Office
Greenspring Valley Offices
8 Greenspring Vly Rd, Owings Mills, MD 21117
Listing Price: $1,520,000
Investment Overview
The Greenspring neighborhood boasts incredible real estate fundamentals coupled with limited opportunities for development land. This fully occupied, 10,000 SF center on just over an acre of land represents a rare chance to secure a prime asset in a high-demand submarket. The property is located near prominent academic centers: Towson University (23,000 students, 9 miles), University of Maryland Baltimore (14,000 students, 16 miles), and the Community College of Baltimore County (63,000 students, 8 miles).
Greenspring Valley Offices
Investment Highlights
- 10,000 SF center on over an acre of land 100% leased, with a diverse mix of five tenants. All tenants have leases with 3% annual rental increases, providing a hedge against inflation.
- 62.5% of the rent roll has an occupancy history of 8+ years.
- Conveniently located near Interstate 795 (116,000 VPD), Interstate 695 (70,000 VPD), and MD Route 140 (30,000 VPD).
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,520,000
Investment Highlights
- 10,000 SF center on over an acre of land 100% leased, with a diverse mix of five tenants. All tenants have leases with 3% annual rental increases, providing a hedge against inflation.
- 62.5% of the rent roll has an occupancy history of 8+ years.
- Conveniently located near Interstate 795 (116,000 VPD), Interstate 695 (70,000 VPD), and MD Route 140 (30,000 VPD).
Investment Overview
The Greenspring neighborhood boasts incredible real estate fundamentals coupled with limited opportunities for development land. This fully occupied, 10,000 SF center on just over an acre of land represents a rare chance to secure a prime asset in a high-demand submarket. The property is located near prominent academic centers: Towson University (23,000 students, 9 miles), University of Maryland Baltimore (14,000 students, 16 miles), and the Community College of Baltimore County (63,000 students, 8 miles).
Exclusively Listed By
Broker of Record
Financing By
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