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2661 Riva 400 Office Park Building 1000Annapolis, MD 21401
2661 Riva BLD 1000
Asset ClassOffice
Annapolis Value Add Owner User or Investment Sale Opportunity
overview of deal

Overview

2661 Riva Road Building 1000 represents a premier office acquisition opportunity within Annapolis, Anne Arundel County’s most resilient submarket. The building anchors the prestigious 2661 Riva Road Office Park, in a serene setting surrounded by trees, with dual front and rear grade-level entrances, and abundant parking. Building 1000 has strong historical tenant tenure with 3 of the 6 current tenants having occupied for over 20 years. The typical initial lease term in the building is 5 years. Currently 67% occupied - based on the Rent Roll across 34,395 RSF - the building’s 17,052 RSF of vacant space consists of five smaller suites aligned with market demand.

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Investment Highlights

% Leased
67%
Square Feet
51,447
Weighted Average Lease Term
3.24 Years
# Tenants
6

Professionally managed office building in Annapolis with potential for an owner user or investor to purchase and add value through lease up. The building sits in a tranquil setting surrounded by nature on three sides, with private balcony access for the fifth floor tenants and a large conference room available for all tenants to use as a building amenity.

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2661 Riva 400 Office Park Building 1000Annapolis, MD 21401

Investment Sales Team

2568A Riva Road, Suite 300 , Annapolis, MD 21401

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Listing provided by Revere CRE