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Renovated Office Suite in Multi-Story Building
For Lease
$15.95 SF/Yr

4500 Forbes Blvd., Lanham, MD 20706

First-floor office suite available in a four-story building with newly renovated lobby and on-site parking.

Space Size4,150 SF - 5,000 SF
Property Size64,842 SF
Days on Market51

Property Features for 4500 Forbes Blvd.

General Information

Standard status Active
Size 4,150 SF - 5,000 SF
Class B
Property subtype Office
Lease Type Full Service
Lease Term Full Service

Additional Details

Highway Access Yes

Amenities

backup generator
renovated lobby

Building Details

Building Size 64,842 SF
Stories 4

Spaces For Lease

at 4500 Forbes Blvd. Contact us

1st floor $15.95 – $21.50/SF/Yr

Size
4,511 SF
Term
Negotiable
Contact us

4th floor $15.95 – $21.50/SF/Yr

Size
4,150 SF
Term
Negotiable
Contact us

4th floor $15.95 – $21.50/SF/Yr

Size
4,446 SF
Term
Negotiable
Contact us

4th floor $15.95 – $21.50/SF/Yr

Size
5,000 SF
Term
Negotiable
Contact us
Listing Agency: NAI Michael
Listed By: Andy Mayr, CCIM
Source: Naimichael
Added: Jul 25 Changed: Sep 11 Last Checked: Sep 12 at 5:21AM

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 NAI Michael

Investment Insights

Based on property information with market context.

This four-story office building offers a 4,511 SF first-floor suite available. The space is offered in “as is” condition for rating purposes, and the property features a newly renovated lobby under new ownership and management. Building amenities include a 150 kW backup generator.

Parking is available on site with 239 surface spaces and 52 covered spaces, with covered parking noted at 4/1,000 SF. The building is located about a half mile to the Capital Beltway (I-495) and the Route 50 interchange, providing convenient access to major routes.

The building supports maximum floor plates of 16,255 SF, offering flexibility for tenants seeking larger contiguous office requirements.

Key Highlights

  • Four‑story office building totaling 64,842± SF with newly renovated lobby
  • First‑floor suite available: 4,511 SF ($18.95/SF FS), rated based on "as is" condition
  • Max floor plates of 16,255 SF

Property Analytics

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Open Analytics

Current Use

HairAfare Inc (Bike/Boat/Book/etc) Store Wellness & Lifestyle Life Coach Enterprise Solutions Consulting Consultant Prackind, The Wellness Group Crisis Center My Way Wellness ... Counselor

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
$2.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,326
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
View Realmo Analytics

Market

Lease Benchmarks for Lanham, MD

$16.74 /SF/Yr
Avg Asking Price
$15.5–$20 /SF/Yr
Price Range
15,426 SF
Avg Space Size

This space is priced 5% below the average of $16.74 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - First-floor office suite available in a four-story building with newly renovated lobby and on-site parking.
Where is this office units located?
The property is located at 4500 Forbes Blvd. Lanham, MD.
What is the lease rate?
The lease rate is $15.95 SF/Yr.
What are key features of this property?
This property features: Four‑story office building totaling 64,842± SF with newly renovated lobby; First‑floor suite available: 4,511 SF ($18.95/SF FS), rated based on "as is" condition; Max floor plates of 16,255 SF
More about this property
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