Listing Agency: MacKenzie Commercial Real Estate | Baltimore Show Phone

Listed By: James "Jim" Grieves, Jr.

Source: Moodyscre

Added: Feb 7, 2023 Changed: Jul 6 Last Checked: Jul 21 at 4:41AM

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Investment Insights

Based on property information with market context.

Office space is available for lease on Morton Street in Baltimore, Maryland. The property offers 6244 square feet of space suitable for office use.

Key Highlights

• Opportunity to lease office space
• Located on Morton Street in Baltimore, Maryland
• Commercial Real Estate Services listing

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Veterinary Clinic Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Restaurant

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

NNN (Triple Net)

Lease Type

$2.32 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,539

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Baltimore, MD

$16.8 /SF/Yr

Avg Asking Price

$2.52–$33.33 /SF/Yr

Price Range

17,959 SF

Avg Space Size

This space is priced 8% below the average of $16.8 /SF/Yr.

Vacancy Rate% for Office in Baltimore, MD

12.4% 2019

13.1% 2020

13% 2021

14.5% 2022

17.1% 2023

16.3% 2024

17.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for lease on Morton Street, Baltimore.

Where is this office units located?

The property is located at 1016 Morton St Baltimore, MD.

What is the lease rate?

The lease rate is $15.50 SF/Yr.

What are key features of this property?

This property features: Opportunity to lease office space; Located on Morton Street in Baltimore, Maryland; Commercial Real Estate Services listing