7321 Parkway Dr S
Hanover, MD 21076
Flex Property For Sale
Property Facts
| Property Type | Flex | Year Built/Renovated | 1984/2010 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.38 AC | Parking Ratio | 4.12/1,000 SF |
| Rentable Building Area | 52,175 SF | No. Dock-High Doors/Loading | 1 |
| No. Stories | 1 | ||
| Zoning | W-1 | ||
| Property Type | Flex |
| Building Class | B |
| Lot Size | 3.38 AC |
| Rentable Building Area | 52,175 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1984/2010 |
| Tenancy | Single |
| Parking Ratio | 4.12/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| Zoning | W-1 |
About 7321 PARKWAY DR S , HANOVER, MD 21076
The property is a 52,175 square foot facility consisting of offices, classrooms and a recently added gymnasium. Chesapeake Science Point has been operating at this facility since 2009 under a long-term lease with over eleven (11) years of term remaining, expiring in August 2029. The NN lease features generous rental increases of 2.25% annually with minimal landlord responsibilities. The property is well located at the interchange of two main highways with traffic counts over 150,000 vehicles per day. The area is a popular suburb to Baltimore and Washington D.C. just minutes from the state of Maryland’s largest airport, shopping center and employer. The market continues to attract significant development projects including, most recently, the addition of the Maryland Live! Casino & Hotel.
Property Taxes
| Parcel Number | 05-620-90038218 | Improvements Assessment | $10,139,200 |
| Land Assessment | $878,800 | Total Assessment | $11,018,000 |
Property Taxes
