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.