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1340 Chesapeake Avenue

Mid Atlantic Express LLC Acquires 25400 Square Foot Warehouse In Baltimore For $4.5M
SOLDIndustrial

Mid Atlantic Express LLC Acquires 25400 Square Foot Warehouse In Baltimore For $4.5M

1340 Chesapeake Avenue

$4,500,000

$177/SF

Building Size

25,400 SF

Asset Type

Industrial

Closing

Nov 3, 2025

AI

Mid Atlantic Express LLC acquired a 25,400-sq-ft warehouse at 1340 Chesapeake Avenue in Baltimore, MD for $4.5M. The property, classified as industrial, is situated in the Curtis Bay area and was sold at a price per square foot of $177.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,500,000
  • Address: 1340 Chesapeake Avenue
  • Market: Baltimore, MD
  • Square Footage: 25,400
  • Price Per Square Foot: $177

MacKenzie Commercial Real Estate Services' Andrew Meeder, Daniel Hudak, and Matthew Curran represented the buyer in this transaction, facilitating the deal on behalf of Mid Atlantic Express LLC.

Players

Andrew Meeder

MacKenzie Commercial Real Estate Services

Broker

$77.4M

vol

20 deals

Broker
MacKenzie Commercial Real Estate Services
MacKenzie Commercial Real Estate ServicesBrokerage

Edgewater Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93