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Benson Medical Center - Baltimore, MD 3421 Benson Ave 42,324 SF 31% Leased Office Building Baltimore, MD 21227 $2,750,000 ($64.97/SF)
Investment Highlights
- 42,324 SF GBA, 4-story building situated on 4.6 acres with over 27,000 SF of contiguous space available for immediate occupancy.
- Highly desirable zoning permits a wide range of office, medical, industrial, flex, and commercial uses, providing long-term flexibility.
- The property is equipped with 277/480-volt, three-phase power, a freight elevator, a rear loading dock, a backup generator, etc.
- Each approximately 10,000 SF floor features no interior load-bearing walls or columns, high ceilings, continuous window lines, & multiple HVAC zones.
- The expansive 4.6-acre site includes approximately 2.1 acres of excess land, offering opportunities for future development.
- The roof was replaced in 2015 and is backed by a warranty through 2035, helping minimize near-term capital improvement needs.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale Benson Medical Center, a 42,324 SF GBA, 4-story medical office building situated on 4.6 acres at 3421 Benson Avenue in Baltimore, MD. The property offers over 27,000 SF of contiguous space available for immediate occupancy, making it an ideal opportunity for a corporate headquarters, medical user, or expanding business.
In Cooperation With Sands Investment Group Maryland, LLC - Lic. #5002337 BoR: Tom Gorman - Lic. MD #5002337
In Cooperation With Sands Investment Group Maryland, LLC - Lic. #5002337 BoR: Tom Gorman - Lic. MD #5002337
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
42,324 SF
Building Class
B
Year Built/Renovated
1986/1995
Price
$2,750,000
Price Per SF
$64.97
Percent Leased
31%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
42,324 SF
Slab To Slab
10’
Building FAR
0.21
Lot Size
4.60 AC
Zoning
I-1 - Light manufacturing, office, medical/dental clinic, retail goods, restaurant
Parking
170 Spaces (4.02 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Central Heating
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Baltimore Surgery Center LLC.
- Health Care and Social Assistance
- 9,446 SF
- $12.42
- Triple Net
- Dec 2033
- Mine Healthcare Services LLC
- Health Care and Social Assistance
- 2,150 SF
- $19.12
- Triple Net
- Oct 2027
- UAW Region 8, Local 17
- Health Care and Social Assistance
- 832 SF
- $17.51
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Baltimore Surgery Center LLC. | Health Care and Social Assistance | 9,446 SF | $12.42 | Triple Net | Dec 2033 | |
| Mine Healthcare Services LLC | Health Care and Social Assistance | 2,150 SF | $19.12 | Triple Net | Oct 2027 | |
| UAW Region 8, Local 17 | Health Care and Social Assistance | 832 SF | $17.51 | Modified Gross | - |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7696-001 | Improvements Assessment | $1,019,000 |
| Land Assessment | $368,800 | Total Assessment | $1,387,800 |
Property Taxes
Parcel Number
7696-001
Land Assessment
$368,800
Improvements Assessment
$1,019,000
Total Assessment
$1,387,800
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Contact the Sale Advisor
Benson Medical Center - Baltimore, MD | 3421 Benson Ave