Professional Office
For Lease
$17.95-$21.95 SF/Yr CAM $5.45 /USD/SF/YR
11204 Racetrack Rd, Berlin, MD 21811
Multiple office suites are available across two floors with access to US 50 and US 113.
Space Size707 SF - 6,353 SF
Days on Market51
Property Features for 11204 Racetrack Rd
General Information
Standard status
Active
Size
707 SF - 6,353 SF
Net Rentable
707 SF
Lease Type
NNN
Space & Availability
Available Space
707-6,353 SF
Contiguous Space
6,353 SF
Space Use
Office
Lease Terms
Rent per SF/Year
$17.95-$21.95
CAM
$5.45 /USD/SF/YR
Additional Details
Highway Access
Yes
Building Details
Year Built
2004
Listing Agency:
Rinnier Development Co
Listed By:
William Rinnier · License #514904
(410) 742-8151
Source:
Soldbypattie
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 7 at 2:08PM
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 Co
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Investment Insights
Based on property information with market context.
Office units are available at 11204 Racetrack Rd in a building constructed in 2004. Available configurations range from 707 SF to 6,353 SF across ground-floor and second-floor spaces, providing multiple suite options within the property.
The property offers access to US 50 and US 113, with proximity to Ocean Pines, Ocean City, Atlantic General Hospital, Berlin, and Salisbury. Listed availabilities include units in buildings 11200 and 11202, with individual spaces ranging from compact office suites to a 6,353-SF second-floor unit.
The property offers access to US 50 and US 113, with proximity to Ocean Pines, Ocean City, Atlantic General Hospital, Berlin, and Salisbury. Listed availabilities include units in buildings 11200 and 11202, with individual spaces ranging from compact office suites to a 6,353-SF second-floor unit.
Key Highlights
- 707 - 6,353 SF available
- Ground‑floor and second‑floor office units
- Building 11200 includes Units 201, 202, and 203
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.99 /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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Berlin, MD
$23.71 /SF/Yr
Avg Asking Price
$17.95–$28.33 /SF/Yr
Price Range
2,233 SF
Avg Space Size
This space is priced 16% below the average of $23.71 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Multiple office suites are available across two floors with access to US 50 and US 113.
Where is this office unit located?
The property is located at 11204 Racetrack Rd Berlin, MD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 707 - 6,353 SF available; Ground‑floor and second‑floor office units; Building 11200 includes Units 201, 202, and 203
