40855 Merchants Ln

40855 Merchants Ln, Leonardtown, MD 20650

Property Information

  • For Lease $13.00 - $45.00/SF/YR
  • Property Type Office
  • Property Size 10,560 SF
  • Lot Size 0.97 Acre
  • Building Class B
  • Year Built 2006
  • Date Updated Oct 2, 2026

Description

Building description

Versatile Commercial Leasing Opportunity – Leonardtown, MD

 

Now available for lease, 40855 Merchants Lane offers flexible commercial space in a well-positioned professional building just minutes from downtown Leonardtown. With a strong mix of established tenants including physical therapy, pediatrics, and insurance services, the property benefits from consistent daily traffic and a professional business environment.

 

Suite 102 (±500 SF) is a cold, dark shell ideal for small office, retail, or service users seeking a customizable footprint. The space includes a bathroom rough-in, front-facing windows with parking visibility, and access through a shared foyer. Offered as a gross lease with landlord-paid NNN expenses. Tenant Improvement allowance negotiable.

 

Suite 201 (±3,500 SF) offers the entire second floor as an unfinished shell, providing a rare opportunity for full-floor occupancy or potential subdivision. The space features two stairwells, a dedicated foyer entrance, and future elevator potential. Ideal for office, medical, or multi-tenant configurations. Offered on a NNN lease structure, with TI allowance negotiable.

 

Convenient access to major commuter routes and close proximity to Leonardtown’s core amenities make this an excellent location for businesses looking to establish or expand in St. Mary’s County.

 

Building highlights

Building Description

 

40855 Merchants Lane is a well-maintained, multi-tenant professional building located in the heart of Leonardtown’s commercial corridor. The property offers a strong mix of medical and professional office users, including physical therapy, pediatrics, and insurance services, creating consistent daily traffic and a stable business environment.

 

The building features a welcoming presence with multiple access points, including a charming foyer entrance on the north side, and is designed for functionality with dual stairwell access and infrastructure in place for a future elevator. Ample on-site parking supports both tenants and visitors.

 

With flexible suite configurations ranging from small office spaces to full-floor opportunities, the property accommodates a variety of uses including office, medical, retail, and service-based businesses. Its proximity to downtown Leonardtown, major commuter routes, and surrounding amenities makes it an ideal location for businesses seeking visibility, accessibility, and long-term growth in St. Mary’s County.   

2 Spaces Available

#102

Space Type

Medical Office

Lease Rate

$25.00 - $45.00/SF/YR

Total Space

500 SF

Divisible Space

500 - 500 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

No

±500 SF office/retail suite at 40855 Merchants Lane, Leonardtown. Delivered as a cold, dark shell with bathroom rough-in, offering a flexible layout for office, retail, or service use. Features front-facing windows with parking visibility and shared foyer access. Strong co-tenancy including medical and insurance users. Gross lease—landlord covers NNN. TI allowance negotiable. Prime location near downtown Leonardtown.

   

#201

Space Type

Medical Office

Lease Rate

$13.00/SF/YR

Total Space

3,500 SF

Divisible Space

3,500 - 3,500 SF

# Of Parking Spaces

20

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

No

±3,500 SF second-floor suite at 40855 Merchants Lane, Leonardtown. Full floor available as an unfinished shell—ideal for office, medical, retail, or service use. Flexible layout for single or multi-tenant buildout. Features two stairwells, future elevator potential, and foyer access. Strong co-tenancy. NNN lease; TI allowance negotiable. Prime location near downtown Leonardtown.

 

   

Contacts

Location

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