410-804-6518
4201 Patterson Ave, Baltimore, MD for Sale
Office - FOR SALE
1/25
null | Request Cap Rate

4201 Patterson Ave
Baltimore, MD 21215
Reistertown Station


HIGHLIGHTS

  • 100% LEASED TO THE STATE OF MARYLAND (AAA CREDIT RATING) THROUGH MARCH 2036 - TENANT HAS A LONG HISTORY OF RENEWALS VIA ITS 36 YEAR OCCUPANCY HISTORY
  • NORTHWEST BALTIMORE HAS A 3.1% VACANCY RATE AND ZERO CONTIGUOUS VACANCIES LARGE ENOUGH TO ACCOMMODATE THE STATE OF MARYLAND’S CURRENT FOOTPRINT
  • MULTI-MODAL ACCESSIBILITY: LOCATED WITHIN A 5-MINUTE WALK TO THE REISTERSTOWN PLAZA METRO STATION AND PROXIMATE TO I-83 AND I-695
  • LOCATED IN THE HIGHLY AMENITIZED REISTERSTOWN METRO MICROMARKET, WITH IMMEDIATE PROXIMITY TO THE REISTERSTOWN ROAD PLAZA SHOPPING CENTER
  • STRATEGICALLY ROOTED WITHIN THE BALTIMORE CITY LIMITS, BENEFITING FROM THE STRONG EDUCATION AND MEDICAL SECTORS
  • SIGNIFICANT DISCOUNT TO REPLACEMENT COST, OFFERING ATTRACTIVE CASH YIELDS BACKED BY THE STATE OF MARYLAND’S INVESTMENT GRADE CREDIT RATING

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased to the State of Maryland

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

204

LAND DETAILS

LAND ACRES

3.09 AC

LAND SF

134,788 SF

ZONING

TOD-2

APN/PARCEL ID

4276C-090

ASK ABOUT THIS PROPERTY

David BakerJLLMore Info
410-804-6518

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David BakerJLLMore Info
410-804-6518

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