Office Space For Lease @ 12 E Eager St

Brexton Commercial is pleased to exclusively represent the ownership in the sale of 12 E Eager St. located in Baltimore, Maryland. This rare investment opportunity brings to the market a fully renovated, historically significant, single-tenant net leased office building in the heart of the desirable Mt. Vernon neighborhood.

The property was gut renovated in renovated in 2019, and has brand new roof, mechanical, electrical, and plumbing systems and features a 2-car garage at the rear. The building also has a finished lower level with a separate entrance at the rear.

The current use is as a 16-bed residential care facility, with funding from the federal government and insurance companies. The tenant recently extended their lease for an additional 7-years at absolute triple-net terms, further signaling a commitment to the property and the health of their business. The lease features 3% annual increases throughout the term. The service-oriented and amazon-proof nature of the tenant's business provides investors with a hedge against E-commerce and other headwinds affecting the wider commercial real estate and retail markets. This space offers accomodations for: office building.