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Office Building with Multiple Entrances
For Lease
$5,416/Mo

4221 FORBES Boulevard, Lanham, MD 20706

CommercialLease, LANHAM, MD

Space SizeContact for details
Property Size50,800 SF
Days on Market91

Property Features for 4221 FORBES Boulevard

General Information

Property type Other
Property subtype Office
Parking 52
Parking features Parking Lot
Elementary school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status Active

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

modern lobby
multiple entrances
abundant free parking
park-like setting with outdoor seating areas
near Jacks Deli
Vista Gardens Shopping Center
Bowie Town Center

Building Details

Year built 1989
Building materials Brick
Listing Agency: The Velocity Group, LLC.
Listed By: Andre P Smith · License #06204
Added: Jun 15 Changed: Sep 6 Last Checked: Sep 13 at 11:06AM
MLS# MDPG2207240

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Forbes Center III is a 50,800-square-foot office building constructed in 1989 with brick construction, central air, and forced-air heating. The property features a modern lobby, multiple entry points, a parking lot, and outdoor seating areas within a landscaped setting.

The building fronts Forbes Boulevard and is positioned near Vista Gardens Shopping Center, Bowie Town Center, Jacks Deli, and other amenities. Regional access includes Route 50, I-95/495, New Carrollton Metro Station, and Amtrak, with connections toward Washington, DC, Baltimore, and Annapolis.

Key Highlights

  • 50,800‑square‑foot office building constructed in 1989
  • Modern lobby with multiple entrances
  • Parking lot with abundant free parking

Property Analytics

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Current Use

Community Therapeutic Center Medical Clinic Robert Holmes, Village ... Real Estate Agency Village Premier Collection ... Real Estate Agency Chadd Inc Charitable Organization Tayored Custom Teez Clothing Store

Suggested Use

Top Pick Dental Office Parking Lot & Garage Auto Repair Shop (Bike/Boat/Book/etc) Store Bakery Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,218
Businesses Nearby

Demographics for 20706, MD

43,623
Population
13,799
Households
3.2
Avg Household Size
36
Median Age
34%
College-Educated
83%
High-School Grad
10.0 sq mi
ZIP Area
4,362
Density / Sq Mi
$100,061
Median Household Income
$44,032
Median Earnings
$1,797
Median Rent
$408,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Professional office setting with a modern lobby, ample parking, outdoor seating, and access to major regional transportation.
Where is this office building located?
The property is located at 4221 FORBES Boulevard Lanham, MD.
What is the lease rate?
The lease rate is $5,416/Mo.
What are key features of this property?
This property features: 50,800‑square‑foot office building constructed in 1989; Modern lobby with multiple entrances; Parking lot with abundant free parking
More about this property
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