Power Technology Center
69,138 SF | 49% Leased | Office Building | Annapolis, MD 21401 | For Sale
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Office
- Square Feet
- 69,138 SF
Listing Contacts
Ryan Brassel
Verified Profile
John A. Rosso SIOR
Verified Profile
Colin Lennon
Verified Profile
- Property Info
Property Overview
Prominent Commercial Property For Sale in Annapolis. This value-add/investment and/or owner-occupant commercial property is highly visible from Rt. 50 with Premium building signage available (165,000 cars + per day). The 70,204 SF +/- building was originally constructed as a headquarters for a Finnish company in the late 1990s, and is suited on 9+ acres with W1 Zoning. There is ~35,000 SF available with ~35,000 SF leased, allowing for a terrific owner occupant opportunity with meaningful built-in cash flow in place. Property Owner just spent over $500,000 on capital improvements over last 12 months. The Power Technology Center provides very quick and convenient access to Defense Hwy, West Street, Route 50, and the greater Annapolis / DC Region. Expansive windows offer views of mature trees and lush greenery. The building boasts amazing views, ample parking (4 per 1000), and the opportunity to create a unique office environment to inspire clients and employees alike. Eight all-glass projecting bay areas create an ideal setting for conference rooms and collaborative work areas, while six balconies promote an atmosphere of open space and freedom. 201 Defense Highway also provides a purchaser with the opportunity for an adaptive reuse project considering the size of the overall site, the existing structure, and the current occupancy of the building. 201 Defense is truly an exceptional environment offering modern amenities and a creative, stimulating atmosphere.
Contact Broker for more Details
Contact Broker for more Details
Property Details
- Class
- A
- Year Built
- 1990
- Stories
- 3
- Property Subtype
- Medical, Distribution
- Lot Size (sq. ft)
- 418,176 SF
Highlights
- High Visibility
- High Ceilings in offices
- Unique feature of loading dock and freight elevator
- Abundance of natural light
- Campus like setting
- Premium Building Signage
Nearby Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].