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Power Technology Center 201 Defense Hwy

69,138 SF 49% Leased Office Building Annapolis, MD 21401 For Sale

Investment Highlights

  • High Visibility
  • Unique feature of loading dock and freight elevator
  • Campus like setting
  • High Ceilings in offices
  • Abundance of natural light
  • Premium Building Signage

Executive Summary

Prominent Commercial Property For Sale in Annapolis. This value-add/investment and/or owner-occupant commercial property is highly visible from Rt. 50 with Premium building signage available (165,000 cars + per day). The 70,204 SF +/- building was originally constructed as a headquarters for a Finnish company in the late 1990s, and is suited on 9+ acres with W1 Zoning. There is ~35,000 SF available with ~35,000 SF leased, allowing for a terrific owner occupant opportunity with meaningful built-in cash flow in place. Property Owner just spent over $500,000 on capital improvements over last 12 months. The Power Technology Center provides very quick and convenient access to Defense Hwy, West Street, Route 50, and the greater Annapolis / DC Region. Expansive windows offer views of mature trees and lush greenery. The building boasts amazing views, ample parking (4 per 1000), and the opportunity to create a unique office environment to inspire clients and employees alike. Eight all-glass projecting bay areas create an ideal setting for conference rooms and collaborative work areas, while six balconies promote an atmosphere of open space and freedom. 201 Defense Highway also provides a purchaser with the opportunity for an adaptive reuse project considering the size of the overall site, the existing structure, and the current occupancy of the building. 201 Defense is truly an exceptional environment offering modern amenities and a creative, stimulating atmosphere.
Contact Broker for more Details

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
69,138 SF
Building Class
A
Year Built
1990
Percent Leased
49%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
23,046 SF
Slab to Slab
10 ft
Building FAR
0.17
Land Acres
9.60 AC
Zoning
W1B, Anne Arundel Co - Light Industrial
Parking
300 Spaces (4.34 Spaces per 1,000 SF Leased)

Amenities

  • Fitness Centre
  • Roof Lights
  • High Ceilings
  • Shower Facilities
  • Monument Signage
  • Outdoor Seating
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 17,577-35,272 SF
  • Office
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 17,577-35,272 SF Office Partial Build-Out Now

1st Floor

Size
17,577-35,272 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-000-07065015
Land Assessment
£3,995,918
Improvements Assessment
£1,930,057
Total Assessment
£5,925,975
  • Listing ID: 30916624

  • Date on Market: 09/02/2024

  • Last Updated:

  • Address: 201 Defense Hwy, Annapolis, MD 21401

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