Office•Medical•For Sale

555 Cynwood Drive

555 Cynwood Drive, Easton, Maryland 21601

Sale Price $1,200,000
Sale Type Investment
Zoning Commercial
Bldg Type Single Tenant
Class A
Year Built 2000
Stories 1
Vacancy 100%
Gross Bldg 5,060 SqFt
Land Area .84 Acres
Market Eastern Shore of Maryland
Sub-Market Easton
Well-located medical office building in Easton, MD with a stable, long-term tenant in place. River Family Physicians was among the first Easton practices to join the Anne Arundel Health Systems. An operating subsidiary of AAHS is the Tenant under contract through 2023, offering some of the strongest credit in the entire Easton marketplace. Located one block west of US Route 50 in an established medical complex. The Idlewild Corridor is the principal medical office center for Easton and the region.
  • Five years remaining on lease in place with AAHS, 3.0% annual escalations
  • Excellent location in established medical complex
  • Offers 4 physician offices and 11 exam rooms
  • Valuation and underwriting based on current market rent of $18.00
  • Financial proforma provided upon request with NDA
2/6/2019 7:56:50 PM 4/2/2019 3:12:50 PM
Robert H. Greenlee
Managing Director
SVN | Miller Commercial Real Estate

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