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Flex/R&D Space in Gambrills
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980-987 Waugh Chapel Way, Gambrills, MD 21054

Flex/R&D space near Waugh Chapel Towne Centre.

Space Size2,361 SF - 12,192 SF
Property Size226,840 SF
Lot Size24.00 Acres
Days on Market137

Property Features for 980-987 Waugh Chapel Way

General Information

Standard status Active
Size 2,361 SF - 12,192 SF
Lot size 24.00 Acres
Property subtype Industrial, Office

Building Details

Building Size 226,840 SF
Tenancy Multiple

Spaces For Lease

at 980-987 Waugh Chapel Way Contact us

987 Waugh Chapel Way Suite F-G

Size
5,244 SF
Type
Industrial
Availability
Active
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980 Waugh Chapel Way A-M

Type
Industrial
Availability
Active
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981 Waugh Chapel Way A-M

Size
2,361 SF
Type
Industrial
Availability
Active
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982 Waugh Chapel Way A-M

Type
Industrial
Availability
Active
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982 Waugh Chapel Way C-D

Size
4,929 SF
Type
Industrial
Availability
Active
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982 Waugh Chapel Way J-M

Size
12,192 SF
Type
Industrial
Availability
Active
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983 Waugh Chapel Way D

Size
2,560 SF
Type
Industrial
Availability
Active
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984 Waugh Chapel Way A-E

Type
Industrial
Availability
Active
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985 Waugh Chapel Way C-F(front)

Type
Industrial
Availability
Active
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985 Waugh Chapel Way Suite A-B

Size
4,966 SF
Type
Industrial
Availability
Active
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987 Waugh Chapel Way A-G

Type
Industrial
Availability
Active
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Listing Agency: St. John Properties
Listed By: Michael Tait · License #MD
Source: Crexi
Added: Mar 26 Changed: Aug 8 Last Checked: Jul 19 at 5:24AM

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

Investment Insights

Based on property information with market context.

Waugh Chapel Business Park is a 24-acre business community in Gambrills, located adjacent to Waugh Chapel Towne Centre's retail, entertainment, and dining amenities. This Anne Arundel County business community features 226,840 square feet of flex/R&D space. Situated immediately off Crain Highway (MD Route 3), the park provides convenient access to Fort Meade, Baltimore, Annapolis, and Washington, D.C. via Interstate 97, MD Routes 32 and 175, and US 50. The community comprises seven flex/R&D buildings totaling 226,840 square feet, offering both dock and drive-in loading. The site will also include two additional retail buildings and a self-storage facility. Waugh Chapel Towne Centre is a main street-style shopping center with a variety of restaurants and amenities, including Target and Wegmans, as well as luxury single-family homes and multi-family rental units.

Key Highlights

  • Prime location directly adjacent to Waugh Chapel Towne Centre's retail, entertainment, and dining amenities.
  • Excellent accessibility to major transportation routes: Crain Highway (MD Route 3), Interstate 97, MD Routes 32, 175, and US 50.
  • Total of 226,840 square feet of flex/R&D space within the business park.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Building Supply Law Firm Hair Salon Electrical Service (Bike/Boat/Book/etc) Store

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

50
Businesses Nearby
Well-served
Demand for This Use

Demographics for 21054, MD

13,970
Population
5,377
Households
2.6
Avg Household Size
40
Median Age
58%
College-Educated
94%
High-School Grad
15.9 sq mi
ZIP Area
879
Density / Sq Mi
$153,976
Median Household Income
$67,193
Median Earnings
$2,351
Median Rent
$587,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Flex space - Flex/R&D space near Waugh Chapel Towne Centre.
Where is this flex space located?
The property is located at 980-987 Waugh Chapel Way Gambrills, MD.
What are key features of this property?
This property features: Prime location directly adjacent to Waugh Chapel Towne Centre's retail, entertainment, and dining amenities.; Excellent accessibility to major transportation routes: Crain Highway (MD Route 3), Interstate 97, MD Routes 32, 175, and US 50.; Total of 226,840 square feet of flex/R&D space within the business park.
More about this property
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