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401 Eastern Ave 5,000 - 15,000 SF of Retail Space Available in Seat Pleasant, MD 20743
HIGHLIGHTS
- 10,000 SF building with 5,000 SF basement and loading facilities
- High density with 23,535 residents in a mile radius
- Located in opportunity, enterprise, and medical overlay zones
- Excellent visibility to 37,835 VPD at a signalized intersection
- Less than 10 minutes to major roadways - BW Parkway, I-495/ I-95, Route 50
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 10,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
Basement
Freestanding commercial property featuring a 10,000 SF building with a 5,000 SF basement and loading facilities. With excellent visibility to 37,835 vehicles per day and proximity to major transportation routes, offering great exposure and accessibility.
- Can be combined with additional space(s) for up to 15,000 SF of adjacent space
- Highly visible.
1st Floor
Freestanding commercial property featuring a 10,000 SF building with a 5,000 SF basement and loading facilities. With excellent visibility to 37,835 vehicles per day and proximity to major transportation routes, offering great exposure and accessibility.
- Can be combined with additional space(s) for up to 15,000 SF of adjacent space
- Highly visible.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 15,000 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built | 1952 |
| Property Subtype | Freestanding | Parking Ratio | 2.33/1,000 SF |
| Total Space Available | 15,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 15,000 SF |
| Year Built | 1952 |
| Parking Ratio | 2.33/1,000 SF |
ABOUT THE PROPERTY
Less than 10 minutes to the Baltimore-Washington Parkway (295), Central Avenue (Route 214), Kenilworth Avenue (Route201), Route 50 and the Capital Beltway (I-495/I-95).
- Signalized Intersection
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Martin Luther King Jr Hwy | 63rd St NE, SE | 1,958 | 2022 | 0.04 mi |
| Martin Luther King Jr Highway | - | 19,568 | 2022 | 0.06 mi |
| Eastern Ave | Southern Ave NE, SE | 1,864 | 2018 | 0.13 mi |
| Martin Luther King Jr Hwy | Foote St, NE | 20,395 | 2022 | 0.13 mi |
| 63rd Street Northeast | Clay St NE, N | 24,730 | 2022 | 0.14 mi |
| 63rd Street Northeast | Banks Pl NE, S | 24,921 | 2022 | 0.18 mi |
| Southern Avenue Northeast | - | 1,530 | 2022 | 0.18 mi |
| Eastern Ave | 61st St NE, SE | 15,747 | 2018 | 0.18 mi |
| 65th Street Northeast | Maryland PkDr, SE | 1,983 | 2022 | 0.19 mi |
| 65th Street Northeast | Maryland Park Dr, SE | 2,009 | 2020 | 0.19 mi |
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
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