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Former Bank with Drive-Thru
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8509 Oak St, Laurel, MD

Former Bank of America with drive-thru, high traffic location.

Space Size416 SF
Lot Size0.15 Acres
Days on Market1372

Property Features for 8509 Oak St

General Information

Standard status Active
Size 416 SF
Lot size 0.15 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 8509 Oak St
8509 Oak St $7,917/Mo
Floor Bldg
Size 416 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Lease rate : $95,000 per year - Former bank of america bank building available for lease, already drive through equipped with a built-in atm machine. - Can easily be retrofitted to accommodate drive thru fast service, coffee, smoothie, bakery, medical marijuana dispensary, etc. - Reap the benefits of 68+ feet of road frontage and 60,000 cars daily. - Conveys with 2 pylon signs. - Located along route 1 near the NSA and fort meade with easy access to the icc and I-95. - The property is centrally located between baltimore and washington, dc.
Contact us
Listing Agency: Douglas Commercial
Listed By: Scott Douglas · License #580592
Source: Moodyscre
Added: Jan 25, 2023 Changed: Oct 25 Last Checked: Oct 26 at 8:23PM

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 Douglas Commercial

Rey
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Investment Insights

Based on property information with market context.

This former Bank of America building, totaling 416 square feet, is available for lease. It features a drive-through and a built-in ATM. The property can be retrofitted for various uses, including fast service restaurants, coffee shops, smoothie shops, bakeries, or medical marijuana dispensaries. The location benefits from over 68 feet of road frontage and a daily traffic count of 60,000 vehicles. The property includes two pylon signs. Situated along Route 1 near the NSA and Fort Meade, it offers convenient access to the ICC and I-95. The property is centrally located between Baltimore and Washington, DC. The lease rate is $95,000 per year.

Key Highlights

  • High traffic location: See 60,000 cars daily with 68+ feet of road frontage.
  • Former Bank of America building: Equipped with drive‑through and ATM.
  • Versatile space: Easily retrofitted for various businesses (fast service, coffee, dispensary, etc.).

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Banks

Lease Details

NNN (Triple Net)
Lease Type
$34.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Bank - Former Bank of America with drive-thru, high traffic location.
Where is this bank located?
The property is located at 8509 Oak St Laurel, MD.
What is the lease rate?
The lease rate is $7,917/Mo.
What are key features of this property?
This property features: High traffic location: See 60,000 cars daily with 68+ feet of road frontage.; Former Bank of America building: Equipped with drive‑through and ATM.; Versatile space: Easily retrofitted for various businesses (fast service, coffee, dispensary, etc.).
(301) 655-8253 Call to check price and availability
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