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Executive Plaza II 4600 Forbes Blvd 80,000 SF 89% Leased Office Building Lanham, MD 20706 $8,325,000 ($104.06/SF) 8.75% Cap Rate
Investment Highlights
- Located in the Washington Business Park submarket with convenient access to the Capital Beltway (I-495) and U.S. Route 50.
- Features recently renovated office spaces (2023) with flexible configurations and modern finishes.
- Multi-tenant office property totaling approximately 80,000 square feet on 4.91 acres of land.
- Amenities include free high-speed Wi-Fi, an onsite cafeteria, 24-hour building access, and shared kitchen facilities.
Executive Summary
This property is for sale $8,325,000 with a cap rate of 8.75% and the building is 99% leased.
**** OFFERING MEMORANDUM & FINANCIAL INFORMATION AVAILABLE UPON SIGNED NON-DISCLOSURE AGREEMENT (NDA) ****
**** OFFERING MEMORANDUM & FINANCIAL INFORMATION AVAILABLE UPON SIGNED NON-DISCLOSURE AGREEMENT (NDA) ****
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- Market Information
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
80,000 SF
Building Class
B
Year Built
1984
Price
$8,325,000
Price Per SF
$104.06
Cap Rate
8.75%
NOI
$728,438
Percent Leased
89%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
20,601 SF
Building FAR
0.37
Lot Size
4.91 AC
Zoning
IH/IE - Zoning in this business park is IH (Industrial Heavy) on the North side of Forbes Blvd and IE (Industrial Employment) on the South side of Forbes Blv
Parking
320 Spaces (3.88 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Fitness Center
- Metro/Subway
- Pond
- Property Manager on Site
- Balcony
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Fully built out office in 4600 Forbes.
- 2nd Fl-Ste 202
- 1,900 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 201 | 2,000-6,671 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 202 | 1,900 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 201
| Size |
| 2,000-6,671 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 1,900 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 201
| Size | 2,000-6,671 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Fully built out office in 4600 Forbes.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 20-2183358 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $8,325,367 |
Property Taxes
Parcel Number
20-2183358
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,325,367
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Executive Plaza II | 4600 Forbes Blvd
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