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Laurel Square 207 Bowie Rd 2,275 SF of Retail Space Available in Laurel, MD 20707
Highlights
- 207 Bowie Road in the Laurel Square shopping center offers a 2,275-square-foot former bank with three drive-thru lanes, teller line, and ATM in place.
- Situated on 0.41 acres zoned C-G, perfect for a bank, credit union, coffee shop, a quick service restaurant (QSR) drive-thru, or financial services.
- Co-tenants include Panda Express, Five Guys, and a CVS anchor in the 97th percentile of all locations nationwide, with about 620,000 visits per year.
- Exclusive opportunity for existing drive-thrus on US Route 1, which now requires a city special exemption, making operating ones extremely rare.
- Strategic positioning on a signalized hard corner with five separate entrances and combined daily traffic counts of over 55,000 vehicles per day.
- Affluent 3-mile trade area boasting an average annual household income of approximately $128,000, contributing to $1.3 billion in yearly spending.
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
2,275-square-foot freestanding drive-thru building on 0.41 acres within Laurel Square. Formerly occupied by M&T Bank, the property features a full bank buildout with three drive-thru lanes, a teller line, and an existing ATM. Zoned C-G, the site permits bank and credit union use by right and is well-suited for financial services, coffee, and quick-service restaurant operators.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Space is in Excellent Condition
- 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 per 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 | 28,380 SF |
| Parking | 213 Spaces | Total Land Area | 2.14 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 | 28,380 SF |
| Total Land Area | 2.14 AC |
| Year Built | 1962 |
About the Property
Positioned within the established Laurel Square shopping center, 207 Bowie Road presents a rare opportunity to acquire or lease a 2,275-square-foot freestanding drive-thru property on 0.41 acres along a heavily traveled commercial corridor. Formerly occupied by M&T Bank, the building features a complete bank build-out with three dedicated drive-thru lanes, an existing teller line, and an ATM already in place, allowing financial institutions to accelerate occupancy with minimal downtime. Zoned C-G by the City of Laurel, bank and credit union use is permitted by right, while the flexible configuration is also well-suited for financial services users, coffee concepts, and quick-service restaurant (QSR) operators seeking a highly visible drive-thru presence. With five points of access into Laurel Square, the site provides convenient customer circulation. Drive-thru opportunities of this caliber are becoming increasingly difficult to secure along US Route 1. New drive-thru developments require a city special exemption, making existing operating facilities especially valuable and rarely available. Situated on a signalized hard corner with direct frontage on US Route 1, the property benefits from outstanding visibility and exposure to significant daily traffic. The location is further strengthened by its placement within one of Laurel’s most active retail destinations. Laurel Square is anchored by CVS, a top-performing location nationally that generates approximately 620,000 visits annually, and is complemented Five Guys and Panda Express. Laurel Square also draws from an affluent customer base, with highly desirable communities such as Maple Lawn, Scaggsville, Montpelier, and Emerson located within a 15-minute drive. In addition, Interstate 95 is only 2.5 miles away, positioning the site to capture substantial commuter traffic while providing convenient regional access. The result is a uniquely positioned drive-thru opportunity that combines immediate functionality, exceptional visibility, strong retail synergy, and access to a high-income customer base within an established commercial market.
- Corner Lot
- Restaurant
- Signage
Marketing Brochure
Demographics
Demographics
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Azpeca Grill | Mexican | $ | 4 min walk |
| IHOP | - | - | 3 min walk |
| Pasta Plus Restaurant | Pasta | $$ | 3 min walk |
| Tropical Smoothie Cafe | - | - | 5 min walk |
| Quickway Japanese Hibachi | Japanese | $$$ | 5 min walk |
| Dunkin' | Cafe | - | 6 min walk |
| Fresh Green | American | $$$ | 10 min walk |
| Mezeh | - | - | 10 min walk |
Retail |
||
|---|---|---|
| Lucky Strike | Bowling/Billiards | 3 min walk |
| Horizon Health Services | Health Care | 5 min walk |
| Marshalls | Dept Store | 6 min walk |
| LA Fitness | Fitness | 6 min walk |
| Guitar Center | Music Instruments | 8 min walk |
| Hobby Lobby | Hobby | 9 min walk |
| Homegoods | Off-Price | 9 min walk |
Hotels |
|
|---|---|
| Best Western Plus |
96 rooms
3 min drive
|
| Holiday Inn Express |
119 rooms
3 min drive
|
| Days Inn |
86 rooms
5 min drive
|
| DoubleTree by Hilton |
208 rooms
9 min drive
|
| Courtyard |
140 rooms
13 min drive
|
Leasing Team
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 | 207 Bowie Rd
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