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Located within the well-maintained East Park Professional Park, this fully leased office suite offers a compelling investment offering with in-place income and attractive cap rate potential, turnkey investment opportunity. The property is leased to Chesapeake Hearing Centers, a recognized regional provider, on a new five-year term with rent commencing June 2026, providing investors with stable, predictable income. The suite features a functional and flexible layout, including multiple private offices, a large conference room, three separate entrances/exits, and an open workspace designed for collaborative use. Currently being remodeled, the space is ideally suited for medical or professional office users. Positioned within a desirable professional park setting, this asset combines strong tenancy, quality improvements, and long-term income security, making it an attractive addition to any investment portfolio. 7.34% Cap Rate - 5 Year Lease in place
| DAYS ON MARKET | 0 | LAST UPDATED | 4/17/2026 |
|---|---|---|---|
| YEAR BUILT | 2006 | COMMUNITY | Wicomico Northeast (23-02) |
| COUNTY | WICOMICO | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | WICOMICO COUNTY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Wicomico Northeast (23-02) |
| CONSTRUCTION | Brick |
| HEAT | Other |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 9224 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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