1325-1381 Western Avenue — Lease in Baltimore, MD
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Baltimore, MD 21230
- Size: 42,200 SF
Description
Direct I-95 visibility Immediate access to I-95 Maryland Enterprise Zone
Market Context
This industrial in Baltimore, MD is listed for lease across 42,200 SF. It has been on the market for 54 days. Compare it against other industrial listings for lease in Baltimore, MD — view the full market.
As of Q1 2026, the Baltimore industrial market showed an 8.7% vacancy rate, average asking rents near $11.02/SF/yr, rents up 8.7% year over year, and cap rates around 5.2%. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Industrial market FAQ
- What is the typical cap rate for industrial in Baltimore?
- About 5.2% as of Q1 2026, per multiple brokerage reports.
- Is the Baltimore industrial market tightening or softening?
- Vacancy is around 8.7%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$0.78/SF/mo – $1.06/SF/mo
Mid: $0.92/SF/mo
Estimated total for 42,200 SF: $38,824 per month
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Brian Kruger · 1410625-4211 · brian.kruger@nmrk.com
- Brian Kruger · 1410625-4211 · brian.kruger@nmrk.com
- Thomas Hinder · 1410844-4010 · thomas.hinder@nmrk.com
- Erik Evans · 1410844-4003 · erik.evans@nmrk.com
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