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250 West Chase Street

Eagle Physical Therapy & Rehabilitation Acquires Office Building In Baltimore For $1.85M
SOLDOffice

Eagle Physical Therapy & Rehabilitation Acquires Office Building In Baltimore For $1.85M

250 West Chase Street

$1,850,000

$166/SF

Building Size

11,113 SF

Asset Type

Office

Closing

Oct 20, 2025

AI

The property asset involved in this transaction is an office building located at 250 West Chase Street in Baltimore, MD. The sale was finalized on October 20, 2025, for a total amount of $1,850,000. The building encompasses a total area of 11,113 square feet, translating to a price per square foot of $166.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,850,000
  • Sale Date: 10/20/2025
  • Buyer: Eagle Physical Therapy & Rehabilitation
  • Seller: West Chase 250, LLC
  • Buyer's Representative: Jim Grieves - MacKenzie Commercial Real Estate Services
  • Seller's Representatives: Matt Copeland & Michael Ginsburg - KLNB
  • Square Footage: 11,113
  • Price Per Square Foot: $166

Eagle Physical Therapy & Rehabilitation acquired the building from West Chase 250, LLC, with representation from Jim Grieves, while the sellers were supported by Matt Copeland and Michael Ginsburg. This transaction signifies a decisive investment within the Mount Vernon market of Baltimore.

Players

Matt Copeland

KLNB

Broker

$1.9M

vol

3 deals

Broker
KLNB
KLNBBrokerage

Baltimore Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93