Warehouse
Edmonston Business Park - Phase 1
11550-11680 Edmonston Rd, Beltsville, MD 20705
Listing Price: $5,520,000
Investment Overview
Phase I of Edmonston Business Park was built to be a 36,064 SF ‘true’ small-bay business park with roughly 30 suites ranging from 700 to 1,500 square feet. All but a few of the suites are in a condominium regime with separate tax parcels and operate like separate buildings.
Typical suites have office entrance and area with a bathroom(s) adjacent to an industrial space served by a 10-12’ on grade roll up door.
Many tenants have significant tenure at the Property and have modified their suites at their own expense over the years. The Property offers Heavy Zoning for many uses, and the Seller is offering 23 of the 29 units at the Property with three other owners considering a sale.
Phase I consist of three buildings, each with an End Cap that offers flex, office or, storage space on the ground floor and 1,500 SF of office on the second floor for a total of 4,500 SF of second floor office space in three buildings which is 100% leased.
Edmonston Business Park - Phase 1
Investment Highlights
- Phase I tenant leases are under market and should be NNN leases.
- Individual metering of units, low cost of maintenance, tenants help maintain.
- North-South BW Corridor access with I-95, Route 1, and MD-295.
- Phases I & II offered together or separately
Exclusively Listed By
Listing Price: $5,520,000
Investment Highlights
- Phase I tenant leases are under market and should be NNN leases.
- Individual metering of units, low cost of maintenance, tenants help maintain.
- North-South BW Corridor access with I-95, Route 1, and MD-295.
- Phases I & II offered together or separately
Investment Overview
Phase I of Edmonston Business Park was built to be a 36,064 SF ‘true’ small-bay business park with roughly 30 suites ranging from 700 to 1,500 square feet. All but a few of the suites are in a condominium regime with separate tax parcels and operate like separate buildings. Typical suites have office entrance and area with a bathroom(s) adjacent to an industrial space served by a 10-12’ on grade roll up door. Many tenants have significant tenure at the Property and have modified their suites at their own expense over the years. The Property offers Heavy Zoning for many uses, and the Seller is offering 23 of the 29 units at the Property with three other owners considering a sale. Phase I consist of three buildings, each with an End Cap that offers flex, office or, storage space on the ground floor and 1,500 SF of office on the second floor for a total of 4,500 SF of second floor office space in three buildings which is 100% leased.
Exclusively Listed By
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