10019 Reisterstown Rd
Owings Mills, MD 21117

Prominent 12,362 +/- sq. ft. Office Building in the "Owings Mills" area of Baltimore County known as St. Thomas at Owings Mills **Gross Scheduled Annual Rental Income of $181,750** Auction to be held on the premises and online simulcast Tuesday, June 26th @ 1PM 3-story, 12,362 +/- SF low rise class B office building constructed in 1988 on 0.57 +/- acres. The site has a 4.2/1000 parking ratio with a total of 54 +/- spots. The property is zoned (RO). The building is currently divided into 7 private suites and is 90% leased. Location • Minutes away from I-795, I-695 • Prominently located on Reisterstown Road • High visibility with over 35,000+/- cars per day • Large pylon signage fronting Reisterstown Road • Close proximity to numerous amenities including Metro Centre, Foundry Row and St. Thomas Shopping Center. Highlights • Elevator service • Ample Parking • All suites have private entraces • Each suite has its own central HVAC • Suites feature extensive glass lines and natural light Recent Capital Improvements • Parking lot & curbs replaced in 2011 • LED common area lighting • Numerous HVAC replacements • New roof 2016 • Extensive and lush landscaping • Sign pylon and tenant plaques refurbished in 2011 Financial Highlights • Scheduled Annual Gross Rental Income of $185,302.56 • Many tenants with long term leases • All tenants pay CAM expenses over base rent • Many tenants have annual rental increases • Each suite seperately metered for electric • Landlord pays for water/sewer Diligence Package: Leases and rent roll are located in the documents section of the auctioneers website, link below. In order to gain access, you must create a free account as well as accept a non disclosure agreement. OnlineBidding notes: Auction to be held on the premises and online simulcast Tuesday, June 26th @ 1PM The $25,000 initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. Online bidding only available using a desktop web browser. Online bidding WILL NOT work using mobile devices and tablets running iOS or Android.