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5503-5505 Reisterstown Rd 3,630 SF of Retail Space Available in Baltimore, MD 21215
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,630 SF | 3 Years | $18.25 /SF/YR $1.52 /SF/MO $66,248 /YR $5,521 /MO | Triple Net (NNN) |
1st Floor
Retail Space with Storage and Secure Parking in the Rear. Event Space with Convenient Storage – Your Perfect Venue Solution! Formerly used as an event space, This space can be used for events business, home goods, Electronics/Technology or Fitness and Wellness Location. This venue consists of - Spacious, Customizable Layout: Whether it's a corporate event, wedding, workshop, or conference, our venue adapts to your needs. - Central Heating and Air Conditioning - On-site Storage: Need to store equipment, supplies, or decorations? We’ve got you covered! - Central Location: Easily accessible by Mass Transit and Car. Convenient to 695, Rt. 83. - High-Speed Wi-Fi Available: Fully wired for equipped with all the tech you need for presentations, entertainment, or virtual events. Cost Breakdown: Rental Rate $20 X 3630 square ft= $72,000 a year for 1st year or $6,050 per month Expenses $5.35 per square ft= $19,420 a year for 1st year or $1,618.38 per month Total cost per month is = $7,668.37 per month, the 1st year *Tenant /Buyers to confirm ALL zoning and potential usage.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Wi-Fi Connectivity
- Rear Parking
- Central Heating and AC
- Convenient to 695 and Rt. 83
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 5503-5505 REISTERSTOWN RD, BALTIMORE, MD 21215
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Healthy Mind Foundation
- Health Care
- 1
- -
- Hilltop Hardware & Home Center
- -
- 1
- -
- Kassama's Okinawan Karate Acad
- -
- 1
- -
- Momma's Grocery & Dollar
- Supermarket
- 1
- -
- P & R Bargain Shop
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Healthy Mind Foundation | Health Care | 1 | - |
| Hilltop Hardware & Home Center | - | 1 | - |
| Kassama's Okinawan Karate Acad | - | 1 | - |
| Momma's Grocery & Dollar | Supermarket | 1 | - |
| P & R Bargain Shop | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,630 SF | Gross Leasable Area | 5,835 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Freestanding | Parking Ratio | 3.43/1,000 SF |
| Total Space Available | 3,630 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,835 SF |
| Year Built | 1950 |
| Parking Ratio | 3.43/1,000 SF |
ABOUT THE PROPERTY
Retail Space with Storage and Secure Parking in the Rear. Event Space with Convenient Storage – Your Perfect Venue Solution! Formerly used as an event space, This space can be used for events business, home goods, Electronics/Technology or Fitness and Wellness Location. This venue consists of - Spacious, Customizable Layout: Whether it's a corporate event, wedding, workshop, or conference, our venue adapts to your needs. - Central Heating and Air Conditioning - On-site Storage: Need to store equipment, supplies, or decorations? We’ve got you covered! - Central Location: Easily accessible by Mass Transit and Car. Convenient to 695, Rt. 83. - High-Speed Wi-Fi Available: Fully wired for equipped with all the tech you need for presentations, entertainment, or virtual events. Cost Breakdown: Rental Rate 18.25 X 3630 square ft= $66,247.50 a year for 1st year or $5,520 per month Expenses $5.35 per square ft= $19,420 a year for 1st year or $1,618.38 per month Total cost per month is = $7,138.38 per month, the 1st year *Tenant /Buyers to confirm ALL zoning and potential usage.
- 24 Hour Access
- Fenced Lot
- Metro/Subway
- Air Conditioning
NEARBY MAJOR RETAILERS
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5503-5505 Reisterstown Rd
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