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Highlights

  • Forest Green, 10039 Baltimore National Pike, offers 7,866 square feet of move-in-ready retail space with pylon and tenant signage opportunities.
  • High-identity address off US Highway 40 (Baltimore National Pike), providing exposure to approximately 54,000 vehicles per day on average.
  • Establish a presence in this charming retail center with eye-catching, modern architecture standing out among a cluster of co-traffic drivers.
  • Supported by affluent consumers as the average annual household income of $161,960 contributes to $2.1 billion in spending within a 5-mile radius.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste A
  • 7,866 SF
  • 3-5 Years
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
August 01, 2026

Contact broker for more details.

Space Size Term Rental Rate Rent Type
1st Floor, Ste A 7,866 SF 3-5 Years Upon Request Upon Request Upon Request Upon Request TBD

1st Floor, Ste A

Size
7,866 SF
Term
3-5 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
August 01, 2026

Contact broker for more details.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Tenants at Forest Green

  • Tenant
  • Description
  • Size
  • Move Date
  • US Locations
  • Reach
  • Glory Days Grill
  • Restaurant
  • -
  • 03/2016
  • 38
  • National
US Locations
Reach
38
National

Glory Days Grill began in Burke, Virginia, in 1996 as a sports-themed family restaurant founded by Richard Danker, Robert Garner, and Jeff Newman. The company operates as a full-service casual dining concept centered on fresh, made-in-house food, big-screen sports, and a family-friendly setting. Its menu features wings, burgers, salads, sandwiches, entrees, and desserts, while catering and banquet-style service support group meals and events. Glory Days Grill emphasizes community involvement and maintains a broad sports-bar atmosphere across its restaurant network.

  • Kiddie Academy
  • Daycare
  • -
  • 06/2015
  • 454
  • National
US Locations
Reach
454
National

Kiddie Academy began in 1981 when Pauline and George Miller built an educational child care brand around learning and care. The company operates a franchise system of early learning centers that serve infants, toddlers, preschoolers, and school-age children through full-day care, before- and after-school programs, and summer camp options. Kiddie Academy's Life Essentials curriculum centers on character, confidence, curiosity, connection, critical thinking, and creative expression, while also emphasizing health and safety practices at the center level. The brand has grown into a broad U.S. network of academies and remains family owned, with a business model focused on early childhood education and family care.

  • Woori America Bank
  • Bank
  • -
  • -
  • 31
  • National
US Locations
Reach
31
National

Woori Bank began in 1899 as Daehan Cheon-il Bank, a domestically funded institution that helped establish modern banking in Korea. The bank provides retail and corporate banking, foreign exchange, trade finance, wealth management, and digital banking services, including mobile and global online platforms for personal and business customers. Woori Bank operates as a core part of Woori Financial Group and maintains a broad market presence through domestic and overseas banking services.

  • Massage Envy
  • Massage
  • -
  • -
  • 1,242
  • National
US Locations
Reach
1,242
National

Massage Envy is a U.S.-based wellness franchise that provides massage therapy, assisted stretch, and skin care services through a network of franchised locations. Founded in 2002, the company was established on the principle that regular massage and skin care are essential components of overall wellness rather than luxury services. Headquartered in Scottsdale, Arizona, Massage Envy operates across 49 states, making it one of the largest providers of therapeutic massage and related services in the country. The brand emphasizes accessibility and consistency in delivering wellness solutions, offering membership-based programs to encourage routine care. Over the years, Massage Envy has expanded its offerings to include advanced skin care treatments and customized wellness plans. The company is privately held and continues to focus on integrating massage and skin care into everyday health practices.

  • Bliss Nails & Spa
  • Salon/Barber/Spa
  • -
  • 02/2019
  • 56
  • International
US Locations
Reach
56
International

Bliss Nails & Spa is a nail and spa salon in Hickory, North Carolina, focused on manicure and pedicure services for local clients in the 28602 area. The business offers dipping services, kid services, waxing, eyelash extensions, eyelash tinting, and lash lift options, creating a broad personal-care offering around nails and beauty treatments. Since opening, the salon has emphasized customer safety, sanitation, and satisfaction, with reusable tools cleaned and disinfected and disposable items used where appropriate. The salon provides relaxed service and appointment-based visits, with services built for routine maintenance as well as special occasion grooming.

  • WooRi Jib
  • Restaurant
  • -
  • 02/2019
  • 1
  • Local
US Locations
Reach
1
Local

WooRi Jib is a Korean restaurant serving diners in Ellicott City with dine-in and takeout service. The menu includes rice dishes, short ribs, tonkatsu, dumplings, pancakes, noodles, and other Korean favorites, along with catering and reservation-related contact options. The company operates from a Baltimore National Pike location and keeps its service focused on casual Korean dining for local guests and pickup orders.

  • Soft Stuff
  • Ice Cream
  • -
  • 08/2014
  • 2
  • Local
  • Allstate
  • Insurance
  • -
  • -
  • 16,776
  • International
US Locations
Reach
16,776
International

Allstate began in 1931 as an insurance business launched by Sears, Roebuck and Co., and its early operations relied on mail-order auto coverage. Over time, the company expanded beyond auto insurance into home, renters, condo, motorcycle, boat, RV, life, business, identity protection, phone protection, retirement, and investment planning. Today, Allstate serves customers through digital self-service tools, local agents, and a broad set of protection products for vehicles, homes, families, and small businesses.

Tenant Description Size Move Date US Locations Reach
Glory Days Grill Restaurant - 03/2016 38 National
Kiddie Academy Daycare - 06/2015 454 National
Woori America Bank Bank - - 31 National
Massage Envy Massage - - 1,242 National
Bliss Nails & Spa Salon/Barber/Spa - 02/2019 56 International
WooRi Jib Restaurant - 02/2019 1 Local
Soft Stuff Ice Cream - 08/2014 2 Local
Allstate Insurance - - 16,776 International

Property Facts

Total Space Available 7,866 SF
Property Type Retail
Gross Leasable Area 53,968 SF
Year Built 2014
Parking Ratio 0.28/1,000 SF

About the Property

Nestle a business in this high-income pocket of Ellicott City with a premier retail space at Forest Green. Forest Green is a charming center forming an upscale presence of suburban-style accents and stately brick construction along Baltimore National Pike. Tenant and pylon signage opportunities await to maximize consumer exposure with traffic counts exceeding 53,000 vehicles per day on average. New businesses will be joining a robust mix of several casual eateries, quick-service restaurants (QSR), professional services, and offices. Situated near a major corner, a dense mix of surrounding businesses has organically created a mixed-use commercial node where tenants thrive off each other’s success. As a crucial commuter corridor, Baltimore National Pike is a primary artery for thousands of affluent professionals and families. Wealth is especially concentrated around Forest Green as the approximately 10,000 households within a 2-mile radius report an average income of $201,807. Secure an exclusive position in this sought-after retail hub by leasing at Forest Green today. Get in touch.

  • Bus Line
  • Pylon Sign
  • Signage
  • Air Conditioning

Marketing Brochure

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
60/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
8,903
59,652
138,607
2030 Population
9,000
60,613
140,362
2025-2030 Projected Population Growth
1.1%
1.6%
1.3%
Median Age
44.6
43.2
42.4
College Degree + Higher
68%
65%
62%
Daytime Employees
3,164
22,633
66,753
Total Businesses
524
2,985
8,439
Average Household Income
$207,131
$173,914
$161,960
Median Household Income
$191,812
$155,246
$136,490
Total Consumer Spending
$148.2M
$916.6M
$2.1B
2025 Households
2,973
21,038
51,700
Average Home Value
$718,203
$705,453
$646,493

About Ellicott City

Spanning the northernmost neighborhoods of Howard County, Ellicott City is often seen as the cornerstone of the county’s history. From the quaintness of Old Ellicott City to an evolving commercial landscape along Baltimore National Pike (aka Route 40), buttressed by single-family strongholds via Marriottsville and Dorsey’s Search, Ellicott City offers a comprehensive atmosphere that is typically sought after by commercial tenants across various industries.

From a geographic perspective, Ellicott City offers quick commutes to Baltimore County, Carroll County, Howard County, and the City of Baltimore. There are several highly trafficked roadways, including Interstate 70, Route 29, and Route 40, and commercial real estate here is heavily concentrated along the latter two. That provides separation between the quiet, family-driven communities spread throughout, and the lively thoroughfares packed with daily commuters.

As with most of Howard County, household incomes in Ellicott City easily exceed most parts of the Baltimore metropolitan area. More disposable income is critical for retail expenditures, and while the area doesn’t have a significant amount of higher-end shopping, there are pockets and sectors that will benefit, specifically the remaining niche operators in Old Ellicott City or the more expensive fast-casual chains on Route 40. In conjunction, buying power also exceeds norms in the Baltimore metro, as household density among high earners is most prevalent in and around the Old Ellicott City and Dorsey’s Search areas.

Nearby Amenities

Restaurants

Zen Garden Japanese - 0 min walk
River House Pizza Co. Pizza $ 0 min walk
Cafe June - - 0 min walk
Hot Pot Hero American $$$ 4 min walk
Arby's - - 6 min walk
Beef Brothers Deli $$ 7 min walk
The White Oak Tavern American $$ 8 min walk
Galaxy Restaurant Cafe - 14 min walk

Retail

United Dental Group MD/DDS 0 min walk
Kiddie Academy Daycare 0 min walk
Quest Fitness Fitness 4 min walk
Petco Animal Care/Groom 3 min walk
J J Golf Studio Sporting Goods 4 min walk
Walgreens Drug Store 5 min walk
Safeway Supermarket 6 min walk

Hotels

Hampton by Hilton
83 rooms
10 min drive
Ramada
141 rooms
12 min drive
Hilton Garden Inn
98 rooms
14 min drive
Holiday Inn Express
133 rooms
14 min drive
Autograph Collection
212 rooms
13 min drive

Leasing Team

Leasing Team

Donald Reuwer, President/Owner
Don Reuwer has been the President of Waverly Real Estate Group since its establishment and has since maintained daily, hands-on control of its activities. The Waverly Real Estate Group is a privately held regional, full-service real estate company headquartered in Ellicott City, Maryland.  Mr. Reuwer specializes in creating quality land development projects and represents major commercial/retail property owners in premier locations. He provides expertise, volume lot purchasing, and day to day management that results in the best project and the highest project returns. Don received his Bachelor of Arts Degree, University of Maryland, in 1971.

About the Owner

Read More
  • Listing ID: 39507744

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 10039 Baltimore National Pike, Ellicott City, MD 21042

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