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221 McRand Ct 25,500 SF 61% Leased Flex Building Hagerstown, MD 21740 $4,000,000 ($156.86/SF)
Investment Highlights
- • Owner/User or Investor Opportunity
- • 10,026 SF Office / Warehouse Space Available for Immediate Occupancy (Lease or Sale)
- • Large Fenced Outside Storage
- • 25,500 SF Class A Flex Office Building
- • Family Center (co-tenant), recently signed a five (5) year renewal extension, providing an in-place income stream
- • Spacious Truck Court
Executive Summary
221 McRand Ct is a rare opportunity to own a meticulously maintained Class A Flex Building in Hagerstown. The property is a perfect owner/user opportunity as it offers both a 10,026 square foot space available for immediate occupancy, and a recently renewed long-term Tenant that offers the owner an in-place income stream. The 10,026 SF space is also available for lease. The property boasts fenced-in outside storage, a large truck court, a clean warehouse with two at-grade drive in doors and an 18’ clear height, plenty of parking, and well appointed office space.
Property Facts
| Price | $4,000,000 | Rentable Building Area | 25,500 SF |
| Price Per SF | $156.86 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2006 |
| Property Type | Flex | Parking Ratio | 2.31/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 18’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 5.25 AC | ||
| Zoning | IG - industrial general | ||
| Price | $4,000,000 |
| Price Per SF | $156.86 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 5.25 AC |
| Rentable Building Area | 25,500 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Parking Ratio | 2.31/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | IG - industrial general |
Amenities
- Controlled Access
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
Utilities
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- MEC, Inc.
- Construction
- -
- -
- -
- Together With Families Inc
- Services
- -
- -
- -
- Washington County Family Center
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| MEC, Inc. | Construction | - | - | - | ||
| Together With Families Inc | Services | - | - | - | ||
| Washington County Family Center | Health Care and Social Assistance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
•18' Clear Heights •12' x 14' Motor Operated Bay Doors •Electric - 120/208 3 phase, 4 wire •100 kW Generator Power Available •Natural Gas Heating •59 Surface & 4 Handicap Spaces •ADA Accessible •Zoned Industrial General •Located within Enterprise Zone
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 100 | 10,026 SF | Flex | Full Build-Out | 30 Days |
1st Fl - 100
| Size |
| 10,026 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - 100
| Size | 10,026 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | 30 Days |
•18' Clear Heights •12' x 14' Motor Operated Bay Doors •Electric - 120/208 3 phase, 4 wire •100 kW Generator Power Available •Natural Gas Heating •59 Surface & 4 Handicap Spaces •ADA Accessible •Zoned Industrial General •Located within Enterprise Zone
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Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 24-004899 | Improvements Assessment | $1,969,100 |
| Land Assessment | $525,000 | Total Assessment | $2,494,100 |
Property Taxes
Parcel Number
24-004899
Land Assessment
$525,000
Improvements Assessment
$1,969,100
Total Assessment
$2,494,100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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221 McRand Ct
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