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    FOR LEASE
    Office buildings

    6085 Marshalee Dr, Elkridge, MD 21075

    82,935 SF 13.37 ac lot Built 2001
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US40-0029646
    Property summary
    AI-generated overview

    This Class A office building, Lyndwood Executive Center 1, located at 6085 Marshalee Dr, Elkridge, MD 21075, offers exceptional executive office suites for lease in Howard County. The property boasts a total of 82,192 square feet, with a range of flexible spaces available to accommodate various business needs. Currently, there are 33,420 square feet of vacant space, offering immediate occupancy opportunities. Units range from a minimum of 1,419 square feet to a maximum contiguous space of 10,842 square feet, providing scalability for growing businesses. The building's prime location in Elkridge, Maryland ensures easy access to major transportation routes and amenities. Ideal for businesses seeking a prestigious and functional workspace, this property presents a unique opportunity to establish a strong presence in a thriving business community. The multiple tenancy structure allows for a diverse and collaborative environment. Contact us today to explore the available spaces and discover how Lyndwood Executive Center 1 can meet your business requirements. This is a fantastic opportunity to secure high-quality office space in a desirable location. The building's Class A designation reflects its superior construction, amenities, and overall quality.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 82,935 SF
    Lot 13.37 ac (582,397 SF)
    Zoning code PEC
    APN 01-275070
    UPID US40-0029646
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $22.06M
    Blend (final) Blend
    $22.23M
    Owner & transaction history
    Merritt-cptf Lyndwood LLC · 6 yrs held
    Merritt-cptf Lyndwood LLC
    since 2020
    Last sale
    $23.0M
    7 recorded transactions
    2020
    2020
    $23.0M
    2008
    $619,015
    2007
    $1.5M
    2007
    $342,474
    2006
    $801,365
    2000
    $3.6M
    Zoning & alternative use
    PEC · Elkridge, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $30.6M +118.9%
    Retail stores $24.8M +77.3%
    Warehouse, storage $15.1M +8.4%
    Try Rey
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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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