Rockville Flex Properties
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Rockville Flex Properties
2 Properties Offered at $9,500,000 in Rockville, MD
Investment Highlights
- Two 100% leased single-tenant buildings, each occupied by public companies listed on the NASDAQ
- Premier location provides immediate access to I-270, Rockville Pike, and WMATA’s Red Line via the Twinbrook station
- Below market rents present a significant value-add opportunity
- Flexible layout with multi-tenant options and both drive in and dock-high loading on multiple sides
Executive Summary
CBRE is pleased to offer for sale 5706-5712 Frederick Avenue and 12300 Washington Avenue (the “Properties”), located in Rockville, Maryland. The offering includes two small-bay flex industrial assets totaling 53,365 SF in one of the most sought-after infill locations in the Washington, DC metro area. The subject properties are 100% leased to two publicly traded tenants, but with a WALT of less than two years, the opportunity for an owner-occupier to purchase the assets for its own use exists. 5706 Frederick Ave is set to become vacant starting June 2025.
The assets can be purchased together or individually and seller financing is available.
Link To CBRE Listing Page: https://www.cbredealflow.com/handler/modern.aspx?pv=VcJnmoJ9fVQSUo2C3Y06GLAj_vgfVo_jGHL9Gb2nHuLbgFwY4csFwR5-d6bb73VP#_top
The assets can be purchased together or individually and seller financing is available.
Link To CBRE Listing Page: https://www.cbredealflow.com/handler/modern.aspx?pv=VcJnmoJ9fVQSUo2C3Y06GLAj_vgfVo_jGHL9Gb2nHuLbgFwY4csFwR5-d6bb73VP#_top
Property Facts
| Price | $9,500,000 | Number of Properties | 2 |
| Price / SF | $178.02 / SF | Individually For Sale | 2 |
| Sale Type | Investment or Owner User | Total Building Size | 53,365 SF |
| Status | Active | Total Land Area | 1.71 AC |
| Price | $9,500,000 |
| Price / SF | $178.02 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 53,365 SF |
| Total Land Area | 1.71 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5706-5712 Frederick Ave, Rockville, MD 20852 | Industrial | 35,485 SF | 1965 | - |
| 12300 Washington Ave, Rockville, MD 20852 | Flex | 17,880 SF | 1962 | - |
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