5501 Pennington Avenue - 16,000 SF Warehouse

For Lease

5501 Pennington Avenue, Baltimore, MD 21226

5501 Pennington Avenue - 16,000 SF Warehouse currently offers 1 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include warehouse/distribution. The minimum space size listed is 16,000 square feet. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 5501 Pennington Avenue - 16,000 SF Warehouse.

Space Available For Lease 1

Contacts

broker

Steven L. Cornblatt

Trout Daniel & Associates

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 16,000 SF
  • Units 15
  • Lot Size 1.25 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Date Updated Aug 29, 2024
  • Column Spacing 200.0x80.0'
  • Dock High Doors 7
  • HVAC None
Situated on the corner of Pennington Avenue and Birch Street in Curtis Bay, 5501 Pennington Avenue, consists of multiple free-standing buildings constructed at varying times, and measuring 140,325 (+/-) square feet in total. Comprised of four individual parcels measuring a total of 41.01 (+/-) acres, the Property is located in an Opportunity Zone, and eligible for multiple in-place Economic Incentives. Zoned M-I and I-2, 5501 Pennington Avenue provides the unique opportunity to own prime industrial land and buildings in the land constrained Baltimore-Washington Corridor, with direct access to the Port of Baltimore waterways, CSX Railway, I-95, and I-695.Trout Daniel & Associates is pleased to exclusively represent the ownership in the sale of 5501 Pennington Avenue, a 41-acre (+/-) site, which formerly served as the Origin Americas Headquarters. At present, the Property is anchored by Universal Environmental Services, Aggregate Industries / Holcim Group, and Allan Myers, and generates in excess of $2,300,000 in annual Gross Income through multiple diversified revenue streams, including warehouse rents, oil re-refining, tank rentals, IOS / parking rents, and dockage fees. Additionally, the property provides value-add opportunities, including development/redevelopment of up to approximately 30 acres of raw land and improved property, restructuring existing below-market leases, maximizing underutilized dockage revenue, and new tank construction.Multiple Leases are in place.

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Highlights

  • Below Market Lease Rate - $6.00 SF (Industrial Gross).
  • 16,000 (+/-) Square Feet of Warehouse space.
  • Includes .50 (+/-) acres of paved outdoor storage.
  • Additional acreage available if needed.
  • Short and Long Term Leases Considered.
  • Close proximity to the property's Primary pier with direct access to Port of Baltimore Waterways.
  • Active CSX double rail spur immediately adjacent to Warehouse with stacking of up to 8 railcars.
  • Front-loaded with 7 Docks and 1 Drive-in (varying dimensions).
  • 16’ (+/-) Clear Height.
  • 200’ x 80’ Clear Span.
  • Tenant Improvements proposed on a case-by-case basis.

Attachments

Getting around

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  • 42/100

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  • 28/100

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Location

  • City Baltimore, MD
  • Neighborhood Curtis Bay Industrial Area
  • Zip Code 21226
  • Market Baltimore

Points of Interest

  • Patapsco

    2.88 miles

  • Nursery Road

    2.96 miles

  • Ferndale

    3.71 miles

  • Cherry Hill

    3.72 miles

  • Cromwell / Glen Burnie

    4.01 miles

  • Hamburg Street

    4.61 miles

  • Camden Street

    4.88 miles

  • Camden Station

    4.92 miles

  • BWI Airport

    5.07 miles

  • Shot Tower

    5.11 miles

  • Gulf

    1.46 miles

  • Sunoco

    1.48 miles

  • Shell

    1.50 miles

  • Costco Gasoline

    1.58 miles

  • BP

    1.99 miles

  • Carroll Motor Fuels

    2.01 miles

  • Shell

    2.04 miles

  • Exxon

    2.19 miles

  • BP

    3.03 miles

  • Carroll Motor Fuels

    3.16 miles

  • Rent A Wreck

    3.93 miles

  • Midway Car Wash

    4.51 miles

  • Avis

    4.53 miles

  • Budget

    4.53 miles

  • Canton Car Wash

    4.68 miles

  • Enterprise

    4.73 miles

  • Herc Rental

    4.84 miles

  • Roy's Car Wash

    4.97 miles

  • Budget

    5.28 miles

  • Avis

    5.28 miles

  • McDonald's

    1.50 miles

  • McDonald's

    1.61 miles

  • Denny's

    1.77 miles

  • McDonald's

    2.01 miles

  • Golden Corral

    2.05 miles

  • Chuck E. Cheese's

    2.05 miles

  • Qdoba

    2.06 miles

  • First Watch

    2.11 miles

  • Panda Express

    2.12 miles

  • Panera Bread

    2.13 miles

5501 Pennington Avenue Listing Brief

  • The rental rate for available space at 5501 Pennington Avenue is offered upon request. Use the contact form at the top of the listing page to reach out to the property representative and get more information regarding the current listing rate.

    The asking price varies based on the location of the property, with proximity to transportation hubs, access to highways or ports playing a key role in the building's valuation. Other factors that influence cost are the property's age, its quality rating, as well as its onsite facilities and features.

  • It is available for lease as Single Tenant space.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

  • The property features 7 loading dock doors, ensuring that the loading and unloading of cargo in and out of the facility is both efficient and safe.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

  • Column spacing, which is also sometimes referred to as clear span or bay depth, refers to the distance measured between posts or vertical support elements in the building. At this property, column spacing is 200.0x80.0’.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Steven L. Cornblatt

Trout Daniel & Associates

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