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
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