Olde Town Gaithersburg has undergone a multi-year redevelopment plan to create a town center plan including retail, office and multi-family facilities. Olde Town Gaithersburg is one of 14 MARC Train stations serving Western MD on the Brunswick line. The property was re-zoned to CBD but retains I1 use until use change occurs.
5 acresPrice Upon Req.
5.3 Acres Zoned R-200 TDR Pre-plan approved in 2007 for 10 lots Existing home on site with income potential Close to ICC and I-270 - BioTech Corridor Owner accepting offers
Convenient office space, high ceiling storage with mezzanine, production space and a windowed showroom. Property has two glass storefront entries and separate reception areas. Fully finished upper level has twelve large offices, restrooms, conference room, and a kitchen area with sink & fridge. Space is fully air conditioned and sprinkled. First floor includes windowed offices, a showroom, open space, and four restrooms. The building has three drive in doors, a two-story delivery area and emergency generator. Seller has ability to terminate the current lease in the property for a full building user.
Currently Sardi's Restaurant; they have a long term lease in place. Great location! 6000 sq ft of commercial space.Contact Jacob Middel for Price details!
Location: 8 Brookes Avenue Gaithersburg, MD 20877 Land area: 17,532+/- square feet Zoning: Residential Buffer. This zoning allows for, among other things, a wide variety of general and professional office uses. Improvements: The property is improved with a renovated commercial office building with 4,934 square feet on two stories above grade. In addition, there is basement of 900 +/- square feet and an attic of 950 +/- square feet. Four restrooms, two kitchenetttes. Ideally subdivided for multiple tenants. The building is fully sprinklered, has four separate HVAC systems, five separate electrical meters, and energy efficient multi-level lighting. Off street parking with 20 spaces plus surface street parking on Brookes Avenue. Tenancies: Currently fully leased (10 tenants). Can convey 100% leased or with available space for purchaser/user. Price: $1,075,000.00
Convenient office space, open storage and production space. Property has a glass storefront entry and reception area. 3,800 SF fully finished mezzanine has twelve large offices, restrooms, conference room, and a kitchen area with sink & fridge. Space is fully air conditioned and sprinkled. 4,000 SF first floor open space has two restrooms and many uses from storage to lab space. The building has a drive in door, two-story delivery area and emergency generator.
72,702 SFPrice Upon Req.
This development features 184,709 square feet of retail space, including two pad sites located in Gaithersburg, Maryland. Anchor tenants include Lotte Plaza Market, Sun & Ski, Family Dollar, Planet Fitness, and more. Tenant:Lotte Plaza MarketLocation:Festival at Muddy BranchLease:10-year single tenant lease (as of January 2014)Increases:1.5% annually beginning Year 6NNN Lease:Tenant responsible for taxes, insurance, and condo feeLandlord Responsibility:Roof* & structure *Roof is new as of May 2014 with a 20-year warrantyPrice:$ 8,250,000First Year Rent:$ 551,250Cap Rate:6.7%
Olde Town Gaithersburg is undergoing a multi-year redevelopment plan to create a town center plan.
5,904 SFPrice Upon Req.
Excellent Opportunity to Purchase - Ability to create up to approximately 35,000 SF lot.