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7324 Carroll Ave
3,450 SF of Retail Space Available in Takoma Park, MD 20912
Highlights
- One Level Prime Retail in Historic District of Takoma Park
- Can be opened into one wide space w/no walls. Basement at rear for storage. Two Bathrooms w/handicapped
- At intersection of 2 highways w/bus stop and meterered parking in front
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,450 SF | 15’ | 1-10 Years | $29.82 /SF/YR $2.49 /SF/MO $320.98 /m²/YR $26.75 /m²/MO $8,573 /MO $102,879 /YR | Triple Net (NNN) |
1st Floor
Classic Renovated Retail/Office/DayCare Center. The property is adjacent to Takoma Park/SilverSpring Natural Foods and New Retail Center! There is also on site parking.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- High Ceilings
- After Hours HVAC Available
- Finished Ceilings: 15’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 7324 Carroll Ave, Takoma Park, MD 20912
- Bikram Hot Yoga-Takoma Park
- Bikram Yoga
PROPERTY FACTS FOR 7324 Carroll Ave , Takoma Park, MD 20912
| Property Type | Retail | Year Built | 1932 |
| Property Subtype | Storefront | Parking Ratio | 1.45/1,000 SF |
| Gross Leasable Area | 3,450 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,450 SF |
| Year Built | 1932 |
| Parking Ratio | 1.45/1,000 SF |
About the Property
Hard to Find Retail Space in Historic Takoma Park! Prime commercial (C2 General Commercial) zoned retail space with approximately 3500 square feet of retail space that can be all open space or divided. Plenty of additional storage in the basement. Potential for rooftop cafe at the rear of the roof too. There is a rear basement with laundry area and some storage space. The main level can be totally opened up to one space as this has been done next door. 15 foot high ceilings lend an air of grandeur to this 1932 double-wide storefront close to a high traffic count intersection of Carroll and Philadelphia Avenues. It enjoys 40 feet of street frontage and has parking for up to 5 cars in the rear of the building. Meter parking in front and side streets do not have zoned parking. Look at the Historic Takoma office location to the right of this one to see what can be done with the space that is functional and stylish. Located in the Historic District of Takoma Park at the intersection of Route 195 and Route 410, it's just 0.8 of a mile from Takoma Metro Station (5 minutes by car and 15 minutes walk). Multiple buses stop close by. It's also within an easy walk of many residential homes, condos, and rentals. The neighborhood has a very supportive Old Takoma Business Association that promotes many business-focused events that drive customers to you. Offered at $8450 per month Triple Net - tenant pays all utilities, Property taxes, and Insurance. Owner maintains the building. Flexible lease terms available with 3 year, 5 year, or negotiable lease preferred. Last use was as a Hot Yoga Studio. The tenant may be responsible for obtaining new Use and Occupancy Permit if the business type is changed. A great opportunity in a happening location!
-
James Connelly -
Summit Commercial Real Estate, LLC
Learn More About Leasing Retail Properties
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7324 Carroll Ave
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