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1539 Tilco Dr
Frederick, MD 21704

$2,295,000 USD

Light Distribution Condo For Sale • 11,026 SF

Property Details

Property Type Light Distribution
Total Building Size 128,610 SF
Lot Size 7.88 AC
Building Class B
Year Built 2007
Tenancy Multiple
Zoning M1

15 Transit Score

15 Walk Score

1 Unit Available

Name	Condo Use	Size	Price	Details
1st Floor - Unit 120 &121	Flex	11,026 SF	$2,295,000 USD
Unit Size: 11,026 SF Condo Use: Flex Price: $2,295,000 USD Sale Type: Investment or Owner User Price/SF: $208.14 USD

Description

Situated within the Industrial Center East Park, this premier industrial hub offers excellent accessibility to major transportation routes, including I-270, I-70, and Highway 40 West, facilitating seamless logistics and distribution for businesses. The property spans 11,026 +/- square feet, featuring 8,000 +/- square feet dedicated to warehouse space, providing ample room for storage, manufacturing, or distribution operations. Additionally, two bays equipped with two dock overhead door.

The facility also includes 3,000+/- square feet of modern office space, featuring three restrooms and one kitchenette, offering a comfortable and functional workspace for administrative tasks and client meetings.

Currently, the property is 100% leased, guaranteeing investors stable income streams with a robust CAP rate, ensuring immediate returns and long-term growth potential

                
                    Highlights
                
                                Situated in Industrial Center East Park with easy access to I-270, I-70, and Highway 40 West.
                            
                                Investor owned. Both condo units are currently 100% leased, offering investors a stable income stream. 
                            
                                Investor owner opportunity with a robust CAP rate and ROI.
                            
                                Two separate Tax ID condos, Suite 120 with Tax ID 02-589866 and Suite 121 with Tax ID 02-589867, are being sold as one.
                            
                                The warehouse area spans around 8,000 +/- square feet, with an additional office space of approximately 3,000 +/- square feet.

Public Transportation

Commuter Rail	Drive	Walk	Distance
Frederick (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC))	6 min	-	1.8 mi
Monocacy Marc Eb (BRUNSWICK - WASHINGTON - Maryland Transit Administration)	9 min	-	3.5 mi
Airport	Drive	Walk	Distance
Hagerstown Regional/Richard A Henson Field	45 min	-	32.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	198
Type:	Surface
Included in Rent:	Yes

Ken Breen 301-639-8499 Clagett Enterprises, Inc.

1539 Tilco Dr Frederick, MD 21704