Office Space
8579 Commerce Drive Easton, MD 21601
Details & Description
Price: $495,000
    DescriptionYou know the old saying: Location - Income - Security!! This one has it all!Attractive, state-of-the-art 2,500 SF medical office condominium unit with extraordinary visibility from the Easton Parkway. The location is in the middle of the regional retail center of the community and the new medical focal point with the AAHC Pavilion and Qlarant (formerly Quality Health Strategies).HighlightsBrand new 5-year NNN lease, with 5-year option, starts June 1, 2020,Tenant is long-time Easton-based primary care group.Price based on 7.0% cap rate.Middle unit within the Easton Professional Center CondominiumJoin highly regarded Podiatrist, Primary Care groups, and Planned ParenthoodImportant location on the west side of town, one minute from the new AAHC Pavillion and Target-anchored Waterside Village
    Listing Agents
    Robert Greenlee

    O: 443-390-2600
    M: 410-714-9766
    bob.greenlee@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    8579 Commerce Drive

    Easton, MD 21601

    Listing ID: 200516
    8579 Commerce Drive Easton, MD 21601 | for Sale | Photo 1
    Building Size: 2,500 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $198.00
    Land $/SF:
    Price
    $495,000
    Description

    Description

    You know the old saying: Location - Income - Security!! This one has it all!

    Attractive, state-of-the-art 2,500 SF medical office condominium unit with extraordinary visibility from the Easton Parkway. The location is in the middle of the regional retail center of the community and the new medical focal point with the AAHC Pavilion and Qlarant (formerly Quality Health Strategies).

    Highlights

    Brand new 5-year NNN lease, with 5-year option, starts June 1, 2020,

    Tenant is long-time Easton-based primary care group.

    Price based on 7.0% cap rate.

    Middle unit within the Easton Professional Center Condominium

    Join highly regarded Podiatrist, Primary Care groups, and Planned Parenthood

    Important location on the west side of town, one minute from the new AAHC Pavillion and Target-anchored Waterside Village

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Salisbury History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Easton Area Market Trends

    Listing Demographics for 8579 Commerce Drive Easton, MD 21601

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,42415,10322,315
    Population Median Age414445
    Population by Age0-9 Yrs364 (10%)1732 (11%)2525 (11%)
    10-19 Yrs301 (8%)1667 (11%)2406 (10%)
    20-29 Yrs475 (13%)1680 (11%)2236 (10%)
    30-39 Yrs491 (14%)1825 (12%)2507 (11%)
    40-49 Yrs605 (17%)1671 (11%)2432 (10%)
    50-59 Yrs371 (10%)1661 (10%)2580 (11%)
    60-69 Yrs379 (11%)1801 (11%)3006 (13%)
    70+ Yrs439 (12%)3065 (20%)4622 (20%)
    Median HH Income$39,024$60,295$69,086
    Total Household Income< 24K504 (27%)1301 (18%)1580 (15%)
    25-49K581 (31%)1704 (24%)2230 (21%)
    50-74K286 (15%)1167 (16%)1636 (16%)
    75-99K187 (10%)967 (13%)1421 (13%)
    100-199K213 (11%)1423 (20%)2401 (23%)
    200K+56 (3%)509 (7%)910 (8%)
    Highest Education LevelNo Diploma45312471558
    Diploma or GED65326363850
    Some College50821113121
    Assoc. Degree1537501208
    Bachelors Degree42522303399
    Higher Degree36219703161
    Total Housing Units1,9877,78911,349
    --Owner-Occupied6273,8906,414
    --Renter-Occupied1,2003,1823,764
    Owner-Occupied Values< 100K44220321
    100-199K130564799
    200-299K27413672012
    300-399K1028761523
    400-499K18317529
    500K+595471231
    Total Working Age Population2,88612,33518,348
    In Work Force1,8947,34010,798
    Not In Work Force9934,9957,550
    Workforce Employed1,8567,08510,409
    Workforce Unemployed36236360
    Civlian Workforce1,8927,32110,769
    Military Workforce11930
    Total Households1,8267,07210,178
    Family Households8394,0946,326
    Non-Family Households9872,9783,852
    Married Couple4773,0504,880
    Other Family3621,0441,447
    Married w/Child1841,1231,620
    Single Male w/Child3089134
    Single Female w/Child152535736

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Maryland5,296,486+95,773,552+66,141,900+66,518,750
    Caroline County29,772+1133,066+334,050+1338,450
    Queen Annes County40,563+1847,798+650,750+1055,750
    Talbot County33,812+1237,782+338,850+540,900

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 8579 Commerce Drive in Easton?
    The asking price for 8579 Commerce Drive is $495,000
    What is the building size of this Office property in Easton, MD?
    The size of the building/unit at 8579 Commerce Drive in Easton is 2,500 square feet
    What kind of Office is the propery at 8579 Commerce Drive?
    The property at 8579 Commerce Drive Easton, MD 21601 is listed as a Medical Office property
    What is the population within 1 mile of 8579 Commerce Drive in Easton?
    The population within 1 mile of 8579 Commerce Drive Easton, MD 21601 is 3,424 people.
    Who do I contact for questions about 8579 Commerce Drive?
    You should contact the listing agent, Robert Greenlee, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    14 North Washington Street, Easton, MD $1,100,000 7632 -
    511 Idlewild Avenue, Easton, MD $1,060,000 4253 1.52
    401 Purdy Street, Easton, MD $475,000 1730 0.5
    401 Purdy Street, Easton, MD $920,000 3270 -
    29509 Canvasback Drive, Easton, MD $2,100,000 12147 1.2
    401 Academy Street, Cambridge, MD $595,000 4250 0.1
    110 Channel Marker Way, Grasonville, MD $749,000 2400 -
    821 Fieldcrest Road, Cambridge, MD $6,500,000 40180 7.75
    204 South Main Street, Federalsburg, MD $279,900 2634 0.2
    106 West Water Street, Centreville, MD $195,000 1512 0.03

    Closest Commercial Airports

    Airport Distance (mi)
    Baltimore Washington International (Thurgood Marshall Airport) (BWI) 41
    Ronald Reagan Washington National Airport (DCA) 52
    Washington Dulles International Airport (IAD) 75