8666 Veterans Hwy, Millersville, MD 21108

Property tours will take place on the following dates and times: Friday, May 26th, 1:00pm to 3:00pm Wednesday, May 31st, 1:00pm to 3:00pm To attend a property tour, please RSVP by contacting John Rosso, Jr. at john@rossocre.com or 410-802-1909. ***Please note that all property tour attendees must bring proof of US citizenship to be admitted to the building. The following type of documentation will be accepted: US Passport, Birth Certificate, Naturalization Certificate, or Green Card*** Investment Highlights: ±34,392 SF vacant office building Significant existing build-out and infrastructure Third floor currently SCIF equipped for government contractor tenants Central suburban location convenient to Annapolis, Baltimore, BWI and DC Rare opportunity to acquire office in Anne Arundel of this size and quality Investment Overview: Severn Commons (the “Property”) is a ±34,392 SF headquarters quality office building, situated on a 2.91 AC parcel located at 8666 Veterans Highway in Millersville, MD and will be delivered 100% vacant upon sale. Built in 2006, the Property consists of a 3-story, well-located suburban office building of approximately ±34,392 SF total office space. Currently occupied by Northrop Grumman, which will be vacating in May, the offering presents a unique opportunity for an owner-user seeking a cost-effective option to leasing office space. The Property currently provides a mix of private offices, open/cube/workstation space, conference rooms, break-rooms, and training/classes rooms. Currently, most of the third floor is a SCIF (Sensitive Compartmented Information Facility) and provides added value for any future government contractor tenant handling sensitive information. There is significant infrastructure existing within the Property including a back-up 600kw generator and transfer switch, Liebert cooling system, significant mechanical systems and electrical systems. A user can occupy the entire building or could lease the 11,464 SF floor plates on the second and third floors to tenants. The upper floors are elevator served and can be easily partitioned to suit most tenants. Given the strong rental rate and occupancy trends in the submarket, the aforementioned option would likely provide an attractive cash flow stream. Centrally located in Anne Arundel County, Severn Commons is located in the sought-after and easily accessible I-97/Crain Hwy Corridor. The Property features excellent access and visibility to I-97, and is convenient to Baltimore, Annapolis, and BWI Airport. The Property is within close access to major county and regional arterials including easy access to I-695 (Baltimore Beltway) and Rte. 50 (Annapolis and Washington D.C.). This nexus location will benefit any tenant with its central regional location to attract the best employees and convenient for a large base of potential customers. The demographics are also very favorable to the Property’s tenancy with over 161,000 people within a 5-mile radius and average household incomes of over $109,000 as over 35% of the population has a bachelor or advanced degree. Severn Commons is a class A headquarters quality suburban office building. Perfect for a single tenant, the size and quality of this building is unique in Anne Arundel County and the listing is a rare opportunity for an owner-user to occupy the entire building or even reposition as multi-tenant and lease out the various 11,464 SF floor plates. Free Asset Summary Report AvailableWe've partnered with Situs, one of the most trusted names in commercial real estate research, to provide unbiased third-party insight for this asset. You can find the full, complimentary Asset Summary Report under the secure due diligence tab above.  « show less

Property tours will take place on the following dates and times: Friday, May 26th, 1:00pm to 3:00pm Wednesday, May 31st, 1:00pm to 3:00pm To...  show more »