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11055 Little Patuxent PkwyColumbia, MD 21044
Columbia Medical Center
Asset ClassHealthcare Facility, Office
% Leased: 93%AVG In Place Rent: $36.11 / SFRentable SF: 49,958Access Data Room
overview of deal

Overview

Columbia Medical Center (“the Property”) is a three-story, 49,958 square foot medical office building located directly adjacent to Johns Hopkins Howard County Medical Center in the heart of Columbia, Maryland. The Property offers investors a rare opportunity to acquire a stabilized medical office asset in one of the Mid-Atlantic’s most desirable healthcare submarkets. Recently renovated in 2022, the building features updated common areas and modernized systems, along with abundant free surface parking (4.86 per 1,000 SF parking ratio) that enhances convenience for both patients and providers. In addition, the Property benefits from attractive, assumable in-place debt that further strengthens its investment profile. The in-place debt of $5M at a 4% rate matures March 1, 2030. Alternatively, Seller can convey the Property free and clear of any debt.

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Investment Highlights

  • Attractive, Assumable, In-Place Debt: In-place debt of $5M at a 4% rate matures March 1, 2030

 

  • 93% Leased to Optimal Tenant Mix,Including: Johns Hopkins Medical Imaging, Maryland Primary Care Physicians, Howard County Pediatrics, Labcorp, Forefront Dermatology, and more

 

  • Excellent Location: Adjacent to Hospital; Within one mile of Columbia Town Center's shopping, dining, and retail ameniities; Located in one of Maryland's most affluent and educated communities

 

  • Recently Renovated in 2022: Interior and exterior renovations, detailed in OM
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11055 Little Patuxent PkwyColumbia, MD 21044

Sales Team

Matt WeberSenior Vice President(202) 631-6454mattwe@donohoe.com
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