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8666 Veterans Hwy
Millersville, MD 21108

Auction:7/25 - 7/27: Severn Commons · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
34,392 SF
Building Class
A
Year Built/Renovated
2006/2018
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,000 SF
Slab To Slab
10’
Building FAR
0.27
Lot Size
2.91 AC
Zoning
C2
Parking
100 Spaces (6 Spaces per 1,000 SF Leased)

About 8666 Veterans Hwy , Millersville, MD 21108

Property tours are available by appointment ONLY. Please contact John Rosso, Jr. to schedule at john@rossocre.com or 410-802-1909. Investment Highlights: 34,392 SF vacant office building Significant existing build-out and infrastructure 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 and 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. 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 t

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-000-90049224
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,497,500
  • Listing ID: 3617369

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 8666 Veterans Hwy, Millersville, MD 21108

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