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Office Buildings for Lease

20400 Observation Dr, Germantown, MD 20876

For Lease
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Two office buildings on Observation Dr offer convenient access to I-270 and nearby retail, dining, and public transit.

Space Size5,654 SF
Days on Market248

Property Features for 20400 Observation Dr

General Information

Standard status Active
Size 5,654 SF
Property subtype OFFICE
Lease Type NNN

Additional Details

Highway Access Yes

Spaces For Lease

at 20400 Observation Dr
20400 Observation Dr $35.50/SF/Yr
Floor 1
Size 5,654 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 20400 & 20410 Observation Dr are situated in Germantown's thriving commercial corridor with easy access to I-270 and nearby retail, dining and public transit. Reagan National, BWI and Dulles airports are all less than an hour away.
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Listing Agency: Transwestern | Mid-Atlantic
Listed By: Mark Boyce
Source: Moodyscre
Added: Mar 9 Changed: Nov 5 Last Checked: Nov 10 at 11:40AM

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 Transwestern | Mid-Atlantic

Rey
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Investment Insights

Based on property information with market context.

20400 & 20410 Observation Dr comprise two office buildings offered for rent along Germantown’s active commercial corridor. The property benefits from an area setting with nearby retail and dining options and access to public transit.

For driving connections, the corridor provides easy access to I-270. Multiple major airports are also within about an hour, including Reagan National, BWI, and Dulles, supporting employee and business travel needs.

The offering includes two separate addresses, allowing flexibility for tenants or leasing strategies that fit their occupancy requirements.

Key Highlights

  • Two office buildings located at 20400 and 20410 Observation Dr
  • Situated in Germantown’s commercial corridor
  • Easy access to I‑270

Property Analytics

Current Use

Kids Dental Clinic: ... Dental Office Veronica Lopez Davila, ... Real Estate Agency Jack Kort, Weichert, ... Real Estate Agency Leona Bedrossian, Stewart ... Real Estate Agency Paul Carignan Real ... Real Estate Agency

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Big Box & Wholesale Store Spa & Massage Center Hair Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$5.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby

Demographics for 20876, MD

26,034
Population
9,079
Households
2.9
Avg Household Size
37
Median Age
52%
College-Educated
88%
High-School Grad
10.9 sq mi
ZIP Area
2,388
Density / Sq Mi
$113,329
Median Household Income
$59,163
Median Earnings
$2,081
Median Rent
$456,500
Median Home Value

Market

Properties on Market for Office buildings in Montgomery County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Two office buildings on Observation Dr offer convenient access to I-270 and nearby retail, dining, and public transit.
Where is this office building located?
The property is located at 20400 Observation Dr Germantown, MD.
What is the lease rate?
The lease rate is $35.50 SF/Yr.
What are key features of this property?
This property features: Two office buildings located at 20400 and 20410 Observation Dr; Situated in Germantown’s commercial corridor; Easy access to I‑270
(301) 896-9090 · Office Call to check price and availability
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