View
3
Download
0
Category
Preview:
Citation preview
For more information about this unique offering, please contact:Chris Smith • 410-472-3510 x108 • csmith@trialliance.com Sparky Sharpless • 410-472-3510 x100 • ssharpless@trialliance.com
CRAIN TOWERS1600 CRAIN HIGHWAY
GLEN BURNIE, MARYLAND 21061• 830 - 4,827 sq. ft. available• Free surface parking• Six story class A Medical Office building
with excellent visibility fronting Route 100
• Building has a three-story atrium & marble flrs• Advanced Radiology, labcorp and pharmacy
on site• Excellent access to I-695, I-95, Route 100 & 97
All information furnished regarding property for sale, rent, exchange or financing is from sources deemed reliable. No representation is made as to the accuracy thereof and it is
submitted subject to errors, omissions, changes with other conditions, including withdrawal without notice.
913 Ridgebrook Road, Suite 100, Sparks, MD 21152 ▲Tel: 410-472-3510 ▲ Fax: 410-472-3514 ▲ www.trialliance.com
▲ Commercial Real Estate Services ▲
CRAIN TOWERS MEDICAL / OFFICE SPACE
OFFERED FOR LEASE
ADDRESS: 1600 Crain Highway Glen Burnie, Maryland 21061 TOTAL SQUARE FEET: 73,714 rentable square feet AVAILABLE SPACE: 2nd Floor 1,463 & 1,893 s.f.
3rd Floor 3,326 s.f. (Available 1/1/17) 5th Floor 920-4,616 s.f. 6th Floor 830 s.f.
BASE RENTAL RATE: 2nd – 6th Floors $21.00 - $26.00 r.s.f. LEASE TYPE: Modified Full Service - Net of electric. The Base
Rent shall include the operating expenses and real estate taxes. Weekday janitorial services provided by Landlord.
ESCALATION CLAUSE: 3% per annum LEASE TERM: 3 – 10 years PUBLIC FACTOR: 12% included in the rentable square feet PARKING RATIO: 6.0 per 1,000 s.f. (free lighted surface parking) 300 total spaces serve the property ELEVATOR: Three (3) CEILING HEIGHT: 9’ under dropped ceiling EXTERIOR CONSTRUCTION: Brick and Glass FLOOR CONSTRUCTION: Concrete ELECTRIC SERVICE: 200 amp service panel HVAC SYSTEM: Gas fired heat with digital programmable
thermostat controlled by Tenant SPRINKLER: Fully sprinklered wet system
UTILITIES: Public Water & Sewer, Electric, CA TV, Verizon FIOS and Telephone
BUSINESS HOURS OF BUILDING: 24-Hour Access ZONING: C2 (Anne Arundel County) TENANT IMPROVEMENTS FOR LEASING: Negotiable ADDITIONAL INFORMATION: A six (6)-story class A Medical Office building and
landmark building, with excellent visibility and frontage on Maryland Route 100.
The building has a three-story atrium, marble floors, covered drop area for patient and three (3) high-speed elevators. One of Glen Burnie and the surrounding area's best buildings. Located in the Baltimore Washington Medical
Center "hub" of medical office buildings along the North Crain Highway (Rt 2) and Hospital drive.
Situated on Crain Highway in the North West quadrant of the Route 100 cross over and next to the Hospital Drive/Crain Highway intersection.
FOR ADDITIONAL INFORMATION: TriAlliance Commercial Real Estate Services, LLC
www.trialliance.com
Christopher C. Smith, SIOR Phone: 410-472-3510 x 108 Email: csmith@trialliance.com
Sparky Sharpless Phone: 410-472-3510 x 100
Email: ssharpless@trialliance.com
913 Ridgebrook Road, Suite 100, Sparks, MD 21152 ▲ Tel: 410-472-3510 ▲ Fax: 410-472-3514 ▲ www.trialliance.com
▲ Commercial Real Estate Services ▲
Crain Towers 1600 Crain Highway, Glen Burnie, MD 21061
Available Suites and Pricing
* Modified Full Service Lease Structure – The Rent includes the Operating Expenses and Real Estate Taxes. Tenant pays for separately metered electric. Weekday janitorial services provided by Landlord. ** Suites 502, 504, 506 & 508 can combine for 4,616 RSF.
SF Base Rent (RSF)* Status
SECOND FLOOR
SUITE 207 1,463 $25.00 RSF Available SUITE 208 1,293 $25.00 RSF Available
SUITE 210 1,893 $25.00 RSF Available
THIRD FLOOR
SUITE 302 3,326 $21.00 - $25.00 RSF Available 1/1/17
FIFTH FLOOR
SUITE 502** 1,110 $21.00 - $25.00 RSF Available SUITE 504** 920 $21.00 - $25.00 RSF Available
SUITE 506** 1,283 $21.00 - $25.00 RSF Available SUITE 508** 1,303 $21.00 - $25.00 RSF Available SUITE 510 2,014 $21.00 - $25.00 RSF Available
SIXTH FLOOR
SUITE 609 830 $26.00 RSF Available
1600 CRAIN HIGHWAY
UM BALTIMORE WASHINGTON MEDICAL CENTER
SOUTHGATE SHOPPING CENTER
HOSPITAL DRIVECR
AIN
HIG
HW
AY
- 3B
US
Addison, Aisha, (C.R.N.P.) Advanced Radiology (MRI) Aggarwal, Monica, M.D. (Cardiology) Ahmed, Hina N., M.D. Ahuja, Samir, M.D. Antonpoulos, Christina, M.D. Ashruf, Salman, M.D. (Plastic & Hand Surgery) Bahethi, Bhawna, M.D. (Internal Medicine) Baron, Matthew, M.D. (Internal Medicine) Batcha, Kamal, M.D. (Pulmonary Medicine & Critical Care) Baum, Richard A., M.D. (Gastro & Hepatology) Bay Area Ortho & Sports Medicine Bay Area Physical Therapy, LLC Beck, Christine E., O.D. (Consultative Optometrist) Berkman, Aron W., M.D. (Oncology & Hematology) Brown, Stephen, M.D. (Orthopaedic Surgery) Buchanan, Laura, P.T.A. Burke, Timothy, M.D. (Neurosurgery) Byrne, Rory C., M.D. Campbell, Kurtis, M.D. (Surgical Oncology) Caparros, Raymundo, M.D. (Pulmonary Medicine & Critical Care) Capitol Plastic Surgery Center for Vascular Medicine, LLC Center for Vein Restoration Chhabra, Sawhney, Hanita M.D. & Association Crain Towers Pharmacy Cyriac, C.V., M.D. (Internal Medicine) Daly, Michael, M.D. Davis, Susan (D.S.C.P.T.) Dinc, Merit, M.D. (Obstetrics & Gynecology) Doh, Sang C., M.D. (Internal Medicine) Doukas, William, M.D. East West Pediatrics, LLC Fisher, Richard E., M.D. (Internal Medicine) Frank, Emily (O.D.) Fulton, Edwin, M.D. (Orthopaedic Surgery) Garcia, Ivan, M.D. Giadom, Barinada, M.D. (FAAP) Glen Burnie Personal Physicians Hagan, Matilda, M.D. (Gastroenterology/IB) Han, Joshua, C.R.N.P. Hawkins, Soyini, M.D. (Gynecology) Jagannath, Sanjay, M.D. (Gastroenterology) Jassi, Sukhpal, M.D. (Internal Medicine) Jeevan, Thirumalairaj, M.D. (Pulmonary Medicine & Critical Care) Jutton, Jerrylyn, M.D. Kahn Brothers Incorporated Karipineni, Rani, M.D. (Internal Medicine) Kim, David D., M.D. Kim, Sung E., M.D. (F.A.C.O.G. Obstetrics & Gynecology) Kurian, George, M.D. (Gastroenterology) Karl Krantz, MPT Kristo, Blaine, M.D. (Urology) Reed Kroncke, MPT Labcorp Lakhanpal, Gaurav, M.D. (FACC) Lakhanpal, Sanjiv, M.D. (FACS)
Lee, Brian, M.D. Littleton, Kamela, M.D. (Orthopedics & Joint Replacement) Lucas, Paul, M.D. (Vascular Surgery) Dr. Majekodunmi Malone, Michael, M.D. (F.A.C.S.) Maryland Brain, Spine & Pain Maryland Physical Therapy Maryland Pulmonary & Critical Care Group McDevitt, Edward R., M.D. (Orthopedics) Meenaghan, Nora, M.D. (Minimally Invasive Surgery) Mercy Vascular Center Messick, Alina (P.A.-C) Militano, Thomas, M.D. (F.A.C.S.) Milman, Angela (F.N.P. B.C.) MRI Mumtaz, Anwar, M.D. My Mental Health, LLC Eric Myers (PTA) Ear, Nose & Throat/Head & Neck Surgery Nanavati, Vipul, M.D. (Orthopedics & Upper Extremity) Nargund Varada (D.O.) National Health Laboratories National Spine & Pain Centers Navarro, Adela, M.D. (F.A.C.O.G.) Nguyen, Khanh (D.O.) Nwodim, Emeka, M.D. Omni Eye Specialists Park, Charles, M.D. (Neurosurgery) Park, Justin, M.D. Patel, Kruti, (P.A.-C) Rohr, Keith B. (P.T.) Rosado-Adams, Noel, M.D. Rostkowski, Amanda, M.D. (Gynecology) Rushovich, Errol, M.D. (Endocrinology) Salman, Ashruf, M.D. Satwah, Vinay (D.O., F.A.C.O.I. RPVI) Sawhney, Daljit, M.D. (Internal Medicine) Schwartz & Spind (Family Eye Care) Seff, Ronald A., M.D. Shaikh, Naomi, M.D. Singh, Iqbal, M.D. (Neurologist) Skiendzielewski, J. Andrew (D.O.) Smart Lipo Center Glen Burnie Smith, Garrick (C.R.N.P.) Sood, Vivek, M.D. (Orthopaedic Surgery) Spind, Stuart B. (O.D.) Sufian, Shekeeb, M.D. (F.A.C.S.) The Spine Center (Ambulatory Surgery Center) TMS Neurohealth Centers Universal Health Braces & Supports Vascular Imaging Associates, LLC Wahi, Rakesh, M.D. Wasloski, Edward (O.D.) Women’s Health of Maryland Wu, Charles, M.D. (Internal Medicine) Yoo, Hwan, M.D. (Gastroenterology & Liver Disease) Zamfirov, Zvezdomir, M.D.
$23.16
74.4%
18,874 SF
11,094 SF
73,714 SF
Class A Office
Rent/SF/Yr:
% Leased:
Total Available:
Typical Floor:
RBA:
Building Type:
AClass:
Radius 1 Mile 3 Mile 5 Mile
Population
2021 Projection 19,808 89,830 192,355
2016 Estimate 19,190 86,166 184,043
2010 Census 19,094 81,302 171,216
Growth 2016 - 2021 3.22% 4.25% 4.52%
Growth 2010 - 2016 0.50% 5.98% 7.49%
2016 Population by Hispanic Origin 2,075 7,426 13,597
2016 Population 19,190 86,166 184,043
White 11,860 61.80% 61,035 70.83% 128,454 69.80%
Black 5,469 28.50% 17,540 20.36% 39,408 21.41%
Am. Indian & Alaskan 79 0.41% 433 0.50% 823 0.45%
Asian 885 4.61% 3,931 4.56% 8,911 4.84%
Hawaiian & Pacific Island 120 0.63% 249 0.29% 400 0.22%
Other 776 4.04% 2,979 3.46% 6,046 3.29%
U.S. Armed Forces 123 450 1,596
Households
2021 Projection 8,059 34,602 71,196
2016 Estimate 7,808 33,185 68,082
2010 Census 7,786 31,328 63,235
Growth 2016 - 2021 3.21% 4.27% 4.57%
Growth 2010 - 2016 0.28% 5.93% 7.67%
Owner Occupied 3,340 42.78% 20,454 61.64% 47,412 69.64%
Renter Occupied 4,468 57.22% 12,730 38.36% 20,670 30.36%
2016 Households by HH Income 7,806 33,185 68,081
Income: <$25,000 1,432 18.34% 5,078 15.30% 8,512 12.50%
Income: $25,000 - $50,000 1,926 24.67% 7,180 21.64% 12,601 18.51%
Income: $50,000 - $75,000 1,509 19.33% 6,030 18.17% 11,626 17.08%
Income: $75,000 - $100,000 1,233 15.80% 5,321 16.03% 10,882 15.98%
Income: $100,000 - $125,000 619 7.93% 2,877 8.67% 7,065 10.38%
Income: $125,000 - $150,000 536 6.87% 2,506 7.55% 5,778 8.49%
Income: $150,000 - $200,000 370 4.74% 2,320 6.99% 6,573 9.65%
Income: $200,000+ 181 2.32% 1,873 5.64% 5,044 7.41%
2016 Avg Household Income $71,581 $85,916 $96,909
2016 Med Household Income $58,294 $68,383 $77,990
Demographic Summary Report
Crain Towers1600 Crain Hwy, Glen Burnie, MD 21061
Copyrighted report licensed to TriAlliance Commercial RE Services, LLC - 60880.10/10/2016
Page 1
$23.16
74.4%
18,874 SF
11,094 SF
73,714 SF
A
Class A Office
Rent/SF/Yr:
% Leased:
Total Available:
Typical Floor:
RBA:
Class:
Building Type:
Street Cross Street Cross Str DistCountYear
Avg DailyVolume
VolumeType
Miles fromSubject Prop
1 Paul Pitcher Memorial Hwy Crain Hwy S 0.03 NW 2014 90,084 MPSI .08
2 Crain Hwy S Hospital Dr 0.07 S 2014 18,407 MPSI .10
3 Old Stage Rd Hillcrest Rd 0.03 S 2014 6,161 MPSI .12
4 Old Stage Rd Old Stage Ct 0.04 N 2014 6,713 MPSI .18
5 Mayo Rd Crain Hwy S 0.02 E 2014 3,854 MPSI .21
6 Hospital Dr Mount Ridge Dr 0.09 E 2014 6,941 MPSI .22
7 Mayo Rd Old Stage Rd 0.04 E 2014 3,577 MPSI .23
8 Crain Hwy S Mayo Rd 0.06 N 2014 20,607 MPSI .27
9 Crain Hwy S Madison Park Dr 0.02 N 2014 20,380 MPSI .37
10 Old Stage Rd William St 0.04 SE 2012 6,400 AADT .39
Traffic Count Report
Crain Towers1600 Crain Hwy, Glen Burnie, MD 21061
Copyrighted report licensed to TriAlliance Commercial RE Services, LLC - 60880.10/10/2016
Page 2
Recommended