443-510-0632
2661 Riva Rd, Annapolis, MD for Sale
Medical - FOR SALE
1/9
null | Request Cap Rate

2661 Riva Rd
Annapolis, MD 21401
Parole


HIGHLIGHTS

  • Premier Office Acquisition in Annapolis’ most resilient submarket
  • 34,395 RSF building with 67% occupancy and strong historical tenant tenure
  • Value-add opportunity with 17,052 RSF vacant space across five market-aligned suites
  • Tranquil setting surrounded by nature, dual grade-level entrances, and abundant parking
  • Building amenities include a large shared conference room and private balconies for 5th-floor tenants
  • Anchors the prestigious 2661 Riva Road Office Park

OVERVIEW

2661 Riva Road Building 1000 represents a premier office acquisition opportunity within Annapolis, Anne Arundel County’s most resilient submarket. The building anchors the prestigious 2661 Riva Road Office Park, in a serene setting surrounded by trees, with dual front and rear grade-level entrances, and abundant parking. Building 1000 has strong historical tenant tenure with 3 of the 6 current tenants having occupied for over 20 years. The typical initial lease term in the building is 5 years. Currently 67% occupied - based on the Rent Roll across 34,395 RSF - the building’s 17,052 RSF of vacant space consists of five smaller suites aligned with market demand.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg 1000

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

A

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

209

LAND DETAILS

LAND ACRES

4.4 AC

LAND SF

191,664 SF

ZONING

C2, County

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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443-510-0632

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443-510-0632

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