5501 Pennington AveBaltimore, MD 21226

For Lease
$0-$6 /SF/YR

Prime Warehouse & Distribution Space

Overview

Added:
Dec 11, 2024
Days on market:
92
This Baltimore City County industrial property at 5501 Pennington Ave, zip code 21226, offers 140,325 square feet of warehouse and distribution space across multiple buildings on approximately 41 acres. Currently, 16,000 square feet is vacant, presenting a leasing opportunity. The property features 16-foot ceilings, seven loading docks, and one drive-in door. It benefits from a strategic location in Curtis Bay, offering direct access to the Port of Baltimore waterways, CSX Railway, and major highways including I-895, I-95, and I-695. Zoned M-I and I-2, this property is situated within an Opportunity Zone, making it eligible for various economic incentives. The property consists of four individual tax parcels and is suitable for short-term and long-term leases. The site previously housed the Origin Americas Headquarters. This unique offering provides prime marine industrial land and buildings in a land-constrained market. Lot size is approximately 0.5 acres. Multiple tenancy is available.

Highlights

  • Below-market lease rate: $6.00/SF (gross).
  • 16,000 SF warehouse.
  • 0.5-acre paved outdoor storage area.
  • Additional acreage available.
  • Flexible lease terms (short and long-term).
  • Direct Port of Baltimore waterway access via primary pier.

Unit(s) available at that property

Space
Warehouse
Size
16,000 SF
Rate per SF
$6
Space
Shed
Size
47,082 SF
Space
Available Lot 1
Size
200,376 SF
Space
Available lot 2
Size
148,104 SF
Space
Available Lot 3
Size
87,120 SF
Space
Available Lot 4
Size
583,704 SF

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2170137
Longitude
-76.5855756
5501 Pennington Ave, Baltimore, Maryland

FAQs

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5501 Pennington Ave
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