Description

JLL is pleased to exclusively present Columbia Technology Campus (the "Property") for sale, a 155,232 SF, four-building office campus strategically located at 9042, 9052, and 9062 Route 108 in Columbia, Maryland. Situated on 10.65 acres within the Oakland Ridge Industrial Park, the Property is currently owner occupied, with current ownership seeking to structure a 12-18-month sale-leaseback for a portion of the four buildings post-closing. This structure offering a buyer near-term income to offset carry costs while a new owner formulates a long-term business plan for the asset. With immediate access to Routes 29, 108, and 100, the campus offers exceptional connectivity, positioned just 25 minutes from Downtown Baltimore and 40 minutes from Washington D.C.

The facility, built in 1969 and renovated in 2008 from a flex industrial building to a single story office, features four connected buildings - Building A (42,812 SF), Building B (43,428 SF), Building C (42,812 SF), and Building D (26,180 SF) - 580 parking spaces, reflecting a coverage ratio of 33.94%, and a parking ratio of 3.73 spaces per 1,000 SF. The Property's NT (New Town) zoning provides a wide range of potential uses - including office, light industrial, and ancillary retail - offering exceptional flexibility for owner-users, value-add investors, and alternative-use developers.

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Attributes

Offer Structure

Short-Term Sale-Leaseback

Building area net

155,232 sf

Occupancy

100%

Number of units

Sale-Leaseback Term

12-18 months

Land Area

10.65 acres

Year Built/Renovated

1969/2008

Media

Investment Highlights

SALE-LEASEBACK OPPORTUNITY AVAILABLE The current owner is anticipating leasing back a portion of the property short term (12-18 months) upon sale, offering an investor an offset to its carry cost while it formulates a long-term business plan for the asset.

STRATEGIC COLUMBIA, MD LOCATION BETWEEN WASHINGTON D.C. AND BALTIMORE (COMBINED 9.43M POPULATION) Immediate access to Routes 29, 108 & 100 directly next to Oakland Ridge Industrial Park. The property is 40 minutes from Washington D.C. and 25 minutes from downtown Baltimore.

FOUR-BUILDING CAMPUS WITH AMPLE PARKING TO SUPPORT 155,232 SF across four connected single-story buildings: A 42,812 SF (West) | B 43,428 SF (North) | C 42,812 SF (East) | D 26,180 SF (Far North) on 10.65 acres with 580 car parking spots. This creates a coverage ratio of just 33.94% and a parking ratio of 3.73 spaces per 1,000 SF of building.

FLEXIBLE USE PROFILE SUITABLE FOR MULTIPLE USES Zoned NT (New Town), Howard County, which provides a wide range of potential uses including office, light industrial, and ancillary retail. This flexibility is ideal for owner-users, value-add investors, and alternative-use developers.

LOCATED IN THE THRIVING HOWARD COUNTY WITH STRONG DEMOGRAPHICS Rare 10.65-acre site within Howard County, the #1 wealthiest county in the State of Maryland and #5 in the nation. This supports the location's strong consumer base and highly educated labor pool that draws large companies into the region.

HIGHLY VISIBLE FRONT OF PARK LOCATION Over 1,200 linear feet of frontage on Maryland Route 108 with average traffic count of approximately 20,000 vehicles daily.