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Highlights
- High visibility and easy access pad with drive-thru
- Center is anchored by top performing CVS nationwide (620,000 visits/year)
- Built out as bank
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,275 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
207 Bowie Rd - 1st Floor
Exclusive freestanding drive-thru pad on US Route 1 at a signalized hard corner, inside the CVS-anchored Laurel Square (co-tenants Panda Express and Five Guys). ~2,275 SF former M&T Bank branch with 3 dedicated drive-thru lanes, teller line, and ATM in place — move-in ready for a financial tenant. ~55,000 cars/day on the surrounding roads; ~1,000,000 annual visits to the center. Zoned C-G (City of Laurel); bank / credit union use permitted by right. Ideal for a bank, credit union, coffee/QSR drive-thru, or financial services.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Corner Space
- Drive Thru
- High-visibility freestanding pad with drive-thru
- Direct US-1 frontage at a signalized hard corner
- 5 entrances to center from surrounding roads
- ~55,000 cars/day on surrounding roads
- CVS-anchored: co-tenants Panda Express & Five Guys
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.
Tenants at Laurel Square
- Tenant
- Description
- Size
- Move Date
- US Locations
- Reach
- CVS
- -
- -
- -
- -
- -
- Five Guys
- Accommodation and Food Services
- -
- -
- -
- -
- Panda Express
- Accommodation and Food Services
- -
- -
- -
- -
| Tenant | Description | Size | Move Date | US Locations | Reach |
| CVS | - | - | - | - | - |
| Five Guys | Accommodation and Food Services | - | - | - | - |
| Panda Express | Accommodation and Food Services | - | - | - | - |
Property Facts
| Total Space Available | 2,275 SF | Center Properties | 3 |
| Center Type | Strip Center | Gross Leasable Area | 28,379 SF |
| Parking | 213 Spaces | Total Land Area | 1.88 AC |
| Stores | 3 | Year Built | 1962 |
| Total Space Available | 2,275 SF |
| Center Type | Strip Center |
| Parking | 213 Spaces |
| Stores | 3 |
| Center Properties | 3 |
| Gross Leasable Area | 28,379 SF |
| Total Land Area | 1.88 AC |
| Year Built | 1962 |
Demographics
Demographics
Nearby Major Retailers
Leasing Team
Benjamin Berman, Partner
Benjamin began his career in real estate after earning his degree from Yeshiva University. Over the years, he has expanded his influence beyond corporate operations through board service and entrepreneurial ventures. He currently serves on the board of Jewish Education Made Special and has held advisory roles with consumer goods companies such as D’vash Organics and Fruigees. His professional trajectory demonstrates a blend of real estate expertise and strategic governance, positioning him as a key figure in both business and community leadership.
About the Owner
Other Properties in the BERMAN ENTERPRISES Portfolio
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Laurel Square | 15100 Baltimore Ave
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