95 Office Center
Laurel, Maryland
Property Overview
Summary
- Address 8101 Sandy Spring Road and 1000, 1002 & 1100 West Street | Laurel MD 20707
- Transaction Type For Sale
- Property Type Office
- Lot Size 11.52 Acres
- Price Subject To Offer
- Building size (SF) 162,331
Summary
NAI Michael is pleased to exclusively present 95 Office Center, a rare four-building office portfolio in a campus-like setting totaling approximately 162,331 square feet on approximately 11.52 acres in the City of Laurel, Prince George’s County, Maryland.
Situated within the Baltimore-Washington region, one of the most dynamic growth corridors on the East Coast, the office portfolio is an attractive asset for a number of potential purchasers including investors, developers, religious organizations, institutional users, governmental, healthcare and education users. There is also potential to redevelop the site into high-density residential or commercial development. The campus is comprised of: 8101 Sandy Spring Road - a multi-tenant office building totaling approximately 62,500 square feet, providing diversified, in-place steady income; and 1000, 1002 & 1100 West Street - three buildings totaling approximately 99,831 square feet situated on 6.54 acres, currently 100% occupied by Aquilent, a subsidiary of Booz Allen Hamilton Ownership has been notified that Aquilent will vacate all three single-tenant buildings at the end of its lease term in July 2027. This creates a unique opportunity that guarantees in-place income that continues through the vacate date, while the new owners can pursue an alternative path of either re-entitling the property for another use or planning the renovation and readaptation of the current buildings or a combination thereof.
Location Overview
The 95 Office Center campus is exceptionally located between Washington DC and Baltimore, just one mile off I-95. This strategic location puts the property near many major employers and government institutions, as well as numerous transit options. Amtrak and MARC regional rail service is available nearby in Laurel, while the Baltimore-Washington International Airport is within 16 miles of 95 Office Center. In addition to I-95, other major arteries are within a few miles of the property, including the Capital Beltway (I-495), the Intercounty Connector (MD 200), and the Baltimore-Washington Parkway.
Highlights
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.