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Columbia Gateway Industrial Building
For Lease
$13.50 SF/Yr

7020 Columbia Gateway Drive, Columbia, MD 21046

123,043 SF industrial building in Columbia Gateway Development.

Space SizeContact for details
Days on Market150

Property Features for 7020 Columbia Gateway Drive

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Baltimore
Listed By: Ryan Miller
Source: Cbre
Added: Mar 25 Changed: Aug 10 Last Checked: Aug 21 at 12:54PM

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 CBRE | Baltimore

Investment Insights

Based on property information with market context.

This 123,043 square foot industrial building features 80,000 square feet of warehouse space and 43,000 square feet of office space. The warehouse includes 5,467 square feet of refrigeration space and 8,739 square feet of freezer space. The building has a 21-foot clear height and 180 free surface parking spaces. The property is located in the Columbia Gateway Development and is situated within the new Eastern Howard County Enterprise Zone, seven miles from BWI. The clean warehouse is suitable for a specialized user. The current owner intends to lease back 40,000 to 50,000 square feet.

Key Highlights

  • Rare industrial building in Columbia Gateway Development.
  • 123,043 SF total space, featuring 80,000 SF warehouse & 43,000 SF office.
  • Benefit from 5,467 SF of refrigeration space & 8,739 SF of freezer space.

Property Analytics

Current Use

Young Life Howard ... Child Welfare Organization SUNRISE BEVERAGE COMPANY Big Box & Wholesale Store

Suggested Use

Top Pick Dental Office Auto Parts Store Spa & Massage Center Hair Salon Garden Center Skin Care Clinic

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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby
Well-served
Demand for This Use

Demographics for 21046, MD

16,023
Population
6,361
Households
2.5
Avg Household Size
37
Median Age
62%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,054
Density / Sq Mi
$126,549
Median Household Income
$70,187
Median Earnings
$2,099
Median Rent
$469,000
Median Home Value

Market

Lease Benchmarks for Columbia, MD

$12.21 /SF/Yr
Avg Asking Price
$8.99–$16 /SF/Yr
Price Range
85,459 SF
Avg Space Size

This space is priced 11% above the average of $12.21 /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
Rey
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Similar Off Market Nearby

  • Columbia Association RV Park 9450 Gerwig Ln, Columbia, MD 21046, United States
  • Columbia Association RV Storage 8711 Elias Howe Dr, Columbia, MD 21046

Frequently Asked Questions

What type of property is this?
Warehouse - 123,043 SF industrial building in Columbia Gateway Development.
Where is this warehouse located?
The property is located at 7020 Columbia Gateway Drive Columbia, MD.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Rare industrial building in Columbia Gateway Development.; 123,043 SF total space, featuring 80,000 SF warehouse & 43,000 SF office.; Benefit from 5,467 SF of refrigeration space & 8,739 SF of freezer space.
More about this property
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