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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
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- -
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Farmers Insurance began in 1928 with a focus on insuring the vehicles of rural farmers and ranchers, then expanded into a broad insurance business serving households and businesses across the United States. The company offers coverage for home, auto, life, business, recreational vehicles, and other specialty needs, and also provides financial products through multiple companies, brands, and distribution channels. Farmers Insurance reaches customers through a network of exclusive agencies, independent agents, and direct sales channels, while business insurance spans property, liability, crime, and industry-specific coverage options.
- Maryland Disc Institute Arnold LLC
- Professional, Scientific, and Technical Services
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- -
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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
- Build-Out
- Available
Unrivalled parcel of land with direct access along Ritchie Hwy, one of Anne Arundel Counties busiest roadways and connecting back the Baltimore Annapolis Blvd, 1300 Ritchie Hwy is one of the largest, single parceled land remaining on Ritchie Hwy. Historically holding a sanctuary of secluded office space, the land is prime for a modernization or complete development.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Suite B | 1,200 SF | Office | Partial Build-Out | Now |
1st Fl-Ste Suite B
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste Suite B
| Size | 1,200 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Unrivalled parcel of land with direct access along Ritchie Hwy, one of Anne Arundel Counties busiest roadways and connecting back the Baltimore Annapolis Blvd, 1300 Ritchie Hwy is one of the largest, single parceled land remaining on Ritchie Hwy. Historically holding a sanctuary of secluded office space, the land is prime for a modernization or complete development.
Property Taxes
| Parcel Number | 03-000-21110808 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,381,133 |
