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940 Madison Ave., Baltimore, MD 21201

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Building Details:

• Year Built: 1963

The Madison Avenue Executive Center is located conveniently near Downtown Baltimore and offers easy access to public transportation routes, city thoroughfares such as North Avenue, Route 40, MLK Jr. Blvd, and major highways 70, I-95, I-83, 695 and 295. Densely populated area has over 52,000 residents within a 1 mile radius and nearly 309,000 within a 3-mile radius. The property is easily located off of MLK Jr Blvd. which has traffic counts of over 53,000 VPD.

The Madison Executive Center is located in a state agency hub. All within a short walking distance is the newly redeveloped State Center, State Department of Assessments & Taxation, Herbert R. O'Conor State Office Building, and Division of Labor & Industry. The University of Maryland Medical Center Midtown Campus is also located 3 blocks to the Southeast.

Available Spaces

Suite	Space Type	Pricing	Size
---	Office Space	For lease: Per Person Pricing
Brexton Commercial is pleased to exclusively represent the owner in the sale of the Madison Executive Center at 940 Madison Avenue in Baltimore, MD. The Madison Executive Center brings to the market an exceptional investment that provides a rare shelter to the negative forces of Covid-19 and recessionary national markets. Tenants such as FEI.com, LLC, Parker Psychiatric Services, and Dynamic Health Systems are medical companies, the likes of which have had demand remain historically strong through down markets. The balance of the tenants and additional income streams offers further diversity to help an investor hedge their risk. The investment can achieve an attractive pro-forma cap rate of 8.26%. The upside in the deal can be captured by leasing the 2,195 SF vacancy, re-leasing the 8,000 SF DLLR space, as well as stabilizing and increasing the parking revenue. Lastly, the property is arguably the only class A office building in this state government agency hub, which provides investors a competitive advantage and little competition to other buildings. « show less Brexton Commercial is pleased to exclusively represent the owner in the sale of the Madison Executive Center at 940 Madison Avenue in Baltimore,... show more » View Details Brexton Commercial is pleased to exclusively represent the owner in the sale of the Madison Executive Center at 940 Madison Avenue in Baltimore, MD. The Madison Executive Center brings to the market an exceptional investment that provides a rare shelter to the negative forces of Covid-19 and recessionary national markets. Tenants such as FEI.com, LLC, Parker Psychiatric Services, and Dynamic Health Systems are medical companies, the likes of which have had demand remain historically strong through down markets. The balance of the tenants and additional income streams offers further diversity to help an investor hedge their risk. The investment can achieve an attractive pro-forma cap rate of 8.26%. The upside in the deal can be captured by leasing the 2,195 SF vacancy, re-leasing the 8,000 SF DLLR space, as well as stabilizing and increasing the parking revenue. Lastly, the property is arguably the only class A office building in this state government agency hub, which provides investors a competitive advantage and little competition to other buildings. Pricing: Per Person Pricing Availability: Now Listing ID: 3147664 Save to list

Office Space

For lease: Per Person Pricing

Brexton Commercial is pleased to exclusively represent the owner in the sale of the Madison Executive Center at 940 Madison Avenue in Baltimore,... show more »

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940 Madison Ave., Baltimore, MD 21201

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