Caton 95 Office Park
1501, 1521 & 1531 S. Edgewood Street
Baltimore, MD 21227
FOR SALE
Property Type:
Multi Tenant OfficeAmount:
$5,950,000
Last Verified:
Aug 09, 2023Highlights
- 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