Glen Echo Office For
7370 MacArthur Blvd Glen Echo, MD 20812
7370 MacArthur Blvd, Glen Echo, MD, 20812
$2,290,000
For Sale
$2,290,000
8,625 SF office building in Glen Echo, Maryland.
Property Size8,625 SF
Lot Size0.21 Acres
Price / SF$265.51
Days on Market94
Property Features for 7370 MacArthur Blvd
General Information
- Standard status
- Active
- Size
- 8,625 SF
- Lot size
- 0.21 Acres
- Property subtype
- office
Listing Agency
North Bethesda
(301) 287-3245
Listed by
James (JG) Cahill · License #302165
(301) 287-3245
Source
Property.jll
Added: Apr 15 Checked: Jul 16 at 2:58 am
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 North Bethesda
Investment Insights
Based on property information with market context.
An office building is available for sale, located at 7370 MacArthur Blvd in Glen Echo, Maryland. The building offers 8,625 square feet of space. The layout includes a 3,080-square-foot first floor, a 2,930-square-foot second floor, and a 390-square-foot third-floor attic suitable for an auxiliary office or small apartment. The lower level provides 1,660 square feet of storage space. Additionally, there is a nicely built-out 565-square-foot garage. The land area is 9,069 square feet. The property features natural gas heat with four Sloan units. Telecommunication services are available through Comcast or Verizon. The property offers flexibility in tenancy and can be delivered vacant, fully leased, or partially leased. The zoning is CRT-0.75, C-0.75, R-0.25, H-35, which encourages a mix of commercial and residential uses. There are 14 designated parking spaces on-site, with additional street parking available.
Key Highlights
- Flexibility in tenancy: Delivered vacant, fully leased, or partially leased.
- Sizeable office space: 8,625 SF building with multiple floors, finished attic and lower level.
- Favorable zoning: CRT‑0.75, C‑0.75, R‑0.25, H‑35 zoning encourages a mix of commercial and residential uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.7k | $19.68 |
| − Vacancy | −$29.2k | −$3.38 |
| EGI | $140.5k | $16.30 |
| − OpEx | −$35.1k | −$4.07 |
| NOI | $105.4k | $12.22 |
8,625 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.51M
$1.32M – $1.76M
NOI $105,409 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.03M
$2.65M – $3.54M
NOI $212,385 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wild Bird Center ...
Corporate Office
McFarland Woods
Construction Company
Division 12 Design
General Contractor
FAQs
What type of property is this?
Office building - 8,625 SF office building in Glen Echo, Maryland.
Where is this office building located?
The property is located at 7370 MacArthur Blvd Glen Echo, MD.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Flexibility in tenancy: Delivered vacant, fully leased, or partially leased.; Sizeable office space: 8,625 SF building with multiple floors, finished attic and lower level.; Favorable zoning: CRT‑0.75, C‑0.75, R‑0.25, H‑35 zoning encourages a mix of commercial and residential uses.
