Cushman & Wakefield's National Industrial Advisory Group - Northeast Region is pleased to exclusively present the opportunity to acquire 2810 Lord Baltimore Drive, an 11.67-acre income producing site located in Windsor Mill, MD. 2810 Lord Baltimore Drive presents an industrial re-development opportunity with by right zoning (ML-IM: Light Industrial & Office Zoning).
The existing structure is a two (2) story, 225,424 square foot office building which is 84% leased to three (3) tenants with 1.64 years of weighted average lease term (WALT) and the ability to vacate all tenants at lease expiration. 2810 Lord Baltimore Drive will produce $4.8 million of contractual net income over the coming years (March 2024 – September 2026) while a new owner obtains approvals & permits to redevelop the site.
Preliminary re-development drawings show the possibility for multiple shallow bay warehouses with ample parking and trailer storage at the site. The majority of the site’s 11.67-acres is impervious with existing stormwater management in place, substantially decreasing development costs.
Located in the Woodlawn industrial submarket, the property provides direct access to major transportation arteries including I-70, I-695, I-795, and I-95.
