Lower-Level Office
For Lease
Contact for pricing
5 Park Place Unit 524, Annapolis, MD 21401
Lower-level office space includes on-site parking and convenient access to major highways.
Space Size1,625 SF
Property Size4,500 SF
Days on Market76
Property Features for 5 Park Place Unit 524
General Information
Standard status
Active
Size
1,625 SF
Net Rentable
1,310 SF
Class
B
Total Parking Spaces
20
Property subtype
Office
Space & Availability
Available Space
1,310-2,620 SF
Floor
Lower Level
Space Use
Office
Additional Details
Highway Access
Yes
Building Details
Building Size
4,500 SF
Year Built
1999
Tenancy
Multiple
Parking Ratio
4.44 per 1,000 SF
Spaces For Lease
at 5 Park Place Unit 524 Contact us- Size
- 1,625 SF
- Type
- Office
- Availability
- Active
First Floor
- Type
- Office
- Availability
- Active
Lower Level
Listing Agency:
Douglas Commercial
(301) 655-8253
Listed By:
Scott Douglas · License #MD 580592
Source:
Crexi
Added: Jun 17
Changed: Aug 30
Last Checked: Aug 30 at 7:08PM
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 Douglas Commercial
Investment Insights
Based on property information with market context.
Lower-level office units at 5 Park Place, Unit 524, in Annapolis offer 1,310 to 2,620 square feet of workspace. The property was built in 1999 and provides on-site parking with 20 spaces and a 4.44 parking ratio.
The location is off Bestgate Road, less than 2 miles from Annapolis Mall and Harker Place Shopping Center. Rte 50 and I97 provide access to major highway routes, while restaurants, gas stations, housing, and shopping are nearby.
The location is off Bestgate Road, less than 2 miles from Annapolis Mall and Harker Place Shopping Center. Rte 50 and I97 provide access to major highway routes, while restaurants, gas stations, housing, and shopping are nearby.
Key Highlights
- Lower‑level office units ranging from 1,310 to 2,620 SF
- 20 on‑site parking spaces with a 4.44 parking ratio
- Off Bestgate Road in Annapolis
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,637
Businesses Nearby
Explore this area
Business Placement
Demographics for 21401, MD
39,308
Population
19,293
Households
2
Avg Household Size
44
Median Age
61%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,975
Density / Sq Mi
$119,296
Median Household Income
$67,845
Median Earnings
$2,106
Median Rent
$580,600
Median Home Value
Market
Lease Benchmarks for Annapolis, MD
$28.31 /SF/Yr
Avg Asking Price
$16–$44.57 /SF/Yr
Price Range
2,909 SF
Avg Space Size
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Lower-level office space includes on-site parking and convenient access to major highways.
Where is this office units located?
The property is located at 5 Park Place Unit 524 Annapolis, MD.
What are key features of this property?
This property features: Lower‑level office units ranging from 1,310 to 2,620 SF; 20 on‑site parking spaces with a 4.44 parking ratio; Off Bestgate Road in Annapolis
