495 495 - Cloudinary · 2021. 4. 29. · 495 495 301 301 381 381 5 5 csx railroad alexandria, va 30...
8
495 495 301 301 381 381 5 5 CSX RAILROAD ALEXANDRIA, VA 30 MINUTE DRIVE WASHINGTON, DC 30 MINUTE DRIVE BALTIMORE 50 MINUTE DRIVE BRANDYWINE ROAD MLP EXECUTIVE SUMMARY STRATEGIC 89-ACRE “LAST-HOUR” INDUSTRIAL DEVELOPMENT OPPORTUNITY
Transcript of 495 495 - Cloudinary · 2021. 4. 29. · 495 495 301 301 381 381 5 5 csx railroad alexandria, va 30...
495 495
301
301
381
381
5
5
CSX RAILROAD
ALEXANDRIA, VA30 MINUTE DRIVE
WASHINGTON, DC30 MINUTE DRIVE
BALTIMORE50 MINUTE DRIVE
BRANDYWINE ROAD
MLP
EXECUTIVE SUMMARY
STRATEGIC 89-ACRE “LAST-HOUR” INDUSTRIAL DEVELOPMENT OPPORTUNITY
Jones Lang LaSalle, a Maryland licensed real estate broker (“JLL”), is pleased to offer for sale a prime 89-acre development opportunity (the “Property” or “Mattawoman Logistics Park”) in Brandywine, Maryland. The Property consists of three parcels which are currently zoned I-2 (Heavy Industrial). The Property is located adjacent to Route 381 (Brandywine Road) and is just 1.3 miles from the intersection Route 301 and Route 5, offering North/South access to the Capital Beltway (I-495) and the Baltimore-Washington Corridor. The Property benefits from incredible access to the burgeoning Washington D.C. metro population, which boasts some of the nation’s most sought after demographics including spending power, population growth, educational attainment, and home value. The Property also has nearby proximity to 3 major airports (Dulles International, Reagan National and Baltimore-Washington International) and the Port of Baltimore offering true multi-modal accessibility for a development opportunity of scale in a core market.
POTENTIAL DEVELOPMENT PLAN
PROPERTY DETAILSAddress 14167, 14169 & 14175 Brandywine Road
Brandywine, Maryland 20613
Prince Georges County PIN 11-1160548, 11-1175447, 11-1140821
Planning Jurisdiction Prince George's County
Acreage / Land Square Feet 88.93 / 3,873,791 SF
Current Use Partially developed, vacant
Zoning I-2 (Heavy Industrial)
Development Potential TBD based on Site Plan approval Proposed site plans assume 675,000 - 1,071,360 SF
By-Right Uses Distribution, Storage Warehouse and Other Industrial Uses
Utilities TBD
Availability Available immediately with preference for quick closing
DEMOGRAPHIC INFORMATION2020 50 Mile Radius 200 Mile Radius 600 Mile Radius
Population 8,019,757 34,020,009 138,827,429
Households 3,003,812 12,937,100 53,774,340
Median Age 37.8 39.9 39.7
Median HH Income $97,658 $73,223 $62,770
Average HH Income $133,724 $103,510 $91,447
Projected Population 2025 8,357,019 34,845,907 142,412,421
Projected Pop. Growth to 2025 4.2% 2.4% 2.6%
Providence
Charlottesville
Ocean CIty
Arlington
Annapolis
Baltimore
Albany
Hartford
Pittsburgh HarrisburgTrenton
Dover
Wilmington
Newark
Yonkers
Rochester
HarpersFerry
Lancaster
NiagaraFalls
New Haven
Syracuse
Allentown
Erie
Philadelphia
DELAWAREWASHINGTON, DC
Atlantic City
Scranton
Worcester
Morgantown
Corning
York
Carlisle
Wilkes-Barre
Altoona
Reading
Binghamton
Bedford
Gettysburg
Concord
Boston
Portsmouth
Toronto
Hamilton
90
81
88
80
79
390
17
90
80
76
76
7881
81
83
68
70
270
81
66
79
95
95
95
495
380
195
13
301
87
90
495
39584
84
64
29
99
86
91
84
30
30
476
8987
81
6
15
15
3381
PORT OF WILMINGTON
PORT OF PHILADELPHIA
PORT OF NEW YORK/ NEW JERSEY
PORT OF BALTIMORE
New York
N.J.
CONN.
MARYLAND
WEST VIRGINIA
VIRGINIA
PENNSYLVANIA
LAKE ONTARIO
ONTARIO
Lake Erie
NEW YORK
NEW HAMPSHIRE
MASSACHUSETTS
VERMONTVERMONT
ATLANTIC OCEAN
200 MILES
100 MILES
DULLES INTERNATIONAL AIRPORT
RONDALD REAGAN NATIONAL AIRPORT
MLP495
BALTIMORE INTERNATIONAL AIRPORT
381
2
Providence
Charlottesville
Ocean CIty
Arlington
Annapolis
Baltimore
Albany
Hartford
Pittsburgh HarrisburgTrenton
Dover
Wilmington
Newark
Yonkers
Rochester
HarpersFerry
Lancaster
NiagaraFalls
New Haven
Syracuse
Allentown
Erie
Philadelphia
DELAWAREWASHINGTON, DC
Atlantic City
Scranton
Worcester
Morgantown
Corning
York
Carlisle
Wilkes-Barre
Altoona
Reading
Binghamton
Bedford
Gettysburg
Concord
Boston
Portsmouth
Toronto
Hamilton
90
81
88
80
79
390
17
90
80
76
76
7881
81
83
68
70
270
81
66
79
95
95
95
495
380
195
13
301
87
90
495
39584
84
64
29
99
86
91
84
30
30
476
8987
81
6
15
15
3381
PORT OF WILMINGTON
PORT OF PHILADELPHIA
PORT OF NEW YORK/ NEW JERSEY
PORT OF BALTIMORE
New York
N.J.
CONN.
MARYLAND
WEST VIRGINIA
VIRGINIA
PENNSYLVANIA
LAKE ONTARIO
ONTARIO
Lake Erie
NEW YORK
NEW HAMPSHIRE
MASSACHUSETTS
VERMONTVERMONT
ATLANTIC OCEAN
200 MILES
100 MILES
DULLES INTERNATIONAL AIRPORT
RONDALD REAGAN NATIONAL AIRPORT
MLP495
BALTIMORE INTERNATIONAL AIRPORT
DESTINATION DRIVING TIMEWashington, DC 30 MinBaltimore, MD 50 MinRichmond, VA 1 Hrs 50 MinPhiladelphia, PA 2 Hrs 15 MinNorfolk, VA (Port of VA) 3 Hrs 10 MinNew York City, NY 3 Hrs 40 MinPittsburgh, PA 4 Hrs 10 MinBoston, MA 6 Hrs 50 Min
17 MINUTES TO CAPITAL BELTWAY (I-495)
40 MINUTES TO I-66 (FAIRFAX COUNTY)
45 MINUTES TO I-270 (MONTGOMERY COUNTY)
66
270
3
BRANDYWINE RDRT. 381
CSX RAILROAD
AIR
FORC
E RD
EXISTING STORMWATER MANAGEMENT
EXISTING VEGETATION
INDUSTRIAL/
WAREHOUSE
BLDG. 100,000 SF
(250’x400’)
INDUSTRIAL/
WAREHOUSE BLDG.
137,500 SF (250’ x 550’)
INDUSTRIAL/WAREHOUSE
BLDG. 212,500 SF (2
50’ x 850’)
INDUSTRIAL/WAREHOUSE BLDG.
225,000 SF (250’ x
900’)
EXISTING VEGETATION
GREEN SPACE
40
80
165
60
50
180
110
50
POTENTIAL SITE PLAN A
SITE DATA • Zoning: I-2 Heavy Industrial
• Existing Use: Vacant
• Warehouse Space: 675,000 SF
• Frontage: 230 ± FT on Major Collector
• Parking: 735 Spaces
• 1.08 Spaces per 1,000 SF
4
BRANDYWINE RDRT. 381
CSX RAILROAD
AIR
FORC
E RD
EXISTING STORMWATER MANAGEMENT
EXISTING VEGETATION
INDUSTRIAL/
WAREHOUSE
BLDG. 100,000 SF
(250’x400’)
INDUSTRIAL/
WAREHOUSE BLDG.
137,500 SF (250’ x 550’)
INDUSTRIAL/WAREHOUSE
BLDG. 212,500 SF (2
50’ x 850’)
INDUSTRIAL/WAREHOUSE BLDG.
225,000 SF (250’ x
900’)
EXISTING VEGETATION
GREEN SPACE
40
80
165
60
50
180
110
50
70'
SETBACK70'
SETBAC
K
70'
SETBACK
620'
1728'
POTENTIALOFFICE
50'6
0' 54'TYP.
60'
60' 13
0'70'
PROPOSED BUILDING1,071,360 SF FOOTPRINT
50'
60'
60'
60'
130'
70'
+/- 134 TRAILER STALLS
+/- 114 TRAILER STALLS
+/- 268 AUTOSTALLS
+/- 210 AUTOSTALLS
N CONCEPTUAL SITE PLAN
14175 BRANDYWINE ROAD
SCHEME 01 | AS275-21 | 04.27.2021BRANDYWINE, MD 20613 01
This conceptual design is based upon a preliminary review of entitlement requirementsand on unverified and possibly incomplete site and/or building information, and isintended merely to assist in exploring how the project might be developed.
PROJECT DATA:SITE AREA: +/-90.91 ACRES
BUILDING AREA:FOOTPRINT: 1,071,360 SF
BUILDING USE:WAREHOUSE: 1,065,960 SFOFFICE: 5,400 SF
PARKING REQUIRED:WAREHOUSE: 3 SPOTS FIRST 1500 SF
ADDITIONAL 1 SPOT PERADDITIONAL 1500 SF UP TO 100,000 SFADDITIONAL .20 SPOT PERADDITIONAL 1,000 SF ABOVE 100,000 SF(261 SPOTS REQUIRED)
OFFICE: 1 SPOT PER 250 SF FOR FIRST 2,000 SFADDITIONAL 1 SPOT PER400 SF FOR SF ABOVE 2,000 SF(17 SPOTS REQUIRED)
AUTO PARKING PROVIDED: +/- 478 STALLSTRAILER PARKING PROVIDED: +/- 248 STALLS
TRUCK DOCKS:200 DOCK HIGH DOOR POSITIONS
100 2000 500
SCALE 1" = 100'
50
POTENTIAL SITE PLAN B
SITE DATA • Total Square Footage: 1,071,360 SF
• Parking: 478 Auto Parking Stalls; 248 Trailer Stalls
• Docks: 200 Dock High Door Positions
• Truck Court: 130’ Depth
5
DETAILED PARCEL & HISTORICAL TAX INFORMATION
Historical Taxes Parcel A Parcel B Parcel C Total
Address 14175 Brandywine Road 14169 Brandywine Road 14167 Brandywine Road
Acreage / GPIN 87.00 Acres 11-1140821 0.89 Acres 11-1175447 1.04 Acres 11-1160548 88.93 Acres
TY 2021 $106,056 $1,752 $2,291 $110,099
TY 2020 $106,060 $1,752 $2,291 $110,104
TY 2019 $104,653 $1,731 $2,206 $108,590
The tax levy year in Prince Georges’ County is from July 1st through June 30th. Property values are assessed and phased-in over a three-year period. The existing millage rate is 1.486% of assessed value, and properties can be subject to additional charges such as solid waste, Front Foot, or Clean Water Act. A full breakdown of the rate and charges for TY 2021 are listed below:
14175 Brandywine Millage Rate Charge
County 1.000% $71,138.00
State 0.112% $7,967.46
M-NCPPC 0.294% $20,914.57
Stormwater/Flood Control 0.054% $3,841.45
WSTC 0.026% $1,849.59
Total 1.486% $105,711
Front Foot - $324.36
Clean Water Act - $20.59
Total $106,056
14169 Brandywine Millage Rate Charge
County 1.000% $1,094.00
State 0.112% $122.53
M-NCPPC 0.294% $321.64
Stormwater/Flood Control 0.012% $13.13
WSTC 0.026% $28.44
Total 1.444% $1,580
Other Taxes/Fees - $60.00
Solid Waste $91.77
Clean Water Act - $20.58
Total $1,752
14167 Brandywine Millage Rate Charge
County 1.000% $1,528.00
State 0.112% $171.14
M-NCPPC 0.294% $449.23
Stormwater/Flood Control 0.054% $82.51
WSTC 0.026% $39.73
Total 1.486% $2,271
Clean Water Act - $20.58
Total $2,291
6
495 495
301
301
381
381
5
5
CSX RAILROAD
ALEXANDRIA, VA30 MINUTE DRIVE
WASHINGTON, DC30 MINUTE DRIVE
BALTIMORE50 MINUTE DRIVE
BRANDYWINE ROAD
BETHESDA, MD48 MINUTE DRIVE
RESTON, VA48 MINUTE DRIVE
TYSONS, VA45 MINUTE DRIVE
MLP
7
ROB CAREYSenior Director
JOHN DETTLEFFSenior Managing Director
LEASINGFINANCING
BILL PRUTTINGSenior Managing Director
JAY WELLSCHLAGERManaging Director443.452.1516
CRAIG CHILDSDirector
BRUCE STRASBURGSenior Managing Director
INVESTMENT ADVISORY
Jones Lang LaSalle Americas, Inc. or its state-licensed affiliate (“JLL”) has been engaged by the owner of the property to market it for sale. Information concerning the property described herein has been obtained from sources other than JLL, and neither Owner nor JLL, nor their respective equity holders, officers, directors, employees and agents makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser. JLL and owner disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2021. Jones Lang LaSalle IP, Inc. All rights reserved. **The outbreak of the COVID-19 virus (novel coronavirus) since the end of January 2020 has resulted in market uncertainty and volatility. While the economic impact of a contagion disease generally arises from the uncertainty and loss of consumer confidence, its impact on real estate values is unknown at this stage. Given the prevailing domestic and global uncertainty arising from the Coronavirus, we recommend that the intended recipients of this information regularly seek our guidance.
