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6401-6403 Erdman Ave 28,421 SF 100% Leased Industrial Building Baltimore, MD 21205 For Sale

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EXECUTIVE SUMMARY

• 100% Occupied Under Two Separate NNN Leases
The property is fully leased to two tenants, each operating under its own true triple-net (NNN) lease, producing stable, predictable income with minimal landlord responsibilities.
• Passive, Low-Maintenance Cash Flow
NNN structure ensures expenses are passed through to tenants. Ideal for investors seeking turnkey income or 1031 exchange buyers needing reliability and simplicity.
• Strong & Sticky Tenant Base
Both tenants are long-term industrial/service users well-aligned with the building’s layout and submarket. Multi-suite configuration reduces rollover risk.
• Functional, Flexible Industrial Space with large outdoor storage component
Features warehouse bays, service access, and practical layouts suitable for contractor, distribution, light manufacturing, and general industrial users.
• Located in a High-Demand Industrial Corridor
Positioned along Erdman Avenue / Pulaski Highway — a mature, supply-constrained industrial submarket with consistently high occupancy.
• Excellent Access to Major Transportation Routes
Immediate proximity to:
• I-95
• I-895
• US-40 (Pulaski Hwy)
• I-695
Providing efficient regional and last-mile connectivity.
• Low Capital Expenditure Profile
NNN leases paired with durable industrial construction minimize ongoing landlord CapEx requirements.
• Attractive Long-Term Hold
Strong in-place cash flow with potential upside at rollover. Industrial fundamentals remain favorable for value stability and appreciation.
• Turnkey, Income-Producing Industrial Asset
A rare chance to acquire a fully stabilized, dual-suite industrial building with two NNN leases in one of Baltimore’s strongest industrial submarkets.

PROPERTY FACTS

Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.23 AC
Rentable Building Area 28,421 SF
No. Stories 1
Year Built 1950
Parking Ratio 0.89/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning M-2-1 - Manufacturing Heavy

AMENITIES

  • Fenced Lot

UTILITIES

  • Water - City
  • Sewer - City
  • Heating - Oil (Fired)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6242E-001G
Land Assessment
$184,900
Improvements Assessment
$365,100
Total Assessment
$550,000
  • Listing ID: 38473518

  • Date on Market: 11/17/2025

  • Last Updated:

  • Address: 6401-6403 Erdman Ave, Baltimore, MD 21205

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