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1101 Opal CtHagerstown, MD 21740

High-Occupancy Office Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
Hub Plaza, located at 1101 Opal Ct, Hagerstown, MD 21740, presents a compelling investment opportunity in a rapidly growing market. This three-story, Class B office building, constructed in 2001, offers 61,006 square feet of total space, with 53,219 square feet of net rentable area. Currently boasting a 95.5% occupancy rate, the property is categorized as a stabilized, value-add investment. The building is zoned CG and features a multi-tenant configuration, suitable for traditional office, executive office, and medical office uses. The single building structure provides a manageable investment portfolio. Its location in Washington County, Maryland, offers significant potential for growth and return on investment. The property's strong occupancy rate and established tenant base provide immediate cash flow, while the value-add potential allows for future enhancements and increased profitability. This is an exceptional opportunity to acquire a well-positioned, income-producing asset in a thriving market. Detailed financial information and lease terms are available upon request.

Highlights

  • 61,006 square foot, three-story Class B office building in Hagerstown, MD.
  • 95.5% occupancy in a stabilized, value-add investment.
  • Multi-tenant building with a modified lease structure.
  • Located at 1101 Opal Ct, Hagerstown, MD 21740, in a rapidly growing market.
  • Building features approximately 53,219 square feet of net rentable space.
  • Built in 2001, with CG zoning.

Property Details for 1101 Opal Ct

Property type
Office properties, Medical offices
Square Feet
61,006 SF
Class
B
Year Built
2001
Buildings
1
Stories
3

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.63555204
Longitude
-77.69697147
1101 Opal Ct, Hagerstown, Maryland

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1101 Opal Ct
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