Black Rock Rd
Ideal investment property for someone looking for some upside
Marketing description
4500 Black Rock Road is a well-maintained 14,810 SF, three-story Class B office building situated on 1.16 acres in Hampstead, Maryland. Constructed in 1989 with durable masonry construction, the property offers a flexible multi-tenant configuration with a typical floor plate of approximately 4,937 SF, making it suitable for single-tenant occupancy, professional office users, or medical and service-oriented businesses.
The building provides a strong on-site parking profile with a 4.39/1,000 SF parking ratio, supported by 65 surface parking spaces, ensuring convenience for employees and visitors alike.
Zoned C-2 (Commercial), the property allows for a broad range of retail, office, and service uses, offering versatility for investors and owner-users seeking a stable asset in a well-positioned Carroll County location.
4500 Black Rock Road presents a balanced combination of size, flexibility, and parking — ideal for businesses seeking a professional presence with efficient floor layouts in the Hampstead market.
Investment highlights
This asset is fully leased, providing immediate, stabilized cash flow from day one. The current rent roll includes two General Contractor tenants on one-year lease terms, creating both near-term flexibility and embedded upside.
The short-term nature of these leases allows an investor to (i) mark rents to market, (ii) restructure terms for longer-duration stability, or (iii) reposition portions of the asset depending on market conditions. This structure provides income security today with a defined opportunity to enhance returns in the near term.
A stabilized in-place yield combined with controllable rollover makes this an attractive acquisition for investors seeking both cash flow and value-add potential.
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