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Modern Office Building with Parking
For Lease
$7,916/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
free parking
outdoor seating areas

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# MDPG2207086

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 a brick exterior, central air, and forced-air heating. The property features a modern lobby, multiple entrances, outdoor seating areas, and a dedicated parking lot. It is offered for lease as an office building in Lanham, Maryland.

The building fronts Forbes Boulevard and is 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. The property is also positioned within reach of 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
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 - Office property with multiple entrances, on-site parking, outdoor seating, and access to 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 $7,916/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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