Pasadena, MD Commercial Real Estate for Lease - 13 Listings

The Horizons

8028 Ritchie Hwy, Pasadena, MD
Property

Office

125,000 SF
Availability

4 Spaces

9,530 SF
Year Built

1987
For Lease Contact for pricing
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Hess Plaza

8971 Fort Smallwood Rd, Pasadena, MD
Property

Retail

24,415 SF
Availability

7 Spaces

5,452 SF
For Lease

$500.00 - $3,000.00/MO
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Carpenter Building

6 S Ritchie Hwy, Pasadena, MD
Property

Retail

6,366 SF
Availability

1 Space

900 SF
Year Built

2001
For Lease

$17.95/SF/YR
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Mountain Rd Strip Center

2441 Mountain Road, Pasadena, MD
Property

Retail

4,198 SF
Availability

1 Space

600 SF
Year Built

1965
For Lease

$16.00/SF/YR
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Pad Site

4320 Mountain Road, Lake Shore, Pasadena, MD
Property

VacantLand
Availability

1 Space

36,155 SF
For Lease

$100,000.00/SF/YR
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305-307 Mountain Road

305-307 Mountain Road, Pasadena, MD
Property

VacantLand

1.62 Acre
Availability

1 Space

1.62 Acre
For Lease Contact for pricing
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8249 Ritchie Highway

8249 Ritchie Highway, Pasadena, MD
Property

Retail

3,392 SF
Availability

1 Space

1,000 SF
For Lease Contact for pricing
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Lakeshore Plaza

4191 Mountain Road, Lake Shore, Pasadena, MD
Property

Retail

67,651 SF
Availability

1 Space

1,300 SF
Year Built

1985
For Lease Contact for pricing
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Magothy Beach Plaza

31 Magothy Beach Rd, Lake Shore, Pasadena, MD
Property

Retail

9,490 SF
Availability

2 Spaces

3,593 SF
Year Built

2006
For Lease Contact for pricing
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Festival at Pasadena

8131 Ritchie Hwy, Pasadena, MD
Property

Retail

36,310 SF
Availability

7 Spaces

18,766 SF
Year Built

1987
For Lease

$22.50/SF/YR
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8223-8225 Baltimore Annapolis Blvd

8223 Baltimore Annapolis Blvd, Pasadena, MD
Property

Industrial

21,143 SF
Availability

2 Spaces

21,413 SF
For Lease Contact for pricing
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Chesterfield Plaza

8095 Edwin Raynor Blvd, Lake Shore, Pasadena, MD
Property

Retail

53,391 SF
Availability

1 Space

1,260 SF
Year Built

1987
For Lease Contact for pricing
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umpers Junction Shopping Center

8114 Ritchie Highway, Pasadena, MD
Property

Retail

65,000 SF
Availability

2 Spaces

6,000 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Pasadena commercial real estate market incorporates 133,000 square feet of office space across 4 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Pasadena commercial real estate market includes 273,923 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Pasadena market, there is a total of 24,143 square feet of industrial property.

The listing inventory in Pasadena incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Pasadena is represented by Retail space, which accounts for 31,611 square feet of available listings. Industrial space available in Pasadena adds up to 21,413 square feet.

Meanwhile, most of the listings of commercial property for sale in Pasadena are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Pasadena is $18.68 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Pasadena can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Pasadena, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $22.5 per square foot. In particular, the property type commanding the highest lease rates in Pasadena was Retail space.

The average size of a commercial property in Pasadena depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Pasadena, the average size of an office property is 66,500 square feet.
Retail properties here incorporate an average of 27,393 square feet.
Industrial space in Pasadena is in buildings that are, on average 12,072 square feet in size.

Pasadena, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Pasadena currently add up to 169,276 square feet. The market offers 3 active office listing(s), which amount to 9,530 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 31,611 square feet across 9 retail space(s). Industrial space for rent opportunities in Pasadena amount to 21,413 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	3	9,530
Retail	9	31,611
Industrial	1	21,413
Other	2	106,722

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Pasadena, MD. Currently, there is 14,710 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	8,000
Retail	1	3,710
Industrial	1	3,000

Pasadena, MD Commercial Real Estate for Lease - 13 Listings

The Horizons

Hess Plaza

Carpenter Building

Mountain Rd Strip Center

Pad Site

305-307 Mountain Road

8249 Ritchie Highway

Lakeshore Plaza

Magothy Beach Plaza

Festival at Pasadena

8223-8225 Baltimore Annapolis Blvd

Chesterfield Plaza

umpers Junction Shopping Center

Frequently Asked Questions

Pasadena, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Pasadena, MD Commercial Real Estate for Lease - 13 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Pasadena, MD?

What factors affect the price of commercial real estate in Pasadena, MD?

What is the average rent for commercial space in Pasadena, MD?

What are the best areas for commercial real estate in Pasadena, MD?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Pasadena, MD?

Pasadena, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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About us