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Chesapeake Professional Center 1300 Ritchie Hwy 11,872 SF 90% Leased Office Building Arnold, MD 21012 $4,000,000 ($336.93/SF)



INVESTMENT HIGHLIGHTS
- 8.17 acres with access to Richie Hwy and backs up to B&A Blvd
- Major renovations needed internally
- Currently zoned R-1 with non-conforming use for medical office
- Some of the highest valued real estate in Anne Arundel County
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Courtyard
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Annapolis Acupuncture
- Health Care and Social Assistance
- -
- -
- -
Farmers Insurance is a reciprocally structured insurance group co-founded in 1928 and headquartered in Woodland Hills, California. It delivers a diverse range of personal and commercial insurance solutions, including auto, homeowners, life, business, and specialty coverages. Farmers operates through the Farmers Insurance Exchange and associated reciprocal exchanges, with management services provided by Farmers Group, Inc., a subsidiary of Zurich Insurance Group. As a privately held reciprocal group, it serves millions of policyholders via a network of exclusive and independent agents. The company has evolved through strategic acquisitions, including Bristol West and 21st Century, and has been publicly recognized in industry rankings for agency distribution growth.
- Maryland Disc Institute Arnold LLC
- Professional, Scientific, and Technical Services
- -
- -
- -
With a 95% satisfaction rate, New Day Vitality patients are experiencing new beginnings! Natural bio-identical hormone replacement with pellet therapy can make the difference between feeling and acting old and living a strong and vital life! Data supports that hormone replacement therapy (with pellet implants) is the most effective and most bio-identical method to deliver hormones in both men and women. Implants, placed under the skin in your hip area, consistently release small, physiologic doses of hormones which provide optimal therapy.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Annapolis Acupuncture | Health Care and Social Assistance | - | - | - | ||
|
Finance and Insurance | - | - | - | ||
| Maryland Disc Institute Arnold LLC | Professional, Scientific, and Technical Services | - | - | - | ||
|
Health Care and Social Assistance | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste Suite B
- 1,200 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste Suite B | 1,200 SF | Office | - | Now |
1st Fl-Ste Suite B
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 03-000-21110808 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,381,133 |
PROPERTY TAXES
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Chesapeake Professional Center | 1300 Ritchie Hwy
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