4380 Forbes BlvdLanham, MD 20706

For Sale
Call for price

115,831 SF Mixed-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Lanham, Maryland property presents a compelling investment opportunity for owner-users or value-add investors. The 115,831 square foot campus, situated on 5.52 acres, comprises two buildings totaling 115,831 square feet. Building 4400 offers 53,350 square feet, while Building 4380 provides 62,481 square feet of flexible office space. Currently, the property boasts 30% occupancy, with two national credit tenants contributing to existing rental income. The property features 18-foot ceilings, eight dock-high doors, and one loading dock, enhancing its functionality and appeal. Built in 1984, this Class B property is zoned I-E, providing versatility for various uses. Its strategic location offers convenient access to major transportation arteries, including I-495/I-95, Route 50, MD-193 (Greenbelt Road), and the New Carrollton Metro Station, ensuring excellent connectivity. This prime location, combined with the substantial square footage and existing income stream, makes this a rare and attractive investment prospect. The two-story buildings are connected by a party wall. This property offers significant potential for redevelopment and increased profitability. The property's size and location make it ideal for a variety of uses, from creative office spaces to light industrial applications.

Highlights

  • 115,831 SF multi-tenant office campus on 5.52 acres in Lanham, MD.
  • Two buildings totaling 115,831 SF (Building 4400: 53,350 SF, Building 4380: 62,481 SF).
  • 30% occupancy with two national credit tenants.
  • Features 18' ceilings, eight dock-high doors, and one loading dock.
  • Class B property, built in 1984, zoned I-E, with excellent access to major transportation arteries including I-495/I-95, Route 50, MD-193, and New Carrollton Metro.

Property Details for 4380 Forbes Blvd

Property type
Other specialty properties, Other office properties
Square Feet
115,831 SF
Class
B
Year Built
1984
Buildings
2
Stories
2
Lot Size (sq. ft)
240,451 SF

Location Insight

City
Lanham
County
Prince George's
State
Maryland
Latitude
38.9496408
Longitude
-76.8330055
4380 Forbes Blvd, Lanham, Maryland

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4380 Forbes Blvd
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