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    FOR LEASE
    Office buildings

    8638 Veterans Hwy, Millersville, MD 21108

    26,385 SF 2 ac lot Built 2004
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US40-1396488
    Property summary
    AI-generated overview

    Benfield Crossing presents a prime opportunity for businesses seeking Class A office space in the thriving Millersville submarket of Anne Arundel County. This single, three-story building, totaling 26,385 square feet, underwent a complete renovation in 2023, boasting modern aesthetics and functionality. Currently, there are two available suites, ranging from 1,837 to 2,159 square feet, perfect for a variety of businesses. The building features expansive window lines throughout, providing ample natural light. Common areas have been recently updated, creating a professional and inviting atmosphere. The property sits on two acres of landscaped grounds, offering abundant parking for tenants and visitors. Its strategic location just off I-97, with prominent pylon signage on Veterans Highway, ensures high visibility and easy access. The location provides exceptional connectivity to major roadways, including convenient access to I-695 (Baltimore Beltway), Route 50 (Annapolis and Washington, D.C.), and is within close proximity to Annapolis, Severna Park, Crofton, Fort Meade, and BWI Airport. Built in 2003, this property offers a blend of established infrastructure and modern upgrades, making it an ideal location for businesses seeking a prestigious and easily accessible office environment. Elevators are available for convenient access to all three floors. The property is classified as both Traditional and Medical Office space, making it suitable for a wide range of tenants. Currently, 3,159 square feet of space is vacant.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2004
    Total area 26,385 SF
    Lot 2 ac (87,120 SF)
    Zoning code C2
    APN 04-000-90213922
    UPID US40-1396488
    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
    • Kris Shenton, Loan Officer - First Home Mortgage Loan Service Bank
    • Melissa M Lambiasi Physician
    • Christine Dacosta Physician
    • Wendy McDowell Physician
    • Jessica Beall-Pierpoint Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.97M
    CAP Approach CAP
    $3.04M
    Comparable Approach Comparable
    $3.28M
    Blend (final) Blend
    $3.57M
    Owner & transaction history
    C&c Millersville LLC · 2 yrs held
    C&c Millersville LLC
    since 2023
    Last sale
    $3.5M
    7 recorded transactions
    2023
    $3.5M
    2020
    2020
    1969
    1969
    1969
    1969
    Zoning & alternative use
    C2 · Millersville, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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