Thomas Hays Building120 Hays Street • Bel Air, Maryland • Investment Opportunity
The Thomas Hays Building is a premier Class-A office building situated in the County Seat of Baltimore’s Harford County. Located at 120 Hays Street in Bel Air, Maryland, amidst government buildings and affluent residential neighborhoods, the Thomas Hays Building offers the best of Bel Air in terms of building finishes, location and credit tenancy. The 26,868 square foot, 3-story building built in 2001 features an all brick exterior with a marble lobby interior and was the recipient of the Archer-Bull Award for design and construction excellence.
Investment Highlights
• Net leased to investment grade tenant
• Leased to separate divisions of Harford County Government with staggered rollover
• Class A, all brick modern construction in market with limited quality product
• Nestled in the central business district of Bel Air, in Harford County’s Government Seat, in a government building enclave
• In high growth marketplace benefitting greatly from BRAC Initiative
• Abundant parking in market where many buildings lack designated parking
Property Details• Building size: 26,868 square feet• Occupancy: 100% leased• Class: A• Stories: 3• Year built: 2001• Parking: 82 surface spaces; 3.07/1,000 s.f.• Lease type: NNN• In place NOI: $632,000+/- annually
Situated in the County Seat of Harford County, amidst government buildings and affluent residential neighborhoods.
The market benefits from the commercial, residential, educational, and job growth due to the Department of Defense’s recent Base Realignment and Closure (BRAC) recommendations.
SITE SIZE 0.86 Acres
TOTAL BUILDING AREA 26,868 square feet
PROPERTY ADDRESS 120 Hays StreetBel Air, MD 21014
YEAR BUILT 2001
NO. OF FLOORS 3
PARKING 82 spaces
ZONING Office
BUILDING EXTERIOR Brick construction
TENANCY Single tenanted to different units of Harford County Health Department
OCCUPANCY 100%
TELECOMMUNICATIONS Direct fiber connections in the building
WATER/SEWER Public water and sewer services
ELEVATORSTwo (2) elevators serving office levels
ROOF Asphalt shingle
LIFE SAFETYSprinklered; emergency exit signs, fire extinguishers, and smoke detectors throughout the building
ZONING B2A
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