Property Details

Montgomery Village Marketplace

Gaithersburg, MD
Property ID: 10668

Financial Summary

Asking Price $4,995,000
Cap Rate 6.25%
Net Operating Income (NOI) Call for Details
Lease Type NN
Lease Term Remaining Varies

Offering Memorandum

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Contact

Jonathan W. Hipp
President & CEO
703.787.4725
Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • High barrier to entry location
  • Structured rent increases throughout primary lease term & options
  • Located in the heart of Montgomery Village; a planned suburban community of Washington, DC
  • Adjacent to new revitalization project approved and underway; completion estimated for summer 2020
  • Dense retail corridor includes CVS, SunTrust, McDonald’s, and more with combined traffic counts of 58,000 VPD
  • Montgomery County is the most populous and highest income county in MD

Location

9991 Stedwick Road
Gaithersburg, MD

Amanda WillisMontgomery Village Marketplace