20,148+/- SF Office Suite with Class A Finishes Columbia, MD

20,148+/- SF Office Suite with Class A Finishes

• Bank owned - Motivated Seller
• Located in Howard County's premier business park
• Easy access to I-95
• Move-in condition

Suite 200 consists of 20,148+/- square feet of executive office space in the Gateway Center condominium project. The suite was previously the national headquarters of a large franchise and contains many high end finishes. It is configured with a large reception area, two executive offices, numerous private offices and conference rooms, a bullpen/open office area and a full kitchen. There are 2 sets of restrooms at opposite ends of the suite along with a private restroom in one of the executive offices. The suite is accessed either by private elevator or the large open staircase off of the main lobby.

The suite is located in Building A of the Gateway Center condominium project, a 2 building, 125,000 square foot development with surface parking for 431 vehicles which works out to a 3.5/1000 parking ratio. Building amenities include high end corporate common area finishes, fiber optic availability, a loading dock, 3 elevators and a small park area. This building is located on Lee Deforest Drive which is off of Robert Fulton Drive, that connects to Snowden River Parkway and is positioned at the mid-point of Baltimore and Washington DC (I-95 at Route 175).

Note: There is a tenant leasing 7 offices on a month to month basis and paying $2,500/month. Tenant will vacate prior to closing at option of Purchaser. The property is bank-owned and the seller is highly motivated.

Account ID: 16-219096
2023 Tax Assessment: $6,245,800
Real Estate Tax Charges: $90,289.44
Condo Fee: $6,474.48/month
Association Fee: $1,769.65/month

Incentives from the Howard County Economic Development Authority:
https://hceda.org/business-support/financing/incentives/

Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein

Jeff Stein: Tranzon Key

703-539-8111 jstein@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 6% Buyers Premium based on the high bid.
• Closing: 45-Day closing, sold in As-Is condition, no contingencies.
• Deposit Amount: In order to be eligible to bid, a minimum deposit of $25,000 is required, with a total deposit of 5% due within 48 hours of being notified that you are the successful high bidder.
• Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.