Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1999
Sq.Footage
N/A
6411 Beckley Street comprises a 77,225 square foot biomedical research office and laboratory building situated on 4.56 acres of industrially zoned and port adjacent land. The life sciences facility is currently 25% occupied by Pixelligent, Inc., a manufacturing company that, according to the company website, is “innovating advanced optical solutions for next-gen electronics applications.” The tenant has extended their lease through May of 2027 with increased rent beginning in June of 2025 ($543,390 gross rent per year). Current operating expenses put the building at a roughly break-even proposition as it stands, with ample opportunity for strategic building improvements to reduce overall operating expenses in addition to 75% remaining space available to occupy or lease. Proximity to the port, industrial zoning and overall acreage also present an exciting opportunity to fully reposition the building to a variety of alternative uses, including cold storage, traditional office or institutional purposes. The sale presents a unique opportunity for a strategic company headquarters, creative redevelopment or simply a well-timed value-add leasing opportunity.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
4.56
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
Parking Lot
Financial
-
Sales Price
$5,900,000
-
Tax Amount
106200.0
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Location
County
BALTIMORE CITY
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Listing Courtesy of Charles N Billig , A.J. Billig & Company
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