Classic Auction - Office

Old Line Professional Center

12070 Old Line Center Road, Waldorf, MD 20602

ClosedNovember 19th, 2019
This asset was part of the October 17th, 2019 sale event, resulting in a successful transaction that closed in just 33 days.

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  • Asset Type
  • Real Estate
  • Property Type
  • Office
  • Land Area
  • 4.93 Acres
  • Year Built
  • 1990
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Parking Count
  • 271
  • Occupancy
  • 71.20%
  • Occupancy as of
  • Aug 01, 2019
  • Office Type
  • Medical Office
  • Property Size
  • 76,017 Sq Ft

Old Line Professional Center


Washington, D.C. MSA - Value Add - Medical Office Building



Affluent Area – Waldorf, Maryland has well above average demographics due to its strategic location near Washington, D.C., the nation’s capital.

Preferred Property Type – Medical office is a preferred property type in today’s capital market environment.

Lease to Market – Old Line Professional Center is 71.2% leased whereas the overall market is 95.4% leased, providing significant upside to lease to market.

In Place Cash Flow – The Property currently generates in-place net operating income of approximately $800k with the opportunity to increase cash-flows as the Property is stabilized.


Newmark Knight Frank (“NKF”) in conjunction with RealINSIGHT Marketplace is exclusively presenting for sale the Old Line Professional Center (the “Property”) in Waldorf Maryland, just outside of Washington, D.C. The 76,017 square foot medical office building was built in 1990 and is currently 71.2% leased to ten tenants.

The three-story medical office building (“MOB”) is well located in Southern Maryland, approximately 23 miles southeast of Washington, D.C.  Old Line Professional Center benefits from its strategic location near MD 301, the main north-south corridor in Southern Maryland (in Charles County).  MD 301 provides direct accessibility to Interstate 495 (Capital Beltway), the major highway that surrounds Washington, D.C. and the inner suburbs of Maryland and Virginia.  Charles County is a desirable bedroom community of Washington, D.C. (the Nation’s Capital) with strong demographics  This compelling value add play allows a well-capitalized investor to lease to market (95.4%) and drive existing rents with capital improvements.


CWCapital Markets and Capital Slack are pleased to offer Seller Approved Financing Options for Old Line Professional Center



More Lender Engagement in Less Time.  That is the Power of Capital Slack


Advantages of engaging Capital Slack:

  1. More time to close
  2. Better property access for your lender and their consultants
  3. Lower threshold for proof of funds if pre-qualified ahead of auction – contact us now!

Bidders receive unparalleled access to the most competitive lenders in the market. Our proprietary platform quickly solicits customized lender quotes ahead of the auction bid date.

Capital Slack has already begun to gather market interest in financing the upcoming acquisition. For all leverage levels and business plans, we will locate the best terms in the marketplace. Capital Slack also achieves better terms from your existing lending relationships by establishing a structured competition that ensures consistent information amongst all prospective lenders.

How do you receive these benefits?

  1. Contact the Debt Placement Broker (now)
  2. Complete Finance Pre-Screening (before auction)
  3. Complete Debt Placement Agreement (before auction)
  4. Complete Bid Registration Process (before auction)
  5. Win Auction
  6. Fulfill lender checklist
  7. Close Loan

Reach out to matt@capitalslack.com or mike@capitalslack.com for early access to our lender network. We will take the time to understand your asset strategy and match you with aggressive and personalized loan options. 


Matt Bertram                                                    Mike Wieden

Founder & CEO                                                 Managing Director

Capital Slack                                                      Capital Slack

matt@capitalslack.com                                mike@capitalslack.com

404-797-0459                                                     312-405-1211

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

ClosedNovember 19th, 2019
This asset was part of the October 17th, 2019 sale event, resulting in a successful transaction that closed in just 33 days.

Ready to sell your asset on the platform with the highest trade rate in the industry?
Get Started Today!

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.


  • Lamar P. Fisher

    Fisher Auction Company Inc.