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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 Market1327

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 Contact us

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...
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Listing Agency: Douglas Commercial
Listed By: Scott Douglas · License #580592
Source: Moodyscre
Added: Jan 25, 2023 Changed: Aug 8 Last Checked: Sep 12 at 7:24AM

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

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

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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
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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
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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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