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NTI's U.S. Headquarters & IT Facility 40 W Gude Dr

48,000 SF Flex Building Rockville, MD 20850 For Sale

Investment Highlights

  • The Property will become NTI’s U.S. headquarters and IT lab, anchoring the company to the region and providing access to a wide-reaching customer base
  • Location at the heart of Maryland’s Tech Corridor grants NTI access to nearly 500 million sf of serviceable office space within a 20-mile radius
  • A 15-year, absolute NNN lease with 3.00% annual rent increases provides solid, predictable, passive income

Executive Summary

Savills & Avison Young are pleased to offer the rare opportunity to partner with NTI in a 15 year sale-leaseback. This transaction results in fee-simple ownership of a best-in-class headquarters and IT Lab leased to a high-credit, fast-growing Audiovisual and IT company with strong profitability.
Proceeds from this transaction will be used to reinvest in the Company’s growth and to reimburse NTI for substantial renovations beginning in September 2024, which will include high-tech office space, a state-of-the-art warehouse, and an IT lab. NTI’s substantial capital investment signals a long-term commitment to the Property and the region, home to the vast majority of the Company’s
customer base.
Please submit all questions to: Nick DiChiara (ndichiara@savills.us) & Joe French (joe.french@avisonyoung.com)

Property Facts

Sale Type Investment
Sale Conditions Sale Leaseback
Property Type
Flex
  • Flex Research & Development
Building Class C
Lot Size 3.22 AC
Construction Status Under Renovation
Rentable Building Area 48,000 SF
No. Stories 2
Year Built 2024
Tenancy Single
Parking Ratio 2.5/1,000 SF

Amenities

  • Fitness Center
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-02544151
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,415,200

zoning

Zoning Code MXE (3.2 acres of MXE-zoned land offers substantial residual land value and strategic flexibility.)
MXE (3.2 acres of MXE-zoned land offers substantial residual land value and strategic flexibility.)
  • Listing ID: 32272812

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 40 W Gude Dr, Rockville, MD 20850

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