40855 MERCHANTS Ln 102 Leonardtown, MD 20650

Building Details

Year Built

2006

Listing agency Century 21 Commercial New Millennium j**@riptidegrp.com Show Phone

Listed by James Marcum · License #37294 Show Phone

Source Elliman

Added: Apr 22 Updated: Jul 10 at 1:20PM Checked: Jul 21 at 8:54AM

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Investment Insights

Based on property information with market context.

Located at 40855 Merchants Lane, Unit 102 in Leonardtown, this approximately 500 square foot suite presents an opportunity for small businesses. Delivered as a cold, dark shell, the space is customizable for office, retail, or service-based users. It includes a bathroom rough-in for future improvements. Front-facing windows provide natural light and visibility, overlooking the parking area. Access is via a shared foyer entrance with Suite 101. The property is anchored by tenants including physical therapy, pediatrics, and insurance services. Offered as a gross lease, the landlord covers all NNN expenses. A tenant improvement allowance is negotiable, with buildout considerations reflected in lease terms. The location is near downtown Leonardtown and major thoroughfares. The walk score is 44, indicating car-dependence, and the bike score is 34, indicating it is somewhat bikeable.

Key Highlights

• Prime Location: Minutes from downtown Leonardtown and major thoroughfares in St. Mary’s County.
• Customizable Space: Delivered as a cold, dark shell (approx. 500 SF) allowing for a tailored build‑out for office, retail, or service‑based businesses.
• Gross Lease: Landlord covers all NNN expenses, simplifying tenant budgeting.

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FAQs

What type of property is this?

Retail space - Customizable 500 SF space in a desirable location.

Where is this retail space located?

The property is located at 40855 MERCHANTS Ln 102 Leonardtown, MD.

What is the lease rate?

The lease rate is $1,800 /Mo.

What are key features of this property?

This property features: Prime Location: Minutes from downtown Leonardtown and major thoroughfares in St. Mary’s County.; Customizable Space: Delivered as a cold, dark shell (approx. 500 SF) allowing for a tailored build‑out for office, retail, or service‑based businesses.; Gross Lease: Landlord covers all NNN expenses, simplifying tenant budgeting.