• 2 Units
• Unknown Sq Ft
• Unknown Sq Ft
• Unknown Cap Rate

Description

THE OFFERING:

This is a Condo Portfolio Sale for Two Professional Offices located on the Upper Level of a Two (2) Level Building. Portfolio sale includes both 12118 B and 12120 B Heritage Park Circle, Silver Spring, MD 20906 within the sought-after Heritage Park Business Center condo community. Both units are being sold together for one price, $577,950.




Also, Seller will include all of the furniture in both offices with a full price offer.

(Note: the following items; however, are excluded from the sale 1) the wall hangings throughout both offices and common areas and 2) the display cabinet in the conference room.)




Units 12118 B and 12120 B Heritage Park Circle, each being 875 sf and being contiguous, combine for a total of 1,750 sf. Each unit can be used together or separately. Well-designed and appointed, the units are ideally suited for professional use such as medical, dental, accounting, insurance, or other service-oriented commercial businesses.




UNIT 12118 B FEATURES:

1. Large conference room

2. Large bullpen style office

3. A rest room, and

4. A waiting area (see floor plan)




UNIT 12120 B FEATURES:

1. 4 generous offices

2. A 5th office, perfect for a small office or file room (see floor plan).

3. 3-paned bay window in the largest office



BOTH UNITS FEATURE:

1. Multi-paneled glass-paned doors

2. Multiple windows in each unit provide an openness within the common areas, while also allowing privacy

3. Double French doors in the three largest offices




THE BUILDING FEATURES:

1. The units are accessible from the ground level by stairs after entering the building's alcove and leads to a vestibule-like platform where each unit can be entered individually.

2. The stairwell separates the two units. Each condo then may be entered and used individually, if desired.

3. Alternatively, the two units can be used in its current form as one larger unified office. (There is no elevator.)

4. Obviously, the units' floor plans can be arranged in any preferred configuration.
5. In its current layout, the existing combined floor plan easily accommodates a receptionist office, waiting areas, a file room, a conference room, main offices, and a private bath, which is currently located in unit 12118 B.



ADDITIONAL HIGHLIGHTS:

Large Conspicuous Signage Viewable from Viers Mill Rd

Two assigned parking spaces per each unit plus visitor parking spots for clients and staff

Convenient access to the community mailboxes

Separate HVAC systems

Commercial Transitional (CT) zoning

Rare chance to own two adjoining office condos within the same complex

Office furniture and phones system are negotiable

Current occupant will vacate upon settlement



ADDTIONAL INFORMATION:

Condo Fee: $165 per unit, includes CA

Taxes: $2,778 per unit



LOCATION, LOCATION, LOCATION:

1. Located on one of the most highly trafficked thoroughfare in the DMV., Veirs Mill Rd, and is also tied to the beltway by way of other major traffic corridors


2. Positioned near several of the most highly trafficked intersections in the DMV,

(a) Veirs Mill & Randolph Rds,

(b) Connecticut & Veirs Mill Rd,

(c) Georgia Ave & Veirs Mill Rd


3. These thoroughfares tie together major populated areas including -

North Bethesda,

Kensington,

the north, south, and east areas of Silver Spring

and so is convenient for numerous communities.