Listed By: Adam Nachlas, SIOR Show Phone

Source: Mackenziecommercial

Added: Apr 3 Changed: Aug 31 Last Checked: Sep 5 at 3:34AM

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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 Adam Nachlas, SIOR

Investment Insights

Based on property information with market context.

Overlook Center, situated at 5457 Twin Knolls Road in Columbia, Maryland, offers leasing opportunities for office spaces. The building benefits from its location in the heart of Columbia, providing convenient access to Route 29 and Route 175, and is located minutes from Downtown Columbia. The property features abundant free surface parking and is set within a private wooded environment.

Key Highlights

• Immediate access to Route 29 and Route 175
• Located in the heart of Columbia
• Minutes from Downtown Columbia

Property Analytics

Property Profile

Current Use

Golden Custom Printing Photography Service Magic Vending Big Box & Wholesale Store JL International, Inc. Big Box & Wholesale Store Protech Associates, Inc. (Bike/Boat/Book/etc) Store Unify Solutions Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Dental Office Storage Facility

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

815

Businesses Nearby

Explore this area Business Placement

Demographics for 21045, MD

39,321

Population

15,826

Households

2.5

Avg Household Size

38

Median Age

57%

College-Educated

94%

High-School Grad

9.7 sq mi

ZIP Area

4,054

Density / Sq Mi

$117,323

Median Household Income

$62,522

Median Earnings

$1,768

Median Rent

$438,500

Median Home Value

Market

Lease Benchmarks for Columbia, MD

$24 /SF/Yr

Avg Asking Price

$21–$28.5 /SF/Yr

Price Range

14,819 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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building in Columbia, MD with convenient highway access.

Where is this office building located?

The property is located at 5457 Twin Knolls Road Columbia, MD.

What are key features of this property?

This property features: Immediate access to Route 29 and Route 175; Located in the heart of Columbia; Minutes from Downtown Columbia