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401 N Washington St, Rockville, MD

Office space available near Rockville Metro Station and I-270.

Space Size2,991 SF - 68,411 SF
Lot Size4.05 Acres
Days on Market940

Property Features for 401 N Washington St

General Information

Standard status Active
Size 2,991 SF - 68,411 SF
Lot size 4.05 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 401 N Washington St Contact us

401 N Washington St

Floor
1
Size
10,712 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Rockville is a city and the county seat of Montgomery County, Maryland, part of the...
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Gateway Tower at Rockville Town Center $33/SF/Yr

Floor
1
Size
2,991 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
• Building sold on 11/1/2006 as part of a 1031 exchanged. August 2001: Building...
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Gateway Tower at Rockville Town Center $31/SF/Yr

Floor
4
Size
5,000 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
• Building sold on 11/1/2006 as part of a 1031 exchanged. August 2001: Building...
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Gateway Tower at Rockville Town Center $33/SF/Yr

Floor
MISC
Size
20,410 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
• Building sold on 11/1/2006 as part of a 1031 exchanged. August 2001: Building...
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Contact us

Gateway Tower at Rockville Town Center $33/SF/Yr

Floor
MISC
Size
68,411 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
• Building sold on 11/1/2006 as part of a 1031 exchanged. August 2001: Building...
show more
Contact us
Listing Agency: Cushman & Wakefield | Bethesda
Listed By: Peter Rosan · License #5132768
Source: Moodyscre
Added: Jan 12, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:46AM

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 Cushman & Wakefield | Bethesda

Investment Insights

Based on property information with market context.

Gateway Tower, located 0.4 miles from the Rockville Metro Station and 1.5 miles from I-270, offers office space for rent. The Rockville Metro Station is serviced by MARC and METRO. The building was sold on November 1, 2006, as part of a 1031 exchange. Building renovations were completed in August 2001. Renovations in 2000 included a complete cosmetic renovation, including elements of the facade, a new main lobby and common areas, and all new windows. DLV was the architect for the renovations. Modernization of all building systems, including mechanical and electrical, was also completed. The building features tremendous power fed by PEPCO via 3 separate lines. The parking deck was engineered and built to accommodate an additional 50,000 square feet of office space. The building has large, efficient rectangular floor plans and a steel and concrete exterior construction. The available space is 2991 square feet.

Key Highlights

  • Located just 0.4 miles from the Rockville Metro Station (MARC and METRO).
  • Tremendous power to the building fed by PEPCO via 3 separate lines.
  • Large efficient rectangular floor plans.

Property Analytics

Current Use

The Emmes Company, LLC Corporate Office MARYLAND CONDOMINIUM & HOA ... Law Firm Busto Busto & Associates Accounting Firm Stephen H. Ring, ... Law Firm Gilman & Edwards, LLC Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service Fish Market Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,147
Businesses Nearby

Market

Lease Benchmarks for Rockville, MD

$18.53 /SF/Yr
Avg Asking Price
$5.52–$27 /SF/Yr
Price Range
8,557 SF
Avg Space Size

This space is priced 78% above the average of $18.53 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space available near Rockville Metro Station and I-270.
Where is this office units located?
The property is located at 401 N Washington St Rockville, MD.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: Located just 0.4 miles from the Rockville Metro Station (MARC and METRO).; Tremendous power to the building fed by PEPCO via 3 separate lines.; Large efficient rectangular floor plans.
(301) 634-8487 Call to check price and availability
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