9660 Marlboro Pike,  Upper Marlboro MD, 20772

(Contingent)
$129,900
|
1,230 sqft
|
MLS# 1002017342
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Last Updated: 11/18/2018 8:59 AM
Description for 9660 Marlboro Pike Upper Marlboro, MD 20772
This Office Condo right off of Marlboro Pike and Pennsylvania Ave is in a busy office complex. Zoned for a multitude of Office types. Since there is a tenant in the office currently this is a great opportunity for investors. The Tenant whose lease is currently Month to Month wishes to remain and lease is ready to be renegotiated. Cap Rate is 9.5%. Lease restructure could easily raise cap above 10%
Price
$129,900
Melwood Townhouse Office
PRINCE GEORGES
1,230 (approx)
1002017342
Contingent
Description
This Office Condo right off of Marlboro Pike and Pennsylvania Ave is in a busy office complex. Zoned for a multitude of Office types. Since there is a tenant in the office currently this is a great opportunity for investors. The Tenant whose lease is currently Month to Month wishes to remain and lease is ready to be renegotiated. Cap Rate is 9.5%. Lease restructure could easily raise cap above 10%
Listing Information
Property Type: Office, Other
0.07 Acres OT 1,230 (approx)
$105.61 1990
Melwood Townhouse Office
Other, Public Water Service
Septic
Neighborhood
Room Information
Interior Features
A/C - Other
Other, Other
3
Exterior / Lot Features
None
CO
Financial Considerations
$2,020
2017
Listing Price History

Upper Marlboro Real Estate

Upper Marlboro is located in Maryland. Upper Marlboro, Maryland 20772 has a population of 10,046.

The median household income in Upper Marlboro, Maryland 20772 is $94,636. The median household income for the surrounding county is $73,856 compared to the national median of $53,482. The median age of people living in Upper Marlboro 20772 is 36.4 years.

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Courtesy: Keller Williams Flagship of Maryland
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This content last refreshed on 11/18/2018 8:59 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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