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Ritchie Robinson Plaza 497 Ritchie Hwy 2,000 SF of Retail Space Available in Severna Park, MD 21146
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
497 Ritchie Hwy - 1st Floor
Retail-Office Space Coming Available 4/1 Established Retail, Office Community Center located at Main and Main of Severna Park along Ritchie Highway 2,000 SF available Ample Parking with multiple access points Contact Broker for more details
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT RITCHIE ROBINSON PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ava Nails & Lashes
- Salon/Barber/Spa
- 1
- Local
- Blue Sky Wellness
- Health Care
- 1
- -
- Donut Shack
- Donut Shop
- 1
- Local
- El Poblano Restaurant
- Restaurant
- 1
- Local
- SassWell
- -
- 1
- -
- Verizon
- Wireless Communications
- 8,514
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ava Nails & Lashes | Salon/Barber/Spa | 1 | Local |
| Blue Sky Wellness | Health Care | 1 | - |
| Donut Shack | Donut Shop | 1 | Local |
| El Poblano Restaurant | Restaurant | 1 | Local |
| SassWell | - | 1 | - |
| Verizon | Wireless Communications | 8,514 | International |
PROPERTY FACTS
| Total Space Available | 2,000 SF | Frontage | 181’ on Ritchie Hwy |
| Center Type | Strip Center | Gross Leasable Area | 22,494 SF |
| Parking | 20 Spaces | Total Land Area | 2.03 AC |
| Stores | 1 | Year Built | 1986 |
| Center Properties | 1 |
| Total Space Available | 2,000 SF |
| Center Type | Strip Center |
| Parking | 20 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 181’ on Ritchie Hwy |
| Gross Leasable Area | 22,494 SF |
| Total Land Area | 2.03 AC |
| Year Built | 1986 |
ABOUT THE PROPERTY
Ritchie Robinson is a 20,000 SF +/- retail center located in Severna Park, Maryland. This community neighborhood strip center provides huge retail exposure to the daily traffic (55,000 + Cars Per Day) passing directly in front each day as they travel toward Rte.10/Rte.100 to 695 and I-97. The center consists of a mix of retail service oriented businesses, including The Donut Shack (an institution in Severna Park), Verizon Wireless, PItaya Mexican Restaurant, Ava Nails, and Magnolia Wellness. Severna Park is a market of its own outside of Annapolis, and is extremely established with the enterprising professionals and savvy-suburbanite demographics. This corridor is full and growing with significant residential and commercial density, A+/blue ribbon schools. Severna Park High School (Blue Ribbon School) In addition, this center is close to a top community college in our market, Anne Arundel Community College (AACC). The property is centrally located at ‘Main & Main’ along Ritchie Highway with providing two forms of ingress/ egress to Ritchie Highway and Asbury Drive. Situated among a strong retail corridor, the asset is surrounded by a premier 5 mile demographic with an average household income of $142,188 and population of 135,795. Strong surrounding demographics contribute to a high demand that outweighs retail supply over a 3 mile radius, not to mention, the high barrier to entry for new retail. Severna Park is expected to continue to increase its density and population.
- 24 Hour Access
- Bus Line
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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Ritchie Robinson Plaza | 497 Ritchie Hwy
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