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Wilson Building LLC Purchases Office Property In Glen Burnie For $1.425M With Brokers Hyatt Commercial And Rosso Commercial

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SOLD
$1,425,000

Maryland

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Office
Sold 07/18/2025
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Property Image
SOLD

Wilson Building LLC Purchases Office Property In Glen Burnie For $1.425M With Brokers Hyatt Commercial And Rosso Commercial

7452 Baltimore Annapolis Boulevard

See Similar Deals
Office
Sold 07/18/2025
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Summary

MARYLAND
Asset Type:Office
Transaction Type:Sale

The property asset involved in the transaction is located at 7452 Baltimore Annapolis Boulevard in Glen Burnie, MD. It is classified as an office asset and has a sale price of $1,425,000. The building is noted for being well-maintained and currently houses six tenants, providing long-term growth potential in the market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,425,000
  • Address: 7452 Baltimore Annapolis Boulevard
  • Market: Glen Burnie, MD
  • Buyer: Wilson Building LLC
  • Buyer's Representative: Cecil Cummins & Eric Pinkett - Hyatt Commercial
  • Broker: Ryan Brassel - Rosso Commercial Real Estate Services

This transaction highlights the role of Hyatt Commercial in facilitating the sale, contributing to ongoing investment in Glen Burnie’s revitalization corridor. The Wilson Building’s location across from AACC ensures strong visibility, making it a strategic addition to the buyer's portfolio.

Players

Cecil Cummins
8 deals$51.4M volume(410) 260-6536
BROKER

Eric Pinkett
Hyatt Commercial
7 deals$48.7M volume(410) 260-6551
BROKER

Ryan Brassel
Rosso Commercial Real Estate Services
2 deals$5.1M volume(410) 507-3144
BROKER

Hyatt Commercial
BROKERAGE

Details

SOLD
IMAGE: 07/18/2025 ADDRESS: 7452 Baltimore Annapolis Boulevard MARKET: Glen Burnie, MD ASSET TYPE: Office BUYER: Wilson Building LLC BUYER'S REP: Cecil Cummins & Eric Pinkett - Hyatt Commercial BROKER: Ryan Brassel - Rosso Commercial Real Estate Services SALE PRICE: $1,425,000 NOTE: Hyatt Commercial facilitated the $1.425M sale of the historic Wilson Building in Glen Burnie, a well-maintained property with six tenants and long-term growth potential. The deal underscores ongoing investment in Glen Burnie’s revitalization corridor, with the building positioned across from AACC and offering strong visibility.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$76,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,062.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,755.23
Annual Debt Service$81,062.72