Professional Office Condo
For Lease
$2,500/Mo
18534 OFFICE PARK Dr 18534, Montgomery Village, MD 20886
Updated office condo with reception, waiting, three exam rooms, private office, restroom, and storage.
Space SizeContact for details
Property Size1,000 SF
Days on Market104
Property Features for 18534 OFFICE PARK Dr 18534
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Lease Term
3 years
Building Details
Year Built
1988
Year Renovated
2024
Units
1
Listing Agency:
LONG & FOSTER REAL ESTATE, INC.
(301) 401-1822
Listed By:
Edwin G Stanfield
(301) 401-1822
Source:
Elliman
Added: Apr 28
Changed: Aug 8
Last Checked: Aug 9 at 8:38AM
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 LONG & FOSTER REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
This professionally configured office condo includes a reception area and waiting area, three exam rooms (or offices), and an office for the business owner or manager. The suite also features a restroom and a storage room. Improvements include newly floored and repainted updates completed in 2024.
The space is located in an area with many medical and professional practitioners and is described as easily accessible. Tenant utilities include electricity and any communication connections.
Common area and building-related expenses are handled through a condominium fee that covers common area maintenance, water, sewer, and external building maintenance.
The space is located in an area with many medical and professional practitioners and is described as easily accessible. Tenant utilities include electricity and any communication connections.
Common area and building-related expenses are handled through a condominium fee that covers common area maintenance, water, sewer, and external building maintenance.
Key Highlights
- Approximately 1,000 sq ft of usable space in an office condo built in 1988
- Updated in 2024 with newly floored and repainted interiors
- Office layout includes reception area, waiting area, three exam rooms/offices, private owner/manager office, restroom, and storage room
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20886, MD
35,649
Population
13,024
Households
2.7
Avg Household Size
36
Median Age
43%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
8,695
Density / Sq Mi
$98,767
Median Household Income
$48,530
Median Earnings
$1,863
Median Rent
$366,400
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Montgomery Village Veterinary Center — 9144 Rothbury Dr, Gaithersburg, MD 20886
- Neal B Neuman DVM PC — 19222 Montgomery Village Ave, Montgomery Village, MD 20886
- Montgomery Village Animal Hospital — 19243 Watkins Mill Rd, Gaithersburg, MD 20886
Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated office condo with reception, waiting, three exam rooms, private office, restroom, and storage.
Where is this medical office space located?
The property is located at 18534 OFFICE PARK Dr 18534 Montgomery Village, MD.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Approximately 1,000 sq ft of usable space in an office condo built in 1988; Updated in 2024 with newly floored and repainted interiors; Office layout includes reception area, waiting area, three exam rooms/offices, private owner/manager office, restroom, and storage room
