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Office Building with Free Parking
For Lease
$7,916/Mo

4221 FORBES Boulevard, Lanham, MD 20706

CommercialLease - LANHAM, MD

Space SizeContact for details
Days on Market77

Property Features for 4221 FORBES Boulevard

General Information

Property type Other
Property subtype Office
Parking 52
Parking features Parking Lot
Elementary school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status Active

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1989
Building materials Brick
Listing Agency: The Velocity Group, LLC.
Listed By: Andre P Smith · License #06204
Added: Jun 15 Changed: Jun 22 Last Checked: Aug 30 at 11:06PM
MLS# MDPG2207086

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Forbes Center III is a 50,800-square-foot office building designed for a professional workplace experience. The building features a modern lobby with multiple entrances and provides abundant free parking. Outdoor amenities include park-like setting with outdoor seating areas.

The property offers visibility fronting Forbes Boulevard and is positioned near Vista Gardens Shopping Center, with nearby amenities including Jacks Deli and Bowie Town Center. Access is supported by close proximity to Route 50 and I-95/495, as well as New Carrollton Metro Station and Amtrak.

For tenants seeking an office environment with parking, multiple entry points, and outdoor seating, Forbes Center III provides a readily accessible base in Prince George’s County’s business corridor.

Key Highlights

  • 50,800 SF office building, Forbes Center III
  • Brick construction with forced‑air heating and central air conditioning
  • Parking lot on‑site with abundant free parking

Property Analytics

Current Use

Community Therapeutic Center Medical Clinic Robert Holmes, Village ... Real Estate Agency Village Premier Collection ... Real Estate Agency Chadd Inc Charitable Organization Tayored Custom Teez Clothing Store

Suggested Use

Top Pick Dental Office Restaurant Auto Repair Shop Auto Parts Store Parking Lot & Garage Hotel & Motel

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$0.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,218
Businesses Nearby

Demographics for 20706, MD

43,623
Population
13,799
Households
3.2
Avg Household Size
36
Median Age
34%
College-Educated
83%
High-School Grad
10.0 sq mi
ZIP Area
4,362
Density / Sq Mi
$100,061
Median Household Income
$44,032
Median Earnings
$1,797
Median Rent
$408,600
Median Home Value

Market

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Forbes Center III is an office building featuring a modern lobby and abundant free parking.
Where is this office building located?
The property is located at 4221 FORBES Boulevard Lanham, MD.
What is the lease rate?
The lease rate is $7,916/Mo.
What are key features of this property?
This property features: 50,800 SF office building, Forbes Center III; Brick construction with forced‑air heating and central air conditioning; Parking lot on‑site with abundant free parking
More about this property
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