Preston Gateway Corporate Park - 1405 Magellan Road

Off Market

1405 Magellan Road, Hanover, MD 21076

  • Industrial
  • Warehouse/Distribution
  • 172,620 Sqft

Preston Gateway Corporate Park - 1405 Magellan Road, Hanover, MD 21076 - Industrial Space

Preston Gateway Corporate Park - 1405 Magellan Road is located at 1405 Magellan Road in MD, Hanover, 21076. The Class A Industrial building was completed in 2007 and features a total of 172,620 Sqft.

There are 54 industrial spaces for lease in the Hanover city, totaling 1,004,677 Sqft of available industrial space. The industrial space availability for the 21076 zip code is 1,004,677 Sqft, in 54 industrial spaces. The average asking industrial rent per sq. ft. in Hanover is $7.52/sqft/year. For Class B industrial buildings the average industrial rate is $8.96/sqft/year.

In Hanover, there are 23 class A industrial buildings. In 2007, the same year Preston Gateway Corporate Park - 1405 Magellan Road was built, 21 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Hanover, featuring 387,980 square feet of commercial space. At zip code level, there are 101 commercial properties, of which 64 are industrial buildings over 50,000 square feet.

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Details

  • City Hanover
  • Zip Code 21076
  • Market Baltimore
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 172,620 Sqft
  • Lot Size 17.97 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2007

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Preston Gateway Corporate Park - 1405 Magellan Road?

Preston Gateway Corporate Park - 1405 Magellan Road totals 172,620 square feet.

When was this property built?

Preston Gateway Corporate Park - 1405 Magellan Road was built in 2007.

Hanover Demographics

The average household income in zip code 21076 is $131,184, from a total of 6,939 households. In terms of employment, there are 85.45 % white-collar and 14.55 % blue-collar jobs in zip code 21076.

Population

  • Total Population17,441
  • Male Population(48.2 %) 8,402
  • Female Population(51.8 %) 9,039
  • Median Age36.90

Income/Financial

  • Average Household Income$93,983
  • Median Household Income$117,017
  • Median Income Under 25$61,792
  • Median Income 25-44$106,363
  • Median Income 45-64$149,958
  • Median Income Over 65$74,688