Montgomery Village Office Center 9426 Stewartown Rd
20,199 SF 77% Leased Office Building Gaithersburg, MD 20879 $2,500,000 ($123.77/SF) 10.60% Cap Rate
INVESTMENT HIGHLIGHTS
- “Small suites” infill office property, 90% leased to 19 tenants in a variety of businesses
- Low cost alternative for specific occupiers
- New roof in 2021
- High barrier-to-entry submarket
- Excellent access to I-270 and the Washington, D.C. Metro area
EXECUTIVE SUMMARY
9426 Stewartown Road is a “small suites” infill office property, 86% leased to a variety of businesses. Please download our confidentiality agreement the view the full offering memorandum.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
20,199 SF
Building Class
C
Year Built
1986
Price
$2,500,000
Price Per SF
$123.77
Cap Rate
10.60%
NOI
$265,000
Percent Leased
77%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,733 SF
Building FAR
0.25
Lot Size
1.83 AC
Zoning
EOF - Employment Zone
Parking
85 Spaces (4.21 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
3,300 sf of office space available
- 1st Fl-Ste 1B
- 400 SF
- Office
- -
- Now
- 1st Fl-Ste 1C
- 300 SF
- Office
- -
- Now
- 1st Fl-Ste 2H
- 600 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1A | 3,300 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 1B | 400 SF | Office | - | Now |
| 1st Fl-Ste 1C | 300 SF | Office | - | Now |
| 1st Fl-Ste 2H | 600 SF | Office | - | Now |
1st Fl-Ste 1A
| Size |
| 3,300 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1B
| Size |
| 400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 1C
| Size |
| 300 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 2H
| Size |
| 600 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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PROPERTY TAXES
| Parcel Number | 09-02231417 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,595,433 |
