Leonardtown Office/Retail
For Lease
$13 SF/Yr NNN
40855 Merchants Ln, Leonardtown, MD 20650
Customizable 500 SF space in a desirable location.
Space SizeContact for details
Days on Market136
Property Features for 40855 Merchants Ln
General Information
Standard status
Active
Building Details
Year Built
2006
Listing Agency:
CENTURY 21 Commercial New Millennium
Listed By:
James Marcum · License #5005906
(443) 624-3585
Source:
Kandorre
Added: Apr 22
Changed: Sep 3
Last Checked: Sep 4 at 11:06AM
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 CENTURY 21 Commercial New Millennium
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.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 20650, MD
15,298
Population
6,158
Households
2.5
Avg Household Size
41
Median Age
42%
College-Educated
92%
High-School Grad
61.4 sq mi
ZIP Area
249
Density / Sq Mi
$139,688
Median Household Income
$75,758
Median Earnings
$1,726
Median Rent
$464,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 Leonardtown, MD.
What is the lease rate?
The lease rate is $13 SF/Yr.
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.
