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201 Defense Hwy
Annapolis, MD 21401
Value-Add Class A Office with Existing Income · Office Property For Sale
Investment Highlights
- Power Technology Center presents a high-impact, value-add opportunity to acquire a Class A office asset with existing rental income.
- Prime location offering quick and convenient access to Defense Highway, West Street, Route 50, and the greater Annapolis / DC region.
- Over $500,000 in recent capital improvements, including exterior painting, parking improvements, fitness center upgrades, LED lighting, and more.
- Currently 33% leased by a diverse tenant mix, with the upside to fill remaining vacancies and bring rents in line with growing submarket trends.
- Convenient proximity to premium retail, dining, and entertainment amenities at the Annapolis Mall and the Annapolis Towne Centre @ Parole.
- Positioned on an expansive 9.35-acre lot within a competitive commercial hub, creating additional opportunities for adaptive reuse.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
70,204 SF
Building Class
A
Year Built
1991
Percent Leased
33%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
23,401 SF
Slab To Slab
10’
Building FAR
0.17
Lot Size
9.60 AC
Parcel Number
02-000-07065015
Zoning
W1B, Anne Arundel Co - Light Industrial, W1 (AACo) with Town Center Overlay (TC) allowing for the
potential redevelopment for a residential conversion.
Parking
300 Spaces (4.27 Spaces per 1,000 SF Leased)
Amenities
- Fitness Center
- Skylights
- High Ceilings
- Natural Light
- Shower Facilities
- Monument Signage
- Outdoor Seating
- Balcony
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