6411 Beckley St - R&D FOR SALE


Baltimore, MD 21224
$4,900,000 USD
410-652-2848
6411 Beckley St, Baltimore, MD for Sale
$4,900,000 USD
R&D - FOR SALE
1/27
null | Request Cap Rate

NEW


6411 Beckley St
Baltimore, MD 21224


OVERVIEW

6411 Beckley Street comprises a 77,225 square foot biomedical research office and laboratory building situated on 4.56 acres of industrially zoned and port adjacent land. The life sciences facility is currently 25% occupied by Pixelligent, Inc., a manufacturing company that, according to the company website, is “innovating advanced optical solutions for next-gen electronics applications.” The tenant has extended their lease through May of 2027 with increased rent beginning in June of 2025 ($543,390 gross rent per year). Current operating expenses put the building at a roughly break-even proposition as it stands, with ample opportunity for strategic building improvements to reduce overall operating expenses in addition to 75% remaining space available to occupy or lease. Proximity to the port, industrial zoning and overall acreage also present an exciting opportunity to fully reposition the building to a variety of alternative uses, including cold storage, traditional office or institutional purposes. The auction presents a unique opportunity for a strategic company headquarters, creative redevelopment or simply a well-timed value-add leasing opportunity.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

168

LAND DETAILS

LAND ACRES

4.56

LAND SF

198,634

ZONING

I-2

APN/PARCEL ID

6923-005

ASK ABOUT THIS PROPERTY

Joe AvampatoAlberti RealtyMore Info
410-652-2848

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Joe AvampatoAlberti RealtyMore Info
410-652-2848

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