12069 Tech Rd
5,168 SF Office Condo Unit Offered at $1,199,000 in Silver Spring, MD 20904
INVESTMENT HIGHLIGHTS
- Flex 20ft ceilings, rollup drive in, directly off Route 29 and 2 miles from the interconnect and interstate 95.
EXECUTIVE SUMMARY
Montgomery Industrial Park, Flex Condo and Duplex Units.
PROPERTY FACTS
1 UNIT AVAILABLE
Unit 12069
| Unit Size | 5,168 SF |
| Price | $1,199,000 |
| Price Per SF | $232.00 |
| Condo Use | Office |
| Sale Type | Owner User |
DESCRIPTION
There are 294 lined parking spaces / 17 units = 17 per unit. 2 more spaces directly behind the overhear doors. Probably 6 other unassigned areas available for parking. At this point, there is no dedicated parking, but the BOD is authorized to approve parking policy.
Condo Association – Reserves adequately funded. Recent roof replacement (60%). Condo responsibility.
SALE NOTES
General details of 12069 Tech Rd.
HVAC – Installed 5/27/2020 Trane 5 Ton 18 SER 13.2 EER Downstairs, Trane 3 Ton Upstairs – Model XL18i 2-stage Outdoor A/C and XV80 2-stage gas furnace. 10-year parts, 12-year compressor, 5-year labor warranty, heat exchanger 20-year warranty. Smart control thermostat.
2 electrical panels – 24 breakers downstairs 18 breakers upstairs
$60,000 upgrade done 2018 – LVP downstairs foyer, halls, kitchen/conference area, new carpet throughout. Fresh paint, kitchen, cabinets, refrigerator, sink, new bathroom fixtures, tile/shower, countertops & vanities, reception area coffee bar. New windows downstairs (4). New trim. LED lighting throughout. New water heater. Professionally decorated.
Downstairs:
Reception area with coffee bar and refrigerator. TV rough in.
1 large office, 3 smaller offices, reception area, large conference area used for employees. Supply cabinets and postage meter area.
Kitchen area with sink, refrigerator, and cabinets.
Assembly room – currently used by admin staff. It was used for our servers and backup computer systems.
Warehouse area. 20’ ceilings with full roll-up door..
2 bathrooms, one with a shower.
Upstairs:
Finished - 3 offices w/ reception area and large conference area (separate for 2 additional offices). Approximately 1056 sq ft finished (44 x 24). Office supply cabinets.
Bathroom
Mezzanine – 1,200 sq ft main mezzanine + 256 sq ft supplemental
Alarm system
Network hard-wired for offices
+3 More
Warehouse Loft
Warehouse roll-up
HVAC
2nd Floor office space
Reception area
1st floor looking from reception
Office
Kitchenette
AMENITIES
- Mezzanine
- Security System
- Accent Lighting
- Reception
- Recessed Lighting
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
ZONING
| Zoning Code | CR (CR Commercial, light industrial) |
