Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1501-1519 Rockville Pike Bethesda, MD 20892

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    60,777 SF retail space available for lease immediately.

    Property size:
    62,040 SF
    Lot size:
    12.49 Acres

    Property Features for 1501-1519 Rockville Pike

    General Information

    Size
    62,040 SF
    Lot size
    12.49 Acres

    We can help!

    Listing Contact
    Andy Corno
    Source: Moodyscre

    Listing Agent: Andy Corno

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Retail Space Available Now

    This retail space offers 60,777 square feet and is available for immediate occupancy. The space can be demised to suit tenant needs. Previously occupied by Bed Bath & Beyond, the property features ceiling heights of approximately 24 feet in the majority of the space. The property is located at 1501-1519 Rockville Pike, Bethesda, MD.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bethesda
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1028115
    Latitude
    39.0037229

    Nearby Similar for Lease

    • $1,100 /Mo
      22,651 SF

      Downtown Bethesda Shared Office Space

      Private offices for sublease with included utilities and amenities.
      7910 Woodmont Ave, Bethesda, MD 20814
      View Details
    • $31 SF/Yr
      8,722 SF

      Premier Office Building with Amenities

      Renovated office building with fitness suite, conference center, and food market.
      6710 Rockledge Dr, Bethesda, MD 20817
      View Details
    • Contact for pricing

      Montgomery Tower Office Space Available

      Office space for rent in downtown Bethesda with modern amenities.
      4550 Montgomery Ave, Bethesda, MD 20814
      View Details
    • $35 SF/Yr
      17,573 SF

      Bethesda Towers Office Space

      Prime Bethesda office space with modern amenities and convenient access.
      4340 Hwy East-West, Bethesda, MD
      View Details
    • $35 SF/Yr
      4,420 SF

      Bethesda Towers Office Space Available

      Prime Bethesda location with renovated lobbies and updated security.
      4330 Hwy East-West, Bethesda, MD
      View Details
    • $2,250 /Mo

      Furnished Condo with Modern Amenities

      Updated, fully furnished condo in prime location with garage parking.
      4242 EAST West Hwy, Bethesda, MD 20815
      View Details
    • Contact for pricing
      5,400 SF

      Freestanding Retail Building in Bethesda

      Two-story retail building near Bethesda Metro and local amenities.
      Bethsda, Bethesda, MD 20814
      View Details
    • $9 SF/Yr
      6,039 SF

      Bethesda Metro Center Office Space

      Flexible workspace solutions in prime location.
      2 Bethesda Metro Ctr, Bethesda, MD 20814
      View Details
    • Contact for pricing
      4,760 SF

      Former Fitness Studio in Bethesda

      4,760 SF retail space near future Marriott headquarters.
      7829-7834 Wisconsin Ave, Bethesda, MD 20814
      View Details
    • $2,000 /Mo
      842 SF

      Bethesda Condo Near Rock Creek

      2-bedroom condo in Bethesda near Rock Creek Park and Metro.
      10311 Montrose Ave, Bethesda, MD 20814
      View Details
    • $1,100 /Mo

      Downtown Bethesda Shared Office Space

      Private offices for sublease with included utilities and amenities.
      7910 Woodmont Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing
      5,153 SF

      LEED-Platinum Office Space in Bethesda

      World-class office building with exceptional amenities and convenient location.
      4500 E West Hwy, Bethesda, MD 20814
      View Details

    FAQs

    What type of property is this?
    Retail space - 60,777 SF retail space available for lease immediately.
    Where is this retail space located?
    The property is located at 1501-1519 Rockville Pike Bethesda, MD.
    What are key features of this property?
    This property features: - 60,777 SF available, offering ample space; - Available immediately; - Ceiling heights of ~24 feet in majority of space
    (202) 719-5000
    Request Owner's contact information
    1501-1519 Rockville Pike Bethesda, MD 20892
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1501-1519 Rockville Pike
    Bethesda, MD 20892
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501-1519 Rockville Pike Bethesda, MD 20892
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andy Corno
    (202) 719-5000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.