Investment Overview

Marcus & Millichap is pleased to exclusively represent the ownership in the sale of two parcels located at 2700 Loch Raven Road & 1001 Exeter Hall Avenue in Baltimore, Maryland. 2700 Loch Raven Rd consists of an 82,585 SF warehouse and a separate 22,099 SF office building. 1001 Exeter Hall Ave consists of a leased 5,500 SF flex property with an additional acre of vacant paved IOS area. The Loch Raven Rd warehouse and separate office are vacant and sit on a 5.80-acre lot with I-1 zoning and ample paved parking/outdoor storage. The warehouse is configured with a two truck wash bays, five maintenance bays, a 7,409 SF storage bay and a large central warehouse space featuring 32’4” – 36’8” clear heights. There are 10 total drive-ins, 2 recessed loading docks, 1 interior dock well and multiple cranes. Throughout the building, clear heights range from 22’ – 36’8”. The rear warehouse lot features 1.59 acres of IOS accessible via a gated entrance. The 22,099 SF office building is situated directly on Loch Raven Road with its own gated entrance. As a former corporate headquarters, there is an above-average 3/1,000 parking ratio and the office is fully furnished and ready for occupancy. 1001 Exeter Hall is accessible from 2 curb cuts via Reese St and Exeter Hall Ave and can also be accessed from the Loch Raven Rd parcel. The 5,500 SF flex building provides stable cash flow with a newly signed 10-year NNN lease with 4% annual escalations. The 1-acre paved IOS space is currently vacant, allowing for immediate use or leasing upside. Located in the center of Baltimore, a user will have direct access to a large local community of 144,848 residents within 2-miles. A new owner/user also has the option of leasing out spaces they do not use. Below-market Seller financing is available for qualified purchasers and offers a monthly payment that is roughly half the cost of leasing or buying with conventional financing. The parcels can be sold together or separately.