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Description

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 squarefoot building constructed in 2019, offering 100% occupancy. Present tenants all exceed five-year terms with strong financial and tenancy records. This property has the potential to provide a desirable Return on Investment within the first few years of ownership, following a Pro Forma which reflects the pass through expenses, market comparable lease rates, and standard terms expected within the Easton professional market. Acquiring this property provides investors with 20,000 square feet of Class A medical and professionaloffice, constructed to exceed building efficiency code requirements and provide ample parking. Thisbuilding is within close proximity to Route 50, the University of Maryland Shore Medical Center (0.50 miles), anddowntown Easton which offers easily-accessed amenities and quality restaurant options.

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MLS Number: MDTA2004014

Listing Provided By: Chelsye Phillips-Hutton – (443) 513-0682 – chelsye@naicoastal.com

NAI Coastal – (410) 543-5115