Building Details

Year Built 1987

Units 2

Listing Agency: Douglas Realty LLC s***@godouglasrealty.com Show Phone

Listed By: Steven Chapman · License #79485 Show Phone

Source: Elliman

Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:13PM

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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 Realty LLC

Investment Insights

Based on property information with market context.

This office space is conveniently located near BWI Airport and Northrop Grumman. The rental rate of $20 per square foot covers rent, electric, water, and sewage. The property features ample parking and a secure second-floor location. Several other office spaces of various sizes are also available.

Key Highlights

• Rent includes electric, water, and sewage.
• Convenient location near BWI and Northrop Grumman.
• Ample parking available.

Property Analytics

Property Profile

Current Use

Gladys D Green Restaurant Relational Excellence, LLC Medical Clinic Guardian Financial Advisory, ... Insurance Agency IBEW Banquet Hall Advocacy Group Champion National Security Security Service

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage Center Pharmacy

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

425

Businesses Nearby

Explore this area Business Placement

Demographics for 21061, MD

57,352

Population

23,196

Households

2.5

Avg Household Size

36

Median Age

26%

College-Educated

90%

High-School Grad

12.2 sq mi

ZIP Area

4,701

Density / Sq Mi

$86,081

Median Household Income

$48,429

Median Earnings

$1,661

Median Rent

$326,000

Median Home Value

Market

Lease Benchmarks for Glen Burnie, MD

$21.71 /SF/Yr

Avg Asking Price

$20–$35 /SF/Yr

Price Range

14,726 SF

Avg Space Size

This space is priced 8% below the average of $21.71 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Office space near BWI, rent includes utilities.

Where is this office units located?

The property is located at 898 AIRPORT PARK Rd 204 Glen Burnie, MD.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Rent includes electric, water, and sewage.; Convenient location near BWI and Northrop Grumman.; Ample parking available.