6905 San Tomas Rd, Elkridge, MD 21075

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Building Details:

• Year Built: 1975

6905 San Tomas Rd is located in Elkridge, MD.

On Wednesday, June 27th, 2012, CBRE Auction Services is pleased to present for auction 6905 San Tomas Road in Elkridge, Maryland. The property is strategically located in the Baltimore-Washington Corridor’s Route 100 Business Park just west of Baltimore Washington International Airport. This location affords excellent proximity to Route 100, Route 1, Interstate 95 and the Baltimore-Washington Parkway (Route 295), providing efficient accessibility and strategic central location to all points within Baltimore and Washington, DC Metropolitan regions.

The Life Sciences Building offers an investor the opportunity to acquire a prime life sciences facility in the heart of the dynamic and highly sought after Baltimore-Washington Corridor market. Built-to-suit in 2008 by BioRealty, Inc. for CEL-SCI, the property is 100% leased to the tenant under a 20-year, Absolute Net lease. The property offers consistent cash flows and the ability to realize future value through the continued growth of the Baltimore-Washington Corridor’s robust life sciences industry.
+ Consistent Cash Flows – Tenant operates under an Absolute Net lease with 3% annual escalations through 2028;

+ Essentiality of the Facility - This facility is critical to CEL-SCI's ability to manufacture its lead product and continue its Phase III clinical trial of that product;

+ Irreplaceable Facility - To replace or replicate the facility would take CEL-SCI approximately $22M and three years, both prohibitive terms;

+ Dynamic Company - With its lead product in Phase III clinical trials and currently enrolling patients at 32 different test sites, the tenant is positioned for explosive growth; future opportunities include bringing on new biopharmaceutical partners, raising additional capital, and/or being acquired;

+ Residual Value - Potential to acquire at a significant discount to replacement cost with infrastructure applicable to manufacturing and other aseptic-fill/finish industry users and investors seeking to support potential capacity needs of the facility.