Listed by SURMOUNT
$5,049,301
MedStar Health Urgent Care
Details
APN 08-02360667
Property Type Retail
Sub Type Pharmacy/Drug, Medical
Square Footage 6,735
Cap Rate 5.50%
NOI $277,712
Occupancy 100%
Tenancy Single
Brand/Tenant MedStar Health Urgent Care
Lease Type NNN
Lease Term 20
Lease Expiration 06/30/2032
Remaining Term 6
Rent Bumps Yes
Lease Options 2, 5-Year Options
Broker Co-Op Yes
Year Built 1988
Year Renovated 2011
Buildings 1
Stories 1
Acreage 0.370
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/20/2011
Occupancy Date 07/20/2011
Ownership Fee Simple
Rare Montgomery County, MD Urgent Care | Corporate Guaranteed | Recent Lease Extension
Investment highlights
- Ultra Rare Retail Opportunity in Olney, in Montgomery County | Olney is a high barrier to entry limited supply sub-arket in Montgomery County, MD, where opportunities to acquire quality assets are rare.
- MedStar Urgent Care Recently Renewed Lease | The tenant just renewed their lease for an additional 6 years showing commitment to this location.
- Located in Epicenter of Olney, Just Off Major Intersection | The property is well located just off the intersection of Georgia Avenue and Route 108 with Traffic Counts at that Intersection of 60,000+ VPD.
- Prime Frontage on Georgia Avenue with Traffic Counts of 33,000+ VPD | The property sits directly on Georgia Avenue with unmatched visibility and signage on the roadway.
- The Only Urgent Care in the Olney Sub-Market and Surrounding Area | This is the only branded urgent care in the Olney Market and captures a wide population radius as there is no other urgent care traveling north on Georgia Ave and other competition is further south, west, or east.
- MedStar Urgent Care is a Part of MedStar Health | MedStar Health is a health care company that operates 10 hospitals and hundreds of primary and specialty care locations and it's urgent care company has 34 locations in the Washington, D.C. & Baltimore region
- The Property is Strategically Located within 1 Mile of a MedStar Health Medical Center/Hospital | MedStar Health Medical Center Hospital in Olney is just 1 mile away in Olney providing synergistic services and operational efficiencies for the Olney market.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$277,712.00
$23,142.67/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
CRT-2.0-C-1.0-R-1.0-H-70-T MixedMixed UseCommercial Residential Town
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View all 145 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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