Office Space For Lease @ 940 Madison Ave.

Brexton Commercial is pleased to exclusively represent the owner in the sale of the Madison Executive Center at 940 Madison Avenue in Baltimore, MD. The Madison Executive Center brings to the market an exceptional investment that provides a rare shelter to the negative forces of Covid-19 and recessionary national markets. Tenants such as FEI.com, LLC, Parker Psychiatric Services, and Dynamic Health Systems are medical companies, the likes of which have had demand remain historically strong through down markets. The balance of the tenants and additional income streams offers further diversity to help an investor hedge their risk. The investment can achieve an attractive pro-forma cap rate of 8.26%. The upside in the deal can be captured by leasing the 2,195 SF vacancy, re-leasing the 8,000 SF DLLR space, as well as stabilizing and increasing the parking revenue. Lastly, the property is arguably the only class A office building in this state government agency hub, which provides investors a competitive advantage and little competition to other buildings. This space offers accomodations for: medical.