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Office Unit with Abundant Parking
New
For Lease
$7,916/Mo

4221 Forbes Boulevard Unit 220, Lanham, MD 20706

Professional office space with multiple entrances, outdoor seating, and convenient on-site parking.

Space SizeContact for details
Property Size50,800 SF
Days on Market1

Property Features for 4221 Forbes Boulevard Unit 220

General Information

Standard status Active
Size 50,800 SF

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

modern lobby
multiple entrances
abundant free parking
park-like setting with outdoor seating areas

Building Details

Year Built 1989
Building Size 50,800 SF
Listing Agency: The Velocity Group, LLC.
Listed By: Andre P Smith · License #06204
Source: Fulcrum-residential
Added: Sep 5 Last Checked: Sep 5 at 2:59PM

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 The Velocity Group, LLC.

Investment Insights

Based on property information with market context.

Unit 220 provides 4,750 square feet of office space within Forbes Center III, a 50,800-square-foot building constructed in 1989. The property features a contemporary lobby, multiple entry points, abundant free parking, and outdoor seating areas in a park-like setting.

The building fronts Forbes Boulevard in Lanham and is positioned near Vista Gardens Shopping Center, Bowie Town Center, and Jacks Deli. Access to Route 50 and I-95/495, New Carrollton Metro Station, and Amtrak adds regional connectivity, with Washington, DC, Baltimore, and Annapolis within the surrounding service area.

Key Highlights

  • 4,750 SF office unit in a 50,800 SF building
  • Constructed in 1989
  • Modern lobby with multiple entrances

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
$3.00 /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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space with multiple entrances, outdoor seating, and convenient on-site parking.
Where is this office units located?
The property is located at 4221 Forbes Boulevard Unit 220 Lanham, MD.
What is the lease rate?
The lease rate is $7,916/Mo.
What are key features of this property?
This property features: 4,750 SF office unit in a 50,800 SF building; Constructed in 1989; Modern lobby with multiple entrances
More about this property
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