3.71 miles

  • Wegmans

    0.34 miles

  • Marshalls

    0.36 miles

  • Weis

    0.40 miles

  • Walmart Supercenter

    0.87 miles

  • Giant Eagle

    1.26 miles

  • Food Lion

    1.73 miles

  • Burlington

    2.78 miles

  • Giant Eagle

    2.91 miles

  • Aldi

    3.00 miles

  • Weis Markets

    3.18 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

Adam Schindler