commercial real estate

NAI KLNB, in its capacity as exclusive agent, is pleased to offer for sale the fee simple interest in an exceptionally well-located office building in Calverton, Maryland. 3901 Calverton Boulevard (the “Project”), is a class A building that totals 122,645 square feet and is 100 percent leased on a triple net basis to Verizon Communications Inc. (NYSE:VZ) through the end of 2008.The offering represents an exciting opportunity for a new owner to create significant value, benefiting from the remaining cash flow from the lease with Verizon while marketing the building for sale (to one ore more users) or for lease (backfilling the building with new tenants at today’s market rent of approximately $14.00 NNN).

We can also lease from 15,000 sf up to 123,000 sf of fully renovated office space at this strategic location.

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Tags: investment property, office building for sale, office space for lease

This entry was posted on Wednesday, August 27th, 2008 at 2:16 pm and is filed under investment opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.