Wilson Building LLC Purchases Office Property In Glen Burnie For $1.425M With Brokers Hyatt Commercial And Rosso Commercial
7452 Baltimore Annapolis Boulevard
$1,425,000
Building Size
—
Asset Type
Office
Closing
Jul 18, 2025
AI
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
Glen Burnie 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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93