20 E Timonium Rd - Office FOR SALE


Timonium, MD 21093- Lutherville-Timonium
$6,400,000 USD
410-494-6654
20 E Timonium Rd, Timonium, MD for Sale
$6,400,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

20 E Timonium Rd
Timonium, MD 21093
Lutherville-Timonium


HIGHLIGHTS

  • 100% leased to established tenants, diversified rent roll by size and industry
  • Recent, significant capital improvements/renovations ($945,000)
  • Exempted from Building Energy Performance Standards due to size
  • Private pathway to grocery anchored shopping center with several restaurants

OVERVIEW

20 East Timonium Road presents the opportunity to acquire a 33,316 SF ±, three-story office building situated on 1.54 AC ± in Timonium, Maryland. The property is 100% leased to a diverse tenant roster, including embedded medical practices, providing stable occupancy and cash flow. Recent capital improvements and renovations totaling approximately $945,000 enhance the asset’s long-term appeal, while ample parking and strong visibility support tenant convenience. Located within the vibrant York Road corridor, the property benefits from private pedestrian access to an adjacent grocery-anchored shopping center and is less than one mile from Interstate 83.

FOR SALE DETAILS

PRICE

$6,400,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

RO

APN/PARCEL ID

08-1600001743

ASK ABOUT THIS PROPERTY

Owen RouseMacKenzie Commercial Real Estate Services, LLCMore Info
410-494-6654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Owen RouseMacKenzie Commercial Real Estate Services, LLCMore Info
410-494-6654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.