Versatile Retail/Office Space
For Lease
$2,995/Mo
1017 University Boulevard E Unit 102, Silver Spring, MD 20903
Open space suitable for retail, office, church, or service uses.
Space SizeContact for details
Days on Market180
Property Features for 1017 University Boulevard E Unit 102
General Information
Standard status
Active
Building Details
Year Built
1954
Listing Agency:
Commercial & Investment Realty Associates, LLC.
Listed By:
Lawrence Rosen · License #5158
(301) 530-6085
Source:
Localrealestateleaders
Added: Apr 24
Changed: Oct 10
Last Checked: Oct 7 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial & Investment Realty Associates, LLC.
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Investment Insights
Based on property information with market context.
The property at 1017 University Blvd E, Suite 102, is available for lease at $3,495 plus utilities. The space features an open layout with a bathroom located in the rear. It is suitable for a variety of uses including retail, office, church, or service-oriented businesses. Signage opportunities are available on existing sign panels. A Purple Line Metro station is planned to open approximately one block from the property and will be clearly visible. The location has a bike score of 62, indicating it is bikeable, a walk score of 51, indicating it is somewhat walkable, and a transit score of 58, indicating good transit options.
Key Highlights
- High‑visibility location near the future Purple Line Metro station (approximately one block away).
- Versatile space suitable for various uses: church, retail, office, or service businesses.
- Signage opportunity on existing sign panels.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,584
Businesses Nearby
262k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 32%
Groceries 14%
Electronics 6%
McDonald's
Dining
45,002 visits/mo
0.2 miles
Aldi
Groceries
35,510 visits/mo
0.4 miles
Taco Bell
Dining
28,035 visits/mo
0.4 miles
Pollo Campero
Dining
19,594 visits/mo
0.4 miles
Starbucks
Dining
16,739 visits/mo
0.2 miles
Demographics for 20903, MD
24,103
Population
7,471
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
66%
High-School Grad
3.4 sq mi
ZIP Area
7,089
Density / Sq Mi
$77,349
Median Household Income
$34,318
Median Earnings
$1,831
Median Rent
$467,900
Median Home Value
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Market
Lease Benchmarks for Silver Spring, MD
$15.78 /SF/Yr
Avg Asking Price
$6.06–$35 /SF/Yr
Price Range
24,227 SF
Avg Space Size
This space is priced 32% below the average of $15.78 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Open space suitable for retail, office, church, or service uses.
Where is this retail space located?
The property is located at 1017 University Boulevard E Unit 102 Silver Spring, MD.
What is the lease rate?
The lease rate is $2,995/Mo.
What are key features of this property?
This property features: High‑visibility location near the future Purple Line Metro station (approximately one block away).; Versatile space suitable for various uses: church, retail, office, or service businesses.; Signage opportunity on existing sign panels.
