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Park Plaza 550-582 Ritchie Hwy
733 - 6,910 SF of Retail Space Available in Severna Park, MD 21146
Highlights
- Abundant parking
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 550D | 0.02 AC | Negotiable | $68.04 CAD/SF/YR $5.67 CAD/SF/MO $732.36 CAD/m²/YR $61.03 CAD/m²/MO $4,156 CAD/MO $49,872 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 550F | 0.04 AC | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 552E | 0.07 AC | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 568E | 0.04 AC | Negotiable | $63.79 CAD/SF/YR $5.32 CAD/SF/MO $686.59 CAD/m²/YR $57.22 CAD/m²/MO $8,505 CAD/MO $102,058 CAD/YR | Triple Net (NNN) |
550-552 Ritchie Hwy - 1st Floor - Ste 550D
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
550-552 Ritchie Hwy - 1st Floor - Ste 550F
Vanilla Shell Space available immediately. All terms negotiable.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
554-564 Ritchie Hwy - 1st Floor - Ste 552E
- Partially demoed, offering a great foundation for a new restaurant concept - Ideal opportunity for a dining establishment with existing infrastructure - Located within a high-traffic shopping center with excellent visibility - Contact me for more details or to discuss opportunities for this space
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
568 Ritchie Hwy - 1st Floor - Ste 568E
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
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.
SELECT TENANTS AT Park Plaza
- Tenant
- Description
- US Locations
- Reach
- Breakfast Shoppe
- Restaurant
- 1
- Local
- Five Below
- Dollar/Variety/Thrift
- 2,313
- National
- M&T Bank
- Finance Company
- 1,518
- International
- Planet Fitness
- Fitness
- 3,042
- International
- Smoothie King
- Drinks/Juices
- 1,677
- International
| Tenant | Description | US Locations | Reach |
| Breakfast Shoppe | Restaurant | 1 | Local |
| Five Below | Dollar/Variety/Thrift | 2,313 | National |
| M&T Bank | Finance Company | 1,518 | International |
| Planet Fitness | Fitness | 3,042 | International |
| Smoothie King | Drinks/Juices | 1,677 | International |
PROPERTY FACTS FOR 550-582 Ritchie Hwy , Severna Park, MD 21146
| Center Type | Community Center | Gross Leasable Area | 202,283 SF |
| Parking | 878 Spaces | Total Land Area | 17.10 AC |
| Stores | 52 | Year Built | 1975 |
| Center Properties | 11 | Cross Streets | Baltimore Annpolis Blvd |
| Frontage | 1,467’ on Ritchie Hwy |
| Center Type | Community Center |
| Parking | 878 Spaces |
| Stores | 52 |
| Center Properties | 11 |
| Frontage | 1,467’ on Ritchie Hwy |
| Gross Leasable Area | 202,283 SF |
| Total Land Area | 17.10 AC |
| Year Built | 1975 |
| Cross Streets | Baltimore Annpolis Blvd |
About the Property
Mom's Organic Market – Coming Soon! Prime regional shopping center located in the heart of Severna Park Excellent visibility directly from Ritchie Highway, with high traffic counts Positioned at a signalized intersection, offering four convenient access points to Ritchie Highway Strong local demographics with high household incomes Diverse tenant mix, featuring local, regional, and national brands
- Freeway Visibility
- Pylon Sign
- Restaurant
- Tenant Controlled HVAC
Nearby Major Retailers
Presented by
Park Plaza | 550-582 Ritchie Hwy
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