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Office Units with Multiple Entrances
For Lease
$5,416/Mo

4221 Forbes Boulevard Unit 260, Lanham, MD 20706

Professional office setting with convenient access, on-site parking, outdoor seating, and nearby retail amenities.

Space SizeContact for details
Property Size50,800 SF
Days on Market51

Property Features for 4221 Forbes Boulevard Unit 260

General Information

Standard status Active
Size 50,800 SF

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

modern lobby
free parking
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: Danmarpropertiesgroup
Added: Sep 8 Changed: Oct 25 Last Checked: Oct 28 at 1:33PM

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.

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Investment Insights

Based on property information with market context.

Forbes Center III is a 50,800-square-foot office property built in 1989, featuring a modern lobby, multiple entrances, abundant free parking, and outdoor seating areas within a park-like setting. The building fronts Forbes Boulevard and provides a professional environment for office users.

The property is positioned near Vista Gardens Shopping Center, Bowie Town Center, and Jacks Deli, with additional regional access via Route 50 and I-95/495. New Carrollton Metro Station and Amtrak are also nearby, supporting access for commuters and visitors.

Key Highlights

  • 50,800‑square‑foot office building constructed in 1989
  • Modern lobby with multiple entrances
  • Abundant free parking and outdoor seating areas

Property Analytics

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Open 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 Parking Lot & Garage Auto Repair Shop (Bike/Boat/Book/etc) Store Bakery Barber Shop

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lanham, MD

$18.28 /SF/Yr
Avg Asking Price
$15.5–$22.1 /SF/Yr
Price Range
16,638 SF
Avg Space Size

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 - Professional office setting with convenient access, on-site parking, outdoor seating, and nearby retail amenities.
Where is this office unit located?
The property is located at 4221 Forbes Boulevard Unit 260 Lanham, MD.
What is the lease rate?
The lease rate is $5,416/Mo.
What are key features of this property?
This property features: 50,800‑square‑foot office building constructed in 1989; Modern lobby with multiple entrances; Abundant free parking and outdoor seating areas
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