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    Property profile & analytics
    FOR LEASE
    Super regional malls

    600 E Pratt St, Baltimore, MD 21202

    107,916 SF 1.05 ac lot Built 2005
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US40-1343343
    Property summary
    AI-generated overview

    Lockwood Place, located at 600 E Pratt St in Baltimore, MD 21202, presents a unique opportunity for retail businesses seeking high visibility and accessibility. This 3,200 square foot retail space is situated in a prime location at the intersection of Baltimore's business and entertainment districts, offering unparalleled exposure to a large and diverse customer base. The property is conveniently located steps away from major attractions such as The National Aquarium in Baltimore, Power Plant Live!, the Inner Harbor, and Baltimore's World Trade Center, ensuring consistent foot traffic and high brand visibility. The building boasts excellent signage opportunities along the heavily trafficked East Pratt Street, maximizing marketing potential. Furthermore, the adjacent Lockwood parking garage provides ample parking for customers and employees, with a total of 240 spaces available. This entire 3,200 square foot space is currently vacant, presenting a blank canvas for a new tenant to customize and develop. The property is classified as a shopping center with multiple suites, although this listing only includes the single, available 3,200 square foot unit. This exceptional location within Baltimore City County offers an unparalleled opportunity to establish a thriving retail presence in a vibrant and dynamic urban environment.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 2005
    Total area 107,916 SF
    Lot 1.05 ac (45,607 SF)
    Zoning code R-8
    APN 04-11-1384 -002
    UPID US40-1343343
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Storage Containers Baltimore Big Box & Wholesale Store Shipping Company
    • Marshalls Department Store
    • IHOP Restaurant
    • Burlington Clothing & Fashion Store
    • Cali Bad Credit Loans Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $16.61M
    Owner & transaction history
    Lockwood Retail LLC · 19 yrs held
    Lockwood Retail LLC
    since 2007
    1 recorded transaction
    2007
    Zoning & alternative use
    R-8 · Baltimore, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $24.9M +26.0%
    Restaurant $24.5M +24.2%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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