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Aerospace Building 10210 Greenbelt Rd 147,661 SF 59% Leased 4-Star Office Building Lanham, MD 20706 $4,500,000 ($30.48/SF)

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INVESTMENT HIGHLIGHTS

  • 10210 Greenbelt Road offers the opportunity to own your own headquarters for less than the cost of leasing.
  • Signage/branding potential on a major corridor visible to 26,500 cars per day, flexible zoning allows retail and office occupancy.
  • Since 2016, over $1 million has been invested in CapEx, ranging from updated LED lighting to the recent no-touch tenant directory screen.
  • Ability to occupy up to 85,000 square feet of professional space immediately that is move-in-ready; partial or full building occupancy.
  • Large parking ratio and easy commuter access to NASA Goddard, DC, and surrounding areas, supporting commuting tenants and metro accessibility.
  • Prime divisible ground-floor retail space with Greenbelt Road and Forbes Boulevard corner exposure; drive-thru potential.

EXECUTIVE SUMMARY

NAI KLNB is pleased to present the rare investment opportunity in Greenbelt’s Federal Innovation Corridor at the Aerospace Building at 10210 Greenbelt Road.

10210 Greenbelt Road is at the center of a high-growth federal submarket, benefiting from NASA’s expansion. Demand from government contractors, tech firms, and research institutions is accelerating, making this a prime investment opportunity. Major tenants in the building include Scientific Systems & Applications, Inc. and Vantage Systems, Inc. Owning this property could effectively reduce your occupancy cost to zero – rental income from existing tenants covers operating expenses, allowing a new user to occupy 85,000 square feet without paying rent.

The Aerospace Building is well-located with easy access to both the Capital Beltway (Interstate 495) and the Baltimore-Washington Parkway (Interstate 295), and is within half a mile of NASA's Goddard Space Flight Center. Ronald Reagan Washington National Airport is 19 miles southwest, while Baltimore/ Washington International is 21 miles northeast.? Surrounded by a growing residential community, Greenbelt continues to position itself as an attractive area for tenants seeking affordable office space with easy access to government clients and transportation corridors. Greenbelt also benefits from its proximity to a range of amenities, including retail, dining, and healthcare facilities, which enhances its appeal to both tenants and employees.

The Aerospace building represents an excellent investment opportunity, offering strong current cash flow and significant upside potential. It is ideally located within a key market for businesses seeking accessibility, cost efficiency, and proximity to major federal agencies.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
147,661 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1971/2000
Price
$4,500,000
Price Per SF
$30.48
Percent Leased
59%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
16,407 SF
Slab To Slab
10’
Building FAR
0.68
Lot Size
5.00 AC
Zoning
IE - IE (Industrial Employmet) Permits a wide variety of retail, residential, industrial, storage, automotive, and others, by-right
Parking
374 Spaces (2.53 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Central Heating
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 110
  • 3,455-5,395 SF
  • Office
  • -
  • Now
  • 2nd Floor
  • 16,000 SF
  • Office/Medical
  • -
  • Now
  • 3rd Fl-Ste 300
  • 3,960 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 305
  • 1,555 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 310
  • 2,497 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 320
  • 8,825 SF
  • Office/Medical
  • Full Build-Out
  • Now
  • 7th Fl-Ste 770
  • 5,735 SF
  • Office
  • -
  • Now
  • 9th Fl-Ste 900
  • 6,322 SF
  • Office
  • Full Build-Out
  • Now

Class-B Medical/Office/Retail space available, Renovated in 2000 with high-end finishes, Impressive and contemporary marble lobby, upgraded lighting, & tenant lounge Move-in ready and build to suit suites, Electronic keycard access Abundant parking - 522 free surface spaces, Full-time building engineer on-site Enhanced visibility from Route 193, Building & monument signage Spectacular view & large windows, Conference Meeting Area Close to Goddard Space Center, Shopping and Restaurants

  • 9th Fl-Ste 950
  • 8,667 SF
  • Office
  • -
  • Now
  • 9th Fl-Ste 960
  • 1,848 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 110 3,455-5,395 SF Office - Now
2nd Floor 16,000 SF Office/Medical - Now
3rd Fl-Ste 300 3,960 SF Office - Now
3rd Fl-Ste 305 1,555 SF Office - Now
3rd Fl-Ste 310 2,497 SF Office - Now
3rd Fl-Ste 320 8,825 SF Office/Medical Full Build-Out Now
7th Fl-Ste 770 5,735 SF Office - Now
9th Fl-Ste 900 6,322 SF Office Full Build-Out Now
9th Fl-Ste 950 8,667 SF Office - Now
9th Fl-Ste 960 1,848 SF Office - Now

1st Fl-Ste 110

Size
3,455-5,395 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
16,000 SF
Space Use
Office/Medical
Condition
-
Available
Now

3rd Fl-Ste 300

Size
3,960 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 305

Size
1,555 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 310

Size
2,497 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 320

Size
8,825 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

7th Fl-Ste 770

Size
5,735 SF
Space Use
Office
Condition
-
Available
Now

9th Fl-Ste 900

Size
6,322 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

9th Fl-Ste 950

Size
8,667 SF
Space Use
Office
Condition
-
Available
Now

9th Fl-Ste 960

Size
1,848 SF
Space Use
Office
Condition
-
Available
Now

9th Fl-Ste 900

Size 6,322 SF
Space Use Office
Condition Full Build-Out
Available Now

Class-B Medical/Office/Retail space available, Renovated in 2000 with high-end finishes, Impressive and contemporary marble lobby, upgraded lighting, & tenant lounge Move-in ready and build to suit suites, Electronic keycard access Abundant parking - 522 free surface spaces, Full-time building engineer on-site Enhanced visibility from Route 193, Building & monument signage Spectacular view & large windows, Conference Meeting Area Close to Goddard Space Center, Shopping and Restaurants

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
10,827
69,572
189,738
2024 Population
11,261
67,640
185,264
Population Growth '20-'24
4.0%
-2.8%
-2.4%
2020 Households
3,584
22,944
61,961
2024 Households
3,741
22,228
60,429
Household Growth '20-'24
4.4%
-3.1%
-2.5%
Average Age
38
41
39
Median Household Income
$97,473
$104,709
$104,701
Daytime Employees
3,926
42,045
75,287
Total Businesses
515
4,367
8,305
College Degree + Higher
42%
38%
39%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-5509278
Land Assessment
$5,448,600
Improvements Assessment
$6,599,200
Total Assessment
$12,047,800
  • Listing ID: 35508103

  • Date on Market: 4/16/2025

  • Last Updated:

  • Address: 10210 Greenbelt Rd, Lanham, MD 20706

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