Origin Baltimore Terminal 5501 Pennington Ave Terrain 16,63 ha À louer Baltimore, MD 21226

INVESTMENT HIGHLIGHTS
DEVERSIFIED REVENUE STREAM
Multi-tenant property offers investors a wide range of revenue-producing income streams, including warehouse and IOS rental, tank rental, tractor & trailer parking and scale income, as well as dockage and transloading service revenue.

STRATEGIC WATER & RAIL LOGISTICS HUB
Situated on the north end of the B-W Corridor, with direct access to the Port of Baltimore waterways via Curtis Creek, Curts Bay and the Patapsco River, CSX Railway, I-95, I-695, I-97 and in close proximity to Key Bridge. New Key Bridge construction planned for 2025 thru 2028).

VALLUE-ADD OPPORTUNITY
Property affords new ownership upside and untapped value-added opportunities, including development/redevelopment of up to approximately 25 acres of raw land and improved property, as well as construction of new revenue-generating tankage.

EXTENSIVE HEAVY INDUSTRIAL & OIL INFRASTRUCTURE
Property is largely improved with onsite tankage, oil & gas piping, and heavy electric service, and features direct access to the CSX Railway (including existing double rail spur for 8 railcar stack), as well as 460 foot pier able to accommodate up to 620’ vessels with a maximum draft of 24’ at low tide.

ECONOMIC DEVELOPMENT INCENTIVES
Property is located in an Opportunity Zone, Enterprise Zone, and potentially eligible for multiple other economic development incentives, including Maryland One Maryland Tax Credit (OMTC), Job Creation Tax Credit (JCTC), Priority Funding Area Credits, EARN Maryland, Partnership in Workforce Quality Training Grant, Maryland Research and Development Tax Credit, Manufacturing 4.0 Grant, Strategic Demolition Fund to name a few. TD&A will connect you directly to your Maryland State and Baltimore City economic development representatives to determine what programs best fit your project needs.

VALUE-ADD OPPORTUNITY
DEVELOPMENT & REDEVELOPMENT
•	Rarely available opportunity to purchase between 12.31 and 18.50 (+/-) acres in rear of site as shown on the attached plan, including exclusive use of existing double rail spur (8 railcar stacking) and shared use of primary pier with 24’ deep water at draft. 
•	Potential for new owner to develop for its own use and / or for others up to approximately 25 acres for additional warehouse, IOS, tankage or other heavy waterfront industrial facility use.
•	Additional availability includes a 3.47-acre parcel with Pennington Avenue frontage, 2.03-acre waterfront parcel, tankage development area within the “racetrack” (concept for 2 new tanks of 5026 square feet per tank).
•	Navigable distance to Key Bridge; 4.25 miles by water and 5.65 miles by road.

TANKAGE REDEVELOPMENT
•	Two existing 18,000 Barrel Liquid Asphalt Tanks onsite are currently decommissioned, renovated, or may be replaced with new tanks.

STABILITY & VERSATILITY
•	Long-term credit tenants include Universal Environmental Services, Aggregate Industries / Holcim Group and Allan Myers.
•	Short-term leases at below-market rents with flexibility for owner to terminate leases and/or increase rents to market.
•	Flexibility for user to control its own destiny for its intended use of property. New owner may increase revenue by leasing vacant or re-leasing terminable leases of warehouse space and land at market rates.
•	As a result of the Key Bridge collapse, strong demand expected for next 5+ years from strategic water & rail logistics users of heavy marine industrial property. Planning is in progress and construction of the new Key Bridge expected to be complete by 2028 at projected cost of $2 billion.