Caton 95 Office Park

1501, 1521 & 1531 S. Edgewood Street Baltimore, MD 21227

1501, 1521 & 1531 S. Edgewood Street, Baltimore, MD, 21227
1501, 1521 & 1531 S. Edgewood Street, Baltimore, MD, 21227
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$5,950,000
Last Verified:
Aug 09, 2023

Highlights

  • 83.27% Leased with upside potential
  • Multi-tenanted with quality tenants and staggered rollovers
  • Annual rent increases
  • All three buildings have new roofs, replaced 2019/2020
  • Strong leasing velocity
  • Immediate access to I-95 and I-695
  • High visibility location
  • Heavily trafficked sub-market
  • Easy access to points North and South including Washington D.C., only 35 miles away.
  • Close proximity to amenities
  • Overall lack of like/kind product in market
  • Large 3.71-acre site
  • Free surface parking for tenants at 4/1000 ratio
  • Public transportation accessibility
  • Retail redevelopment project has begun on adjacent parcel

Description

Prime Value Add office portfolio for sale

The portfolio consists of (3) single story office buildings (1501, 1521, &1531 S. Edgewood Street), totaling 48,127 Sq. Ft. and 15 Units.


Year Built: 1985
Building Size: 48127sq ft
Building Class: B
Lot Size: 3.71 acres

Map of 1501, 1521 & 1531 S. Edgewood Street, Baltimore, MD, 21227

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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