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Second-Floor Office Suite
For Lease
$2,500/Mo

8740 CHERRY LANE, Laurel, MD 20707

Three private offices accompany an open work area, kitchenette, and dedicated restroom.

Space SizeContact for details
Property Size1,800 SF
Days on Market133

Property Features for 8740 CHERRY LANE

General Information

Standard status Active
Size 1,800 SF
Property subtype Office

Space & Availability

Floor 2
Space Use Office
Private Offices 3

Additional Details

Highway Access Yes

Amenities

kitchenette
private restroom

Building Details

Building Size 1,800 SF
Year Built 1990
Listing Agency: Gallery Collective
Listed By: Thomas Mathis
Source: Gallerycollectivere
Added: Jun 18 Changed: Oct 27 Last Checked: Oct 27 at 3:53AM

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 Gallery Collective

Rey
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Investment Insights

Based on property information with market context.

This second-floor office suite at Cherry Lane Business Center combines three enclosed offices with a larger shared work area. A kitchenette and private restroom are also part of the layout, with on-site parking available.

The Laurel business park location provides access to I-95, Route 1, and the Baltimore-Washington Parkway. The suite is within reach of Washington, DC, Baltimore, BWI Airport, and Fort Meade.

Key Highlights

  • Second‑floor suite in Cherry Lane Business Center
  • Three private offices plus an open work area
  • Kitchenette and private restroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Pet Grooming Service Parking Lot & Garage Florist Restaurant

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
$2.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,680
Businesses Nearby

Demographics for 20707, MD

37,702
Population
15,146
Households
2.5
Avg Household Size
37
Median Age
45%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
2,992
Density / Sq Mi
$104,093
Median Household Income
$58,633
Median Earnings
$1,880
Median Rent
$411,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Laurel, MD

$17.8 /SF/Yr
Avg Asking Price
$3.03–$24 /SF/Yr
Price Range
17,945 SF
Avg Space Size

This space is priced 6% below the average of $17.8 /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

Frequently Asked Questions

What type of property is this?
Office unit - Three private offices accompany an open work area, kitchenette, and dedicated restroom.
Where is this office unit located?
The property is located at 8740 CHERRY LANE Laurel, MD.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Second‑floor suite in Cherry Lane Business Center; Three private offices plus an open work area; Kitchenette and private restroom
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