Specialty Real Estate
602 North Howard Street Baltimore, MD 21201
Details & Description
Price: $16,575,000
    Marcus & Millichap is pleased to exclusively offer for sale Extra Space Storage (Managed) located in Baltimore, Maryland. The class A, four-story facility currently features 623 climate-controlled units, 122 non-climate-controlled units, totaling 59,236 net rentable square feet. There are also four retail spaces totaling 3,681 square feet. The facility was converted to storage in 2017 and since opening has witnessed a very fast lease up period and has already been able to achieve a physical occupancy of 94 percent.The location of this facility benefits from the dense population in downtown Baltimore. The population within five miles of the facility is 553,596 people. They are located just 1,000 feet from US Route 40 and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, and schools. This offers the facility great street frontage and high daily traffic counts of 11,400 cars per day on West Centre Street and 1,625 cars per day on North Howard Street.Extra Space Storage (Managed) is being offered for $16,575,000 or $263.44 per rentable square foot.
    Property Highlights
     623 Climate Controlled Units 122 Non-Climate Controlled Units
     Large Class A Maryland Self-Storage Facility
    Listing Agents
    Brett Hatcher

    O: 614-360-9043
    brett.hatcher@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    602 North Howard Street

    Baltimore, MD 21201

    Listing ID: 276144
    602 North Howard Street Baltimore, MD 21201 | for Sale | Photo 1
    Building Size: 59,236 SF
    Lot Size: 2.000 AC
    Land Size: 87,120 SF
    Building $/SF: $279.81
    Land $/SF: $190.25
    Price
    $16,575,000
    Property Highlights
    Large Class A Maryland Self-Storage Facility
    High Rent Market
    623 Climate Controlled Units 122 Non-Climate Controlled Units
    Description

    Marcus & Millichap is pleased to exclusively offer for sale Extra Space Storage (Managed) located in Baltimore, Maryland. The class A, four-story facility currently features 623 climate-controlled units, 122 non-climate-controlled units, totaling 59,236 net rentable square feet. There are also four retail spaces totaling 3,681 square feet. The facility was converted to storage in 2017 and since opening has witnessed a very fast lease up period and has already been able to achieve a physical occupancy of 94 percent.

    The location of this facility benefits from the dense population in downtown Baltimore. The population within five miles of the facility is 553,596 people. They are located just 1,000 feet from US Route 40 and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, and schools. This offers the facility great street frontage and high daily traffic counts of 11,400 cars per day on West Centre Street and 1,625 cars per day on North Howard Street.

    Extra Space Storage (Managed) is being offered for $16,575,000 or $263.44 per rentable square foot.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Baltimore History of Specialty Real Estate for Sale

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    Baltimore Area Market Trends

    Listing Demographics for 602 North Howard Street Baltimore, MD 21201

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population46,452286,640573,660
    Population Median Age363738
    Population by Age0-9 Yrs3546 (7%)31520 (10%)69982 (12%)
    10-19 Yrs4332 (9%)28151 (9%)62130 (10%)
    20-29 Yrs12519 (26%)58414 (20%)102015 (17%)
    30-39 Yrs9363 (20%)53724 (18%)94765 (16%)
    40-49 Yrs4359 (9%)30029 (10%)61580 (10%)
    50-59 Yrs4992 (10%)35027 (12%)72349 (12%)
    60-69 Yrs4477 (9%)28260 (9%)60547 (10%)
    70+ Yrs2863 (6%)21515 (7%)50293 (8%)
    Median HH Income$39,644$51,612$50,890
    Total Household Income< 24K8006 (37%)35007 (29%)61934 (27%)
    25-49K4029 (18%)23621 (19%)49582 (21%)
    50-74K3494 (16%)17829 (14%)35945 (15%)
    75-99K2027 (9%)11304 (9%)24066 (10%)
    100-199K2949 (13%)21777 (18%)39493 (17%)
    200K+1125 (5%)10222 (8%)14995 (6%)
    Highest Education LevelNo Diploma52713155960821
    Diploma or GED776151996115691
    Some College56653263774978
    Assoc. Degree1196821318829
    Bachelors Degree71284237168070
    Higher Degree71503973661953
    Total Housing Units26,567155,847279,868
    --Owner-Occupied4,01748,415105,564
    --Renter-Occupied17,61271,345120,451
    Owner-Occupied Values< 100K6701312226217
    100-199K11581102437739
    200-299K8331017020210
    300-399K55660368946
    400-499K30731564734
    500K+49449077717
    Total Working Age Population40,577239,170467,842
    In Work Force23,644151,601290,775
    Not In Work Force16,93387,569177,067
    Workforce Employed22,127139,245266,811
    Workforce Unemployed1,48311,95623,269
    Civlian Workforce23,610151,202290,080
    Military Workforce33399696
    Total Households21,629119,760226,015
    Family Households6,25451,623111,870
    Non-Family Households15,37568,137114,145
    Married Couple2,65924,84753,680
    Other Family3,59526,77658,190
    Married w/Child5697,51718,021
    Single Male w/Child1702,1934,352
    Single Female w/Child1,84410,47422,334

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Maryland5,296,486+95,773,552+66,141,900+66,518,750
    Anne Arundel County489,656+10537,656+7573,250+4596,700
    Baltimore County754,292+7805,029+5847,000+2862,200
    Harford County218,590+12244,826+5257,700+5271,850
    Howard County247,842+16287,085+17336,900+9366,800
    Baltimore city651,154-5620,961-1616,300+1625,100

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 602 North Howard Street in Baltimore?
    The asking price for 602 North Howard Street is $16,575,000
    What is the building size of this Specialty property in Baltimore, MD?
    The size of the building/unit at 602 North Howard Street in Baltimore is 59,236 square feet
    How much land does the Baltimore, MD property at 602 North Howard Street include?
    602 North Howard Street in Baltimore includes 2.000 acres of land
    What kind of Specialty is the propery at 602 North Howard Street?
    The property at 602 North Howard Street Baltimore, MD 21201 is listed as a Self Storage Specialty property
    What is the population within 1 mile of 602 North Howard Street in Baltimore?
    The population within 1 mile of 602 North Howard Street Baltimore, MD 21201 is 46,452 people.
    Who do I contact for questions about 602 North Howard Street?
    You should contact the listing agent, Brett Hatcher , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Baltimore Washington International (Thurgood Marshall Airport) (BWI) 9
    Ronald Reagan Washington National Airport (DCA) 38
    Washington Dulles International Airport (IAD) 51
    Price
    $16,575,000
    Listing Agent
    More listings from Brett Hatcher
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