1750 Forest Dr | Annapolis, MD 21401
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- LoopNet Team
1750 Forest Dr
Annapolis, MD 21401
1750 Forest · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 120,750 RSF Trophy Office | Class A landmark asset with transformative $20M+ redevelopment.
- Stabilized Cash Flow | 76% leased with 6.9-year WALT, NOI available with details in the deal room once a CA is signed
- Premium Amenities | WiFi café, food trucks, tenant showers, bike-friendly property, digital lobby kiosk.
- Strong Tenant Mix | 10 tenants including 3 U.S. government agencies and 3 medical users.
- Value-Add Upside | 28,578 RSF of leasable vacancy in a submarket with just 7.6% vacancy.
- Prime Annapolis Location | Direct Forest Drive frontage with walkable access to top retail, dining, and services.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
120,750 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1982/2019
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
90,000 SF
Building FAR
0.34
Lot Size
8.19 AC
Zoning
PM 2 - PM2- City of Annapolis
Parking
420 Spaces (3.48 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Food Court
- Food Service
- Property Manager on Site
- Security System
- Signage
- Skylights
- Monument Signage
- Outdoor Seating
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 06-000-07674002 | Improvements Assessment | $7,482,100 |
| Land Assessment | $11,452,000 | Total Assessment | $18,934,100 |
PROPERTY TAXES
Parcel Number
06-000-07674002
Land Assessment
$11,452,000
Improvements Assessment
$7,482,100
Total Assessment
$18,934,100
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