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The Power Plant 601 E Pratt St 2,600 - 58,615 SF of 4-Star Space Available in Baltimore, MD 21202
HIGHLIGHTS
- 24M visitors annually
- 7.8K hotel rooms within one mile
- 1.5 miles from Baltimore Orioles Camden Yards and Baltimore Ravens M&T Bank Stadium
- 122K downtown office workers within one mile
- Directly accessible via I-95, I-395 and I-83
- 10 miles from Baltimore-Washington International Airport with 25M annual passengers
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 6,084 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 6,831 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 13,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 15,000 SF | 5-10 Years | $24.00 /SF/YR $2.00 /SF/MO $360,000 /YR $30,000 /MO | Modified Gross | ||
| 4th Floor | 15,000 SF | 5-10 Years | $24.00 /SF/YR $2.00 /SF/MO $360,000 /YR $30,000 /MO | Modified Gross |
1st Floor
Second-generation restaurant space.
1st Floor
Second-generation restaurant.
- Fully Built-Out as a Restaurant or Café Space
1st Floor
Seoncd-generation restaurant.
- Fully Built-Out as a Restaurant or Café Space
1st Floor
2nd Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 38 - 120 People
4th Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 38 - 120 People
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.
PROPERTY FACTS
| Total Space Available | 58,615 SF | Total Land Area | 1.89 AC |
| Property Type | Retail | Year Built/Renovated | 1901/1998 |
| Gross Leasable Area | 257,868 SF | Parking Ratio | 2.62/1,000 SF |
| Total Space Available | 58,615 SF |
| Property Type | Retail |
| Gross Leasable Area | 257,868 SF |
| Total Land Area | 1.89 AC |
| Year Built/Renovated | 1901/1998 |
| Parking Ratio | 2.62/1,000 SF |
ABOUT THE PROPERTY
This is a truly iconic building and location highly trafficked by millions of people per year. There are few like it in the United States, providing a great brand enhancing opportunity. Additional location advantages include: welcomes 24M visitors annually; 122K downtown office workers within one mile; 7.8K hotel rooms within one mile; 370 annual events held at the nearby Baltimore Convention Center; 1.3M SF of convention space downtown; Directly accessible via I-95, I-395 and I-83; 37 minutes to Washington D.C. by train; 10 miles from Baltimore-Washington International Airport with 25M annual passengers; 1.5 miles from Baltimore Orioles Camden Yards and Baltimore Ravens M&T Bank Stadium.
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Freeway Visibility
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Waterfront
- Balcony
NEARBY MAJOR RETAILERS
Presented by
The Power Plant | 601 E Pratt St
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