Please Wait ...

Value-Add Office/Retail Asset In Opportunity Zone

Office Building/Free Standing Retail/Income Producing Pad Site 

Lee & Associates, in conjunction with RealINSIGHT Marketplace, is pleased to offer for sale the Pulaski Professional Center, formerly known as the Alpha Health Center, located at 300 E. Pulaski Highway in Elkton, Maryland (the “Property”). This attractive value-add offering is comprised of a primary 83,829 RSF office building, a 5,000 RSF free standing retail building and one income generating Pad Site. The Property benefits from exceptional visibility as it is situated directly on Rt. 40 ( Pulaski Highway ) -- the major North-South thoroughfare running from Baltimore to New Castle, Delaware.

AERIAL VIDEO

Investment Highlights

  • Resting on Pulaski Highway, the Property enjoys over 28,000 in daily vehicular traffic 
  • Further enhancing the visibility and tenant location awareness, the Property has tall, highly visible pylon signage directly on Rt. 40
  • Good proximity to I-95 offering easy access to Newark (U. of Delaware) and Wilmington, DE, as well as to Philadelphia and Baltimore
  • Large open floor plates allowing for many diverse configurations, attractive for both multi and single tenant use
  • Ample surface parking with a 5.1/1000 overall parking ratio
  • Easy access to public transportation and in close proximity to nearby retail properties and amenities

 

The pad site is operated by an Olive Garden restaurant and the free standing retail building is operated by ExpressCare. Neighboring properties contain an attractive mix of retail and banking amenities such as Walgreens, Walmart, Dunkin Donuts, Taco Bell, Starbucks, Wawa, McDonalds, ALDI, Chick-fil-a, Pizza Hut, Columbia Bank and PNC Bank - just to name a few.

 

 

 

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Pulaski Professional Center

300 East Pulaski Highway, Elkton, MD 21921

Sold

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 13.45 Acres
  • Year Built
  • 1992
  • Year Renovated
  • 2010
  • Number of Floors
  • 1
  • Number of Buildings
  • 2
  • Parking Count
  • 493
  • Occupancy
  • 25.00%
  • Occupancy as of
  • May 29, 2019
  • Mixed Uses
  • Retail, Office
  • Total Property Size
  • 88,829 Sq Ft
  •  
  • Retail Information
  • Retail Type
  • Freestanding Retail
  • Anchor
  • No
  • Property Size
  • 5,000 Sq Ft
  •  
  • Office Information
  • Office Type
  • Suburban Office
  • Property Size
  • 83,829 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Cooperating Broker Fee Available!

    Cooperating brokers may be eligible for a 0.50% co-op fee if their client is the winning bidder. If you are a broker, click here to login and identify your client.

  • Auctioneer

    1. Lynne Zink

      c/o Fisher Auction Company Inc.

      License: 1733