Property profile

8152 Washington Blvd Laurel, MD 20794

OFF-MARKET
Retail properties & Spaces
23,000 SF Built 2011
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Property summary

AI-generated overview

Mission Place, located at 8152 Washington Boulevard in Jessup, Maryland (zip code 20794), offers exceptional executive office space within a vibrant mixed-use development. This Howard County property, built in 2011, boasts a total of 23,000 square feet of retail and office space, currently featuring 11,975 square feet of vacant space available for lease. The building comprises four total suites, with a minimum divisible space of 1,494 square feet and a maximum contiguous space of 4,967 square feet, providing flexibility for various business needs. The property benefits from its strategic location just off Washington Boulevard (US 1), providing excellent visibility and convenient access to major transportation arteries including MD Route 175 and I-95. This prime location draws from a strong commuter base, serving professionals working in Fort Meade and the surrounding employment hubs of Jessup, Savage, and Elkridge. The mixed-use nature of the development, which includes 262 luxury apartment units, ensures a thriving and active environment. Ample surface parking is available for tenants and their clients. This presents a unique opportunity to establish a presence in a high-traffic area with strong visibility and convenient access for employees and customers alike. The property is ideal for businesses seeking modern, efficient, and well-located office space in a dynamic community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2011
Total area 23,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8152 Washington Blvd Laurel, MD 20794
Laurel metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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