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Turnkey Flex Space with Warehouse
For Lease
Contact for pricing

941 Mercantile Dr, Hanover, MD

Flex space with office layout and warehouse with dock doors.

Space Size5,520 SF
Lot Size16.45 Acres
Days on Market315

Property Features for 941 Mercantile Dr

General Information

Standard status Active
Size 5,520 SF
Lot size 16.45 Acres
Property subtype FLEX_R_AND_D
Lease Type NNN

Spaces For Lease

at 941 Mercantile Dr
Arundel Overlook AVAILABLE, Now
Floor 1
Size 5,520 SF
Type FLEX_R_AND_D
Rate Contact for pricing
Sublease No
- Arundel Overlook is conveniently located off MD Rt. 176 with easy connections to MD Rt. 100 & Md. Rt. 295, as well as I-95 and I-97. The 68-acre Anne Arundel County business community includes 312,840 square feet of flex/R&D space, strategically located near BWI Airport and Fort Meade, with easy connections to Baltimore and Washington D.C., as well as Annapolis and Columbia. - Construction: Brick on block - Ceiling Height: 16 – 18 ft. clear minimum - Parking: 4 spaces per 1,000 - Zoning: W-1 - 1,834 sq. ft. office, 3,206 sq. ft. warehouse with private offices (4), a large conference room, and a large break area
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Listing Agency: St. John Properties - Corporate
Listed By: Lacey Johansson
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 18 Last Checked: Oct 4 at 12:37PM

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 St. John Properties - Corporate

Investment Insights

Based on property information with market context.

This property offers a turnkey flex space solution, complete with furnishings. The office area is configured with a reception area, conference room, multiple offices, a copy room, and a kitchen breakroom. The warehouse component features an 18-foot clear height and is equipped with two dock doors.

Key Highlights

  • Turnkey flex space with furnishings included
  • Warehouse with 18’ clear height
  • Two dock doors for warehouse access

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Parking Lot & Garage

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
$2.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space with office layout and warehouse with dock doors.
Where is this flex space located?
The property is located at 941 Mercantile Dr Hanover, MD.
What is the lease rate?
The lease rate is $17.32 SF/Yr.
What are key features of this property?
This property features: Turnkey flex space with furnishings included; Warehouse with 18’ clear height; Two dock doors for warehouse access
(410) 369-1229 Call to check price and availability
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