Medical Office Building Investment Opportunity in Damascus, MD Listing Details & Market Data

26005 Ridge Rd, Damascus, MD 20872

  • For Sale $4,500,000
  • Property Type Other
  • Building Class B
  • Year Built 1998
  • Date Updated Apr 21, 2024

Total Space Area: 10,500 SF
Lease Expiration Date: June 30, 2026
July 1, 2021 NNN Income: $271,501.20
Asking price: $4.5M

26005 Ridge Road is a 10,500 SF medical office building extremely well located in the middle of downtown Damascus. The property was developed by the current occupant in 1991; and has been the home of Simmonds/Advantia since that time. Simmonds/ Advantia is known as the preeminent OBGYN practice serving Damascus, Northern Montgomery County and the surrounding communities. The property originally housed the Tenant’s back office operations, call center, and clinical operations. The property is located within the Ridgeview Shopping Center, which sits at the intersection of Route 27 and Bethesda Church Road; one of the most prominent locations in downtown Damascus. With established affiliations throughout the suburban Maryland marketplace; Simmonds has recently invested significant capital in renovating the property and intends on continuing to serve its community for the long term from this primary location. Advantia has over five years remaining on its lease, and the Damascus location remains one of the most active for the practice. Other than a small office tenant who has recently expanded and signed a long term commitment to the project; the building remains fully occupied by Advantia for the long term. 26005 Ridge Road has been fully improved and continues to serve the practice’s needs for the foreseeable future.

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Contacts

broker

Adam Schindler

Location

Getting Around

  • Walk Score ®

    Very Walkable (72)
  • Bike Score ®

    Somewhat Bikeable (46)
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  • City Damascus, MD
  • Neighborhood Damascus
  • Zip Code 20872
  • Market Washington DC Suburban Maryland

Points of Interest

  • Germantown

    8.38 miles

  • Metropolitan Grove

    9.38 miles

  • Gaithersburg

    9.93 miles

  • Crown

    0.26 miles

  • Liberty

    0.28 miles

  • Tucker's Gas & Go

    0.34 miles

  • Safeway Fuel Station

    0.36 miles

  • Tuckers Gas & Go

    0.40 miles

  • Fast Fuels

    0.40 miles

  • Shell

    4.43 miles

  • Carroll Motor Fuels

    4.75 miles

  • Liberty

    5.06 miles

  • Exxon

    5.21 miles

  • Damascus HS Student Parking Lot

    0.09 miles

  • Hiking Trail Parking Lot - Bethesda Church Rd

    0.32 miles

  • Damascus Park and Ride

    0.42 miles

  • Burnt Hills Parking Area

    2.39 miles

  • Browning Run Parking Area

    3.61 miles

  • Kingsley Parking Area

    4.03 miles

  • Froggy Hollow Trail Head Parking

    4.12 miles

  • Wilson Mill Parking Area and Trail

    4.16 miles

  • Annapolis Rock Parking Area

    4.99 miles

  • Sopers Branch Day Use Parking

    5.26 miles

  • J & P's Pizza Restaurant

    0.06 miles

  • Little Far East II

    0.08 miles

  • Red Rooster

    0.26 miles

  • Burger King

    0.29 miles

  • Hornets nest

    0.36 miles

  • Subway

    0.37 miles

  • Maggi's Pizza and Subs

    0.39 miles

  • Papi's Chicken and Grill

    0.41 miles

  • Quincys Bar and grill

    0.43 miles

  • Quincy's Uptown Bar and Grill

    0.43 miles

  • Damascus Highschool

    0.13 miles

  • Damascus High School

    0.14 miles

  • Damascus Elementary School

    0.15 miles

  • Pleasent plains preschool

    0.46 miles

  • John T Baker Middle School

    0.94 miles

  • Clearspring Elementary School

    1.26 miles

  • Lois P Rockwell Elementary School

    1.97 miles

  • Woodfield Elementary School

    2.24 miles

  • Montgomery Methodist Children's Center

    2.58 miles

  • Cedar Grove Elementary School

    2.73 miles

  • Park Ridge Daycare

    3.51 miles

  • Mt. Airy Daycare and Learning Center

    6.64 miles

  • Kehilat Shalom Early Childhood Center

    6.84 miles

  • The Goddard School

    7.67 miles

  • KinderCare

    7.78 miles

  • Bright Eyes Child Care

    7.80 miles

  • Kiddie Academy of Urbana

    8.02 miles

  • Just-Us-Kids Child Care Center

    8.33 miles

  • Sunrise Early Learning Center

    9.83 miles

Contact Listing Broker

broker

Adam Schindler