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6401-6403 Erdman Ave 28,421 SF 100% Leased Industrial Building Baltimore, MD 21205 For Sale
Investment Highlights
- Investors will find a distinguished opportunity in the Baltimore market with this fully leased, income-generating industrial property.
- Two-tenant property features NNN lease terms and an average WALT of approximately 3.5, providing investors with a stable asset.
- Area demographics bode well for investors with a strong workforce of 298,177 employees within 5 miles of the asset.
- Positioned with logistics in mind, with rail & Port of Baltimore access just east of downtown near Interstates 95 and 895, as well as Pulaski Highway.
- Employees have convenient access to nearby retailers and amenities, including Dunkin’, Royal Farms, McDonald’s, Wawa, Subway, and other options.
- Recently installed a new roof alongside a new BGE natural gas service to the building with 1.2 million BTU capacity.
Data Room Click Here to Access
- Operating and Financial Statements
- Survey
- CAD Files
Property Facts Sale Pending
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Warehouse | Parking Ratio | 0.89/1,000 SF |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 1.23 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 28,421 SF | Opportunity Zone |
Yes
|
| Zoning | I-2 - Manufacturing Heavy | ||
| Sale Type | Investment |
| 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 | I-2 - Manufacturing Heavy |
Amenities
- Fenced Lot
Utilities
- Water - City
- Sewer - City
- Heating - Gas
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6242E-001G | Improvements Assessment | $365,100 |
| Land Assessment | $184,900 | Total Assessment | $550,000 |
Property Taxes
Parcel Number
6242E-001G
Land Assessment
$184,900
Improvements Assessment
$365,100
Total Assessment
$550,000
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6401-6403 Erdman Ave
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