5501 Pennington Avenue

For Lease

5501 Pennington Avenue, Baltimore, MD 21226

5501 Pennington Avenue currently offers 1 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include warehouse/distribution. The minimum space size listed is 16,000 square feet. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 5501 Pennington Avenue.

Space Available For Lease 1

Contacts

broker
Steven L. Cornblatt

Trout Daniel & Associates

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 140,325 SF
  • Units 15
  • Lot Size 41.01 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated May 14, 2025
  • Column Spacing 200.0x80.0'
  • Dock High Doors 15
  • HVAC None
TD&A is pleased to exclusively represent Origin Baltimore Terminals on the sale of the 4-parcel, 41.01-acre site, identified as 5501 Pennington Avenue, former headquarters of Origin Americas. In addition to acquisition of the entire 41-acre waterfront property, ownership is now offering the rare opportunity to purchase a subdivided portion of the property adjacent to its deep water (24’) pier, which land area may range between 12.31 (+/-) and 18.50 (+/-) acres, including exclusive use of the existing CSX rail spur with stacking for up to 8 railcars. With the property’s main entrance at the intersection of Pennington Avenue and Birch Street in Curtis Bay, the 41 acres is improved by multiple buildings constructed at varying times, and measuring 140,325 (+/-) square feet in all. The property is located in an Opportunity Zone. At present, the Property is anchored by long term credit tenants, Universal Environmental Services, Aggregate Industries / Holcim Group, and Allan Myers. With a newly executed 25-year, contingent ground lease, the property will potentially generate in excess of $3,400,000 in annual Gross Income through multiple diversified revenue streams, including warehouse, IOS, tankage rentals, scale and parking income, as well as dockage and transloading revenue. Zoned MI and I-2, the Pennington Avenue location provides the unique opportunity for a strategic operator requiring exclusive use of CSX rail and deep water to own prime industrial property in the land-constrained B-W Corridor, with direct access to the Port of Baltimore waterways, CSX Railway, I-95, I-695, I-97 and in close proximity to the Key Bridge reconstruction site. More specifically, in addition to being located in an Opportunity Zone, Enterprise Zone, and potential eligibility for multiple other economic development incentives, 5501 Pennington provides an owner-operator with maximum flexibility to add value via redevelopment and adaptive repurpose of up to approximately 25 acres of raw land and improved property, with restructuring or termination of existing below-market leases, maximizing underutilized dockage and transloading revenue, and new tank construction.
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Getting around

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  • 42/100

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Location

  • City Baltimore, MD
  • Neighborhood Curtis Bay Industrial Area
  • Zip Code 21226
  • Market Baltimore

Points of Interest

  • Patapsco

    2.88 miles

  • Nursery Road

    2.96 miles

  • Ferndale

    3.71 miles

  • Cherry Hill

    3.72 miles

  • Glen Burnie

    4.01 miles

  • Stadium / Federal Hill

    4.61 miles

  • Camden Street

    4.88 miles

  • Camden Station

    4.92 miles

  • BWI Airport

    5.07 miles

  • Shot Tower

    5.11 miles

  • Gulf

    1.46 miles

  • Sunoco

    1.48 miles

  • Shell

    1.50 miles

  • American Gas

    1.50 miles

  • Costco Gasoline

    1.58 miles

  • Citgo

    1.74 miles

  • BP

    1.99 miles

  • Carroll Motor Fuels

    2.01 miles

  • Royal Farms

    2.02 miles

  • Blink

    2.24 miles

  • Citgo Quik Wash

    1.76 miles

  • Canton Car Wash

    2.29 miles

  • Enterprise

    2.49 miles

  • Budget

    3.14 miles

  • Rent A Wreck

    3.93 miles

  • Squeaky Clean Car Wash

    4.32 miles

  • Midway Car Wash

    4.51 miles

  • Avis

    4.53 miles

  • Herc Rental

    4.84 miles

  • The Wax Shop

    4.92 miles

  • Domino's

    1.42 miles

  • Dunkin'

    1.46 miles

  • El Salto

    1.46 miles

  • Long John Silver's

    1.46 miles

  • Pizza Boli's

    1.46 miles

  • Popeyes

    1.46 miles

  • Taco Bell

    1.47 miles

  • McDonald's

    1.51 miles

  • Papa John's

    1.54 miles

  • DQ Grill & Chill

    1.55 miles

5501 Pennington Avenue Listing Brief

  • The rental rate for available space at 5501 Pennington Avenue is offered upon request. Use the contact form at the top of the listing page to reach out to the property representative and get more information regarding the current listing rate.

    The asking price varies based on the location of the property, with proximity to transportation hubs, access to highways or ports playing a key role in the building's valuation. Other factors that influence cost are the property's age, its quality rating, as well as its onsite facilities and features.

  • It is available for lease as Multi-Tenant space.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

  • The property features 15 loading dock doors, ensuring that the loading and unloading of cargo in and out of the facility is both efficient and safe.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

  • Column spacing, which is also sometimes referred to as clear span or bay depth, refers to the distance measured between posts or vertical support elements in the building. At this property, column spacing is 200.0x80.0’.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Steven L. Cornblatt

Trout Daniel & Associates

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