Professional Office Space
For Lease
Contact for pricing
11204 Racetrack Rd, Berlin, MD 21811
Multiple office units for rent with easy highway access.
Space Size707 SF - 6,358 SF
Property Size40,000 SF
Days on Market2563
Property Features for 11204 Racetrack Rd
General Information
Standard status
Active
Size
707 SF - 6,358 SF
Class
C
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
40,000 SF
Year Built
2004
Tenancy
Multiple
Spaces For Lease
at 11204 Racetrack Rd Contact us- Size
- 1,595 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
11200 - 201
- Size
- 707 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
11202 - 103
- Size
- 6,358 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
11202 - 201
- Size
- 1,445 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
11200 - 202
- Size
- 976 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
11202 - 105
- Size
- 1,439 SF
- Type
- Office
- Availability
- Active
11200 - 203
Show more
Listing Agency:
Rinnier Development Company
Listed By:
Blair Rinnier, CCIM, CPM · License #MD 514904
Source:
Crexi
Added: Aug 30, 2019
Changed: Aug 28
Last Checked: Sep 1 at 6:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Company
Investment Insights
Based on property information with market context.
Professional office spaces are available for rent. The property provides easy access to US 50, US 113, Ocean Pines, Ocean City, and Atlantic General Hospital. It is located minutes from Berlin and Ocean City, and close to Salisbury. The base rent is $21.95 per square foot for ground floor units and $17.95 per square foot for second floor units, with a CAM fee of an additional $5.45 per square foot. Multiple units are available.
Key Highlights
- Strategic Location: Easy access to US 50, US 113, Ocean Pines, Ocean City, and Atlantic General Hospital.
- Proximity to Key Areas: Minutes from Berlin and Ocean City; close to Salisbury.
- Professional Office Space: Suitable for various business needs.
Property Analytics
Property Profile
Current Use
Lease Details
$5.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 21811, MD
23,907
Population
15,439
Households
1.5
Avg Household Size
52
Median Age
36%
College-Educated
94%
High-School Grad
101.5 sq mi
ZIP Area
236
Density / Sq Mi
$91,293
Median Household Income
$49,929
Median Earnings
$1,398
Median Rent
$362,500
Median Home Value
Market
Lease Benchmarks for Berlin, MD
$24.07 /SF/Yr
Avg Asking Price
$18–$28.33 /SF/Yr
Price Range
3,182 SF
Avg Space Size
This space is priced 9% below the average of $24.07 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Multiple office units for rent with easy highway access.
Where is this office units located?
The property is located at 11204 Racetrack Rd Berlin, MD.
What is the lease rate?
The lease rate is $21.95 SF/Yr.
What are key features of this property?
This property features: Strategic Location: Easy access to US 50, US 113, Ocean Pines, Ocean City, and Atlantic General Hospital.; Proximity to Key Areas: Minutes from Berlin and Ocean City; close to Salisbury.; Professional Office Space: Suitable for various business needs.
