8 Greenspring Valley Rd - Office FOR SALE


Owings Mills, MD 21117- Garrison
$1,520,000 USD
215-531-7026
8 Greenspring Valley Rd, Owings Mills, MD for Sale
$1,520,000 USD
Office - FOR SALE
1/20
null | 7.4% Cap Rate

8 Greenspring Valley Rd
Owings Mills, MD 21117
Garrison


HIGHLIGHTS

  • 10,000 SF center on over an acre of land 100% leased, with a diverse mix of five tenants. All tenants have leases with 3% annual rental increases.
  • Conveniently located near Interstate 795 (116,000 VPD), Interstate 695 (70,000 VPD), and MD Route 140 (30,000 VPD).
  • Situated in a densely populated and affluent submarket with over 206,000 residents within 5 miles and an average household income exceeding $126,921.
  • The Greenspring neighborhood boasts incredible real estate fundamentals coupled with limited opportunities for development land.

FOR SALE DETAILS

PRICE

$1,520,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Greenspring Valley Offices

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

RO

APN/PARCEL ID

03-0308002150

ASK ABOUT THIS PROPERTY

Derrick DoughertyDougherty And Partners of Marcus & MillichapMore Info
215-531-7026

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

Derrick DoughertyDougherty And Partners of Marcus & MillichapMore Info
215-531-7026

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