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2401 York Rd 5,712 SF Office Building Timonium, MD 21093 $2,057,535 CAD ($360.21 CAD/SF)
INVESTMENT HIGHLIGHTS
- Single owner occupancy freestanding building
- Prominent York Road signage
- Free surface and overflow street parking
- Option to lease available
EXECUTIVE SUMMARY
Property is 0.393 acres.
Three story office with the main first floor street level, 2nd floor served by an open staircase and a finished lower level with a walk out exit.
The two main floors feature 10' drywall finished ceiling height, marble foyers and a restroom on all three levels.
The site is comprised of two parcels and the account identifier numbers are 08-19-058100 and 08-03-047525 Map 51, Grid 23, parcel 7 & 8. The property has two Baltimore County Real Estate Tax bills.
Current RET are $9561 and $10,004 = $10,565 or $1.85 sf.
12 on site parking spaces with possible expansion on the 2nd parcel contiguous to the existing parking lot. Additional off street parking available along Warren Avenue.
Centrally located fronting York Road just South of Padonia Road and north of Timonium Road with easy access to I-83 and I-695.
Prominent Road front signage on the building exterior and Marquee sign.
Assume $20 NNN lease x 5712 sf = 7.6% Cap rate. Tenant pays NNN expenses budgeted at $2.85 sf. Given the property's location and condition, a capitalization rate of 7.50% and 8.50% is expected for the investment property. U.S. Fed has implemented its most aggressive actions since 2005.
Assume owner occupancy financing at 80/20 LTV with $300,000 down and financing $1,200,000 @ 6.5% and a 25 year amortization = $8,102 monthly ($17.02 sf) NNN.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$156,702
|
$27.43
|
| Other Income |
$22,327
|
$3.91
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$179,029
|
$31.34
|
| Taxes |
$14,492
|
$2.54
|
| Operating Expenses |
$7,835
|
$1.37
|
| Total Expenses |
$22,327
|
$3.91
|
| Net Operating Income |
$156,702
|
$27.43
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $156,702 |
| Annual Per SF | $27.43 |
| Other Income (CAD) | |
|---|---|
| Annual | $22,327 |
| Annual Per SF | $3.91 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $179,029 |
| Annual Per SF | $31.34 |
| Taxes (CAD) | |
|---|---|
| Annual | $14,492 |
| Annual Per SF | $2.54 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,835 |
| Annual Per SF | $1.37 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $22,327 |
| Annual Per SF | $3.91 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $156,702 |
| Annual Per SF | $27.43 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
Headquartered in Baltimore, Maryland with satellite offices across the State of Maryland, Black Hawk represents a wide variety of clients. Black Hawk Protection & Investigations is not your typical security agency, in fact they try very hard not to be. They have seen and dealt with some of the issues which plague their industry – and they’ve come up with some innovative solutions to those issues. Their use of technology, our concern for their employees, and career paths for security officers have proven to be successful in creating a unique environment allowing them to provide superior service. A quick tour of their website will show you just how different they are. Get in touch with them to set up a consultation, or use the contact form at the bottom of this page to inquire to see why their services are right for you.
- Black Hawk Security
- Professional, Scientific, and Technical Services
- -
- -
- Modified Gross
- Jul 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Professional, Scientific, and Technical Services | - | - | - | - | |
| Black Hawk Security | Professional, Scientific, and Technical Services | - | - | Modified Gross | Jul 2028 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
5712 sf on three levels for lease or sale.
| Space | Size | Space Use | Condition | Available |
| - | 5,712 SF | Office | - | 30 Days |
-
| Size |
| 5,712 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
-
| Size | 5,712 SF |
| Space Use | Office |
| Condition | - |
| Available | 30 Days |
5712 sf on three levels for lease or sale.
PROPERTY TAXES
| Parcel Number | 08-0819058100 | Total Assessment | $1,095,384 CAD |
| Land Assessment | $375,925 CAD | Annual Taxes | $14,492 CAD ($2.54 CAD/SF) |
| Improvements Assessment | $719,459 CAD | Tax Year | 2025 |
PROPERTY TAXES
Presented by
2401 York Rd
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