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    1053 Maryland Rt 3 Gambrills, MD 21054

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Retail Space, High Traffic Area, Anne Arundel County

    Lot size:
    14,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents 1,200 square feet of space within the 14,500-square-foot Hopkins Business Center, a thriving strip center in Anne Arundel County. Built in 2000, the center enjoys a highly desirable location boasting high traffic volume, with 75,000 average daily traffic counts (ADT), ensuring excellent visibility and accessibility for your business. The property benefits from shared parking, providing ample space for customers and employees. This single-tenant space is ideally situated within a dense and rapidly growing market, in close proximity to the bustling Waugh Chapel Town Center. The center is anchored by the popular Molloy's Pub, drawing significant foot traffic and creating a vibrant commercial environment. The available space offers a fantastic chance to establish or expand your retail presence in a prime location with strong existing infrastructure and a proven track record of success. The 1,200 square feet provides ample room for a variety of retail concepts, and the shared parking ensures convenient access for customers. This is a rare opportunity to secure a well-located retail space in a thriving commercial center. The property's strategic location and strong anchor tenant make it an attractive investment for businesses seeking high visibility and a robust customer base. Don't miss this chance to become part of a successful and growing commercial hub.

    Property Features for 1053 Maryland Rt 3

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,500 SF
    Total Rate
    34437.5

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Suite 4
    Size
    1,200 SF
    Rate per SF
    $28

    HighLights

    • 1,200 SF retail space available in a 14,500 SF strip center.
    • Single‑tenant occupancy.
    • Anchored by Molloy's Pub.
    • Shared parking with the 144,500 SF Hopkins Business Center.
    • High traffic count (75,000 ADT) with excellent visibility and accessibility.
    • Located in a dense, growing market near Waugh Chapel Town Center, Anne Arundel County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6701475
    Latitude
    39.0439857

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, High Traffic Area, Anne Arundel County
    Where is this neighborhood center located?
    The property is located at 1053 Maryland Rt 3 Gambrills, MD.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF retail space available in a 14,500 SF strip center.; Single-tenant occupancy.; Anchored by Molloy's Pub.
    Request Owner's contact information
    1053 Maryland Rt 3 Gambrills, MD 21054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1053 Maryland Rt 3 Gambrills, MD 21054
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