202-536-3736
11551-11609 Edmonston Rd, Beltsville, MD for Sale
Light Manufacturing - FOR SALE
1/11
null | Request Cap Rate

11551-11609 Edmonston Rd
Beltsville, MD 20705


HIGHLIGHTS

  • True Small-Bay Industrial
  • Suites Ranging from 700-1,500 SF
  • Phase 1 of Edmonston Business Park

OVERVIEW

Marcus & Millichap is pleased to exclusively present Edmonston Business Park, a 95,484 SF small-bay industrial complex located in the exceptionally tight submarket of Beltsville, Maryland for acquisition. Specifically, The Property offered is a 92% of the complex, or a fee simple interest in 87,684 SF, consisting 78% of Phase I and 100% of Phase II. The southern complex (Phase I) is separated by Edmonston Road, formerly known as Old Baltimore Pike. Consisting of small-bay industrial units, Phase I totals 36,034 SF is 98% occupied with units averaging 1,500 SF, and a mix of uses ranging from private wineries to Maryland State Police as tenants. Phase I of Edmonston Business Park was built to be a 36,064 SF ‘true’ small-bay business park with roughly 30 suites ranging from 700 to 1,500 square feet. All but a few of the suites are in a condominium regime with separate tax parcels and operate like separate buildings. Typical suites have office entrance and area with a bathroom(s) adjacent to an industrial space served by a 10-12’ on grade roll up door. Many tenants have significant tenure at the Property and have modified their suites at their own expense over the years. Phase I consist of three buildings, each with an End Cap that offers flex office or storage space on the ground floor and 1,500 SF of office on the second floor for a total of 4,500 SF of second floor office space in three buildings which is 100% leased. Building C end cap shown in picture.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edmonston Business Ctr 1

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.32

LAND SF

101,059

ZONING

I-2

APN/PARCEL ID

01-0036277

ASK ABOUT THIS PROPERTY

Robert FilleyMarcus & MillichapMore Info
202-536-3736

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Robert FilleyMarcus & MillichapMore Info
202-536-3736

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