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Leonardtown Office Space for Lease

41625 Park Ave Unit 300, Leonardtown, MD 20650

For Lease
$24 SF/Yr Modified Gross

Prime office space in the heart of Leonardtown, Maryland.

Space SizeContact for details
Days on Market202

Property Features for 41625 Park Ave Unit 300

General Information

Standard status Active

Building Details

Year Built 1965
Listing Agency: Berkshire Hathaway HomeServices PenFed Realty
Listed By: Thomas F. McKay · License MD #5015207
Source: Lgagne
Added: Apr 24 Changed: Oct 26 Last Checked: Oct 7 at 1:32PM

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 Berkshire Hathaway HomeServices PenFed Realty

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Investment Insights

Based on property information with market context.

Suite 300 in the Drury Office Building offers approximately 1,230 square feet of commercial office space at 41625 Park Avenue, Suite 300, Leonardtown, Maryland. The suite is available for lease at $24.00 per square foot modified gross annual rent, providing a layout suitable for various professional office uses. Located in the heart of Leonardtown, the space features modern finishes and includes essential furnishings such as desks and chairs, which are negotiable. The property benefits from convenient access to local amenities and major transportation routes. Zoned for office use with a valid Certificate of Occupancy, this is an opportunity for businesses seeking a centrally located office environment in Southern Maryland. Electricity is included in the rent, while the tenant is responsible for CAM (Common Area Maintenance), internet, and property taxes. The property is within walking distance of Leonardtown Wharf Waterfront Park, the Arts & Entertainment District, and LTown Alley, with easy access to MD Route 5 and MD Route 4. Ample parking and building access are available for tenants and visitors. Flexible lease terms are available for this professionally managed property with responsive maintenance. A comprehensive building renovation was completed in 2006, including a full interior gut and the addition of elevator access.

Key Highlights

  • Prime location in the heart of Leonardtown, MD.
  • Competitive $24.00 per sq. ft. modified gross annual rent.
  • Approximately 1,230 sq. ft. of professional office space with a flexible layout.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Nexagen Networks, Inc. General Contractor Happy & Zen Crystals Metaphysical Supply Store Harborside Behavioral Health Medical Clinic Patina + Stone Studio Art Gallery Combs & Drury Insurance ... Insurance Agency

Suggested Use

Top Pick Building Supply Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store HVAC Service

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Leonardtown, MD

$11.92 /SF/Yr
Avg Asking Price
$4.5–$24 /SF/Yr
Price Range
6,385 SF
Avg Space Size

This space is priced 101% above the average of $11.92 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in St. Mary's County, MD

$18.42 Jul
$14.6 Aug
$12.98 Sep
$13.43 Oct

Properties on Market for Office Units in St. Mary's County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Prime office space in the heart of Leonardtown, Maryland.
Where is this office unit located?
The property is located at 41625 Park Ave Unit 300 Leonardtown, MD.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Leonardtown, MD.; Competitive $24.00 per sq. ft. modified gross annual rent.; Approximately 1,230 sq. ft. of professional office space with a flexible layout.
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