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7.4% CAP -Investment "The Setton Business Park"
Mount Hope Drive, Baltimore, MD 21215
63,000 SF | Office
Office Property - Off Market
- Building Size:
- 63,000 SF
- Property Type:
- Property Sub-type:
- Office Building
- Property Use Type:
- Commission Split:
- Cap Rate:
- Lot Size:
- 5.90 AC
- Listing ID
- Last Updated
- over 1 year ago
The building at 4601 / 4701 Mount Hope Drive was constructed in 1988 and is located on 5.9 acres and contains approximately 62,610 square feet.
The building' s layout can accommodate several tenants in the current configuration or divide the spaces to smaller bays. The building has 180 parking spaces to accommodate both large and small office / flex tenants and is currently equipped with 10 utility meters servicing the property. The building enjoys 100% occupancy with projected long term growth. Currently the building is leased approximately 95% to office tenants and 5% flex/office tenants.
- New Roof,
- Interior height - 16"
- Existing Mortgahe is $4,056,636
4601 and 4701 Mount Hope Drive
Baltimore City, Maryland 21215
LOCATION: The Seton Business Park is conveniently located within Baltimore City near the Northeast Baltimore City/County Line. The Park is bounded to the Southeast by Northern Parkway, to the Southwest by Liberty Road, and to the North by Reisterstown Road. These major thoroughfares connect this area to Interstate 83 and Interstate 695 and provide for easy commuter access.
Map of Mount Hope Drive, Baltimore, MD 21215 (Baltimore City County)
Research for Mount Hope Drive, Baltimore, MD 21215 (Baltimore City County)
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO