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9520 Baltimore Ave 8,004 - 38,259 SF of Space Available in College Park, MD 20740
HIGHLIGHTS
- +38,000 SF commercial building with retail showroom, warehouse, administrative space, dedicated parking, and recently replaced roof (2022)
- Second floor office is currently leased to a church on a month-to-month basis but can be delivered 100% vacant
- Improvements are in good condition and present an excellent foundation for an investor to add value through leasing or an owner/user
- Located on Rt. 1 / Baltimore Avenue (42,800 AADT) in College Park, MD and strategically positioned between I-495 (DC Beltway) and Rt. 193
- Flexible NAC (Neighborhood Activity Center) zoning allows for a wide range of retail/office/commercial
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 30,255 SF | 10’4” - 12’5” | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $605,100 /YR $50,425 /MO | Triple Net (NNN) | |
| 2nd Floor | 8,004 SF | 8’ | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $160,080 /YR $13,340 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- 5 Loading Docks
- Central Air Conditioning
- High Ceilings
- Finished Ceilings: 10’4” - 12’5”
- Wheelchair Accessible
- +38,000 SF commercial building w/ retail showroom
- Located on Rt. 1 / Baltimore Avenue (42,800 AADT)
- Flexible NAC (Neighborhood Activity Center) Zoning
- Improvements are in good condition
2nd Floor
8,004 SF Second floor office | move-in ready
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- 10 Private Offices
- 2 Conference Rooms
- Finished Ceilings: 8’
- Central Air Conditioning
- Private Restrooms
- Fully Carpeted
- Drop Ceilings
- Located on Rt. 1 / Baltimore Avenue (42,800 AADT)
- Flexible NAC (Neighborhood Activity Center) zoning
- Improvements are in good condition
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 | 38,259 SF | Gross Leasable Area | 38,259 SF |
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Freestanding | Parking Ratio | 1.46/1,000 SF |
| Total Space Available | 38,259 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 38,259 SF |
| Year Built | 1957 |
| Parking Ratio | 1.46/1,000 SF |
ABOUT THE PROPERTY
+38,000 SF commercial building with retail showroom, warehouse, administrative space, dedicated parking, and recently replaced roof (2022)
- 24 Hour Access
- Pylon Sign
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
CONTACTS
-
Benjamin Wilson -
Donivan Okolita -
Burke McLaughlin -
Yassi Ghashghai -
Greysteel Holdings
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9520 Baltimore Ave
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