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Magothy Medical Professional Center Located at the Chesapeake Health Park

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Magothy Medical Professional Center Located at the Chesapeake Health Park New Building Ownership! Very well capitalized and ready to lease the last vacant space! 2,123 SF - 4,245 SF Available For Lease | $24.50/psf Magothy Medical professional Center Located at the Chesapeake Health Park 18 MAGOTHY BEACH ROAD | PASADENA, MD Dominant Medical Office Very strong mix of Medical businesses and medical-related traffic within close proximity. All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Magothy Medical Professional Center 18 Magothy Beach Road | Pasadena, MD Located immediately adjacent to the Maryland Primary Care, YMCA, CVS, Greene Turtle & many other medical uses and retailers. This 10,000 SF medical office building offers high visibility and easy access from Mountain Rd, Rte. 100, and Magothy Beach Rd. This project is surrounded by dense residential communities and the market’s dominant grocery anchored shopping centers. FEATURES / AVAILABLE SPACE: 2,123 SF - 4,245 SF (Warm Shell) TIA: Negotiable Building + Pylon Signage available Within walking distance to many nearby shops and lunch/dinner options. Major Commercial Corridor in Pasadena MD Easy Access to Mountain Rd/Rt. 100 All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Magothy medical Professional Center Overview CURRENT TENANT OVERVIEW ANNAPOLIS OBGYN Annapolis OBGYN is the anchor tenant in this building. They merged with Anne Arundel Medical Group (AAMG) in 2017. AAMG is one of Maryland’s largest multi-specialty practice groups, providing an array of healthcare services including primary care, women’s health, and specialty care. Annapolis OBGYN has four locations in the Maryland area including Annapolis at the Hospital, Kent Island, and Waugh Chapel. ANNAPOLIS RHEUMATOLOGY Annapolis Rheumatology is a single-specialty medical practice specializing in the treatment of different types of arthritis, systemic autoimmune disorders and osteoporosis. They have offices in Annapolis, Bel Air, Clarksville, Owings Mills and Pasadena in Maryland and also Fairfax, Virginia. All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Magothy medical Professional center floor plans TEST FIT #1 4,245 SF All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Magothy medical Professional Center floor plans TEST FIT #2 2 TENANT PLAN 2,123 SF - 4,245 SF All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Magothy medical Professional Center area Wells Fargo Overview Pasadena Dental USPS Giant Mountain Road Wise Care Dunkin 12,441 Cars / Day Urgent Care Safeway Lab Corp Goddard School Route 100 Oceanside 25,862 Cars / Day Magothy Medical Dispensary 18 Magothy Beach Rd. Maryland Primary Care Physicians CVS The Greene Turtle YMCA Chesapeake Health Park All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Route 100 Magothy medical Professional Center Mountain Road area Description SERVES WATER-ORIENTED NEIGHBORHOOD Magothy Medical Professional Center is located off of Magothy Beach Road between Mountain Road (Maryland Route 177) and Maryland Route 100 in Pasadena, Anne Arundel County, MD. The area is highly desirable due to its water orientation. The Patapsco River merges into Chesapeake Bay just north of the property’s immediate neighborhood. Residential development can be found on 23 min all sides of the building. Most of the dense development is situated north of the property closer to the water. The neighborhoods with direct access to the water feature some house prices of well over $1 million. 20 min ACCESS FROM TWO MAJOR ROADS Magothy Beach Road intersects two major commuter routes, Mountain Road and Maryland Route 100, less than a quarter mile from the property. Mountain 24 min Road (12,441 vehicle ADT), is a major commercial artery that houses a variety of 50 min uses including single family homes, shopping centers, service stations and various commercial and service facilities. Maryland Route 100 is the primary connector route traveling in a east/west direction and provides access to Crain Highway, 1-97 and I-95. These two routes, Mountain Road and Maryland Route 100 intersect with Ritchie Highway (Maryland Route 2) , a major north/south commercial corridor between Baltimore and Annapolis approximately three miles west of the property. SURROUNDING RETAIL DEVELOPMENT The property is ideally located within the retail trade area that serves the majority of Pasadena Peninsula. The immediate environs generally consist of retail and service related properties including two grocery anchored neighborhood centers. This concentration of retail and destination locations provide tenants several shopping and restaurant options within a short walking distance. All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Route 100 Magothy medical Professional Center Magothy Beach Rd. Consumer spending/ Demographics Consumer Spending Details 2020 RADIUS 2 MILE 5 MILE 10 MILE Total Spending Avg Household Per Capita Total Spending Avg Household Per Capita Total Spending Avg Household Per Capita Apparel $18,752,193 $1,872 $654 $89,525,656 $1,906 $685 $257,597,254 $1,760 $651 Entertainment, Hobbies & Pets $51,315,380 $5,122 $1,789 $246,812,916 $5,255 $1,890 $700,542,696 $4,786 $1,769 Food & Alcohol $82,749,400 $8,260 $2,884 $394,510,956 $8,400 $3.021 $1,136,865,488 $7,767 $2,872 Household $49,285,244 $4,920 $1,718 $246,591,433 $5,250 $1,888 $675,711,554 $4,617 $1,707 Transportation & Maintenance $84,212,212 $8,406 $2,935 $403,468,695 $8,591 $3,089 $1,125,627,464 $7,691 $2,843 Health Care $17,738,710 $1,771 $618 $84,679,872 $1,803 $648 $237,720,872 $1,624 $600 Medical Services $9,684,338 $967 $338 $46,796,606 $996 $358 $129,523,072 $885 $327 Medical Supplies $1,582,800 $158 $55 $7,678,430 $163 $59 $22,059,869 $151 $56 Prescription Drugs $6,471,572 $646 $226 $30,204,836 $643 $231 $86,137,931 $589 $218 Education & Daycare $21,799,300 $2,176 $760 $113,884,451 $2,425 $872 $309,882,662 $2,117 $783 Total Specific Consumer Spending $325,852,439 $32,527 $11,358 $1,579,473,979 $33,630 $12,093 $4,443,947,990 $30,363 $11,225 All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Magothy medical Professional Center demographics All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. Strong Submarket Demand for Magothy medical Professional Center Specialty Health Specialty Services Healthcare Demand Implied Doctor Gap | Demographics The implied doc gap is calculated by subtracting the number of providers from the implied demand of providers. The implied demand is calculated by dividing the local population by the ratio of national population to providers for each specialty. The 3 mile population for this location is 60,338. Specialty Doc Count Docs Per 10k ppl Docs per 10k Natl Implied Doc Demand Implied Doc Gap Allergy & Immunology 0 0.0 0.16 0.9 0.9 Anesthesiology 3 0.5 1.66 10.0 7.0 Cardiology & Vascular 0 0.0 0.91 5.5 5.5 Critical Care 0 0.0 0.23 1.4 1.4 Dental 22 3.6 7.76 46.8 24.8 Dermatology 0 0.0 0.42 2.6 2.6 Emergency Medicine 1 0.2 1.77 10.7 9.7 Endocrinology & Diabetes 0 0.0 0.23 1.4 1.4 Family Medicine 3 0.5 4.74 28.6 25.6 Gastroenterology 0 0.0 0.47 2.9 2.9 Geriatrics 0 0.0 0.16 1.0 1.0 Hematology 0 0.0 0.37 2.2 2.2 Hospice & Palliative 0 0.0 0.03 0.2 0.2 Hospitalist 1 0.2 0.38 2.3 1.3 Infectious Diseases 0 0.0 0.26 1.5 1.5 Internal Medicine 18 3.0 5.01 30.2 12.2 Medical Genetics 0 0.0 0.04 0.2 0.2 Nuclear Medicine 0 0.0 0.07 0.4 0.4 Obstetrics & Gynecology 2 0.3 1.52 9.2 7.2 Source and Copyright: Revista. Data believed to be accurate but not guaranteed and is subject to future revision. Use of this data is permitted subject to terms and conditions detailed on revistamed.com/terms-of-use and with proper credit to Revista or Revistamed.com. All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents.
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