Open-Plan Retail
New
For Lease
$12 SF/Yr
2321 University Boulevard W, Silver Spring, MD 20902
Flexible storefront with basement storage, on-site parking, dedicated signage, and CR 4.0 zoning supporting retail, service, and office uses.
Space SizeContact for details
Property Size26,336 SF
Days on Market2
Property Features for 2321 University Boulevard W
General Information
Standard status
Active
Size
26,336 SF
Building Details
Year Built
1955
Listing Agency:
Commercial & Investment Realty Associates, LLC.
(301) 530-6085
Listed By:
Lawrence Rosen · License #5158
Source:
Kandorre
Added: Aug 6
Changed: Aug 7
Last Checked: Aug 7 at 2:37AM
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 Commercial & Investment Realty Associates, LLC.
Investment Insights
Based on property information with market context.
This retail space offers 6,600 square feet at grade with an open interior, high drop ceilings, overhead lighting, and sprinkler coverage throughout. A full basement of approximately 7,700 square feet is available for additional storage. The premises include separate men’s and women’s restrooms, a 4-foot roll-up door, a 3-foot side exit, and newly installed double 3-foot glass entry doors. An existing signage box faces the parking area along University Boulevard.
The property provides free on-site parking along the boulevard and additional overflow parking behind the shopping center, accessible from Elkins Avenue. CR 4.0 zoning permits a broad range of retail, service, and office uses. The retail complex includes Dollar Tree, Mundo Latin Market, Ever Payer, Laundry, Check Cashing, City Food, La Baguette Bakery, Full Key Restaurant, Beer & Wine, and Pho House Restaurant. A Dollar Tree exclusive-use provision limits similar uses and banquet halls.
The property provides free on-site parking along the boulevard and additional overflow parking behind the shopping center, accessible from Elkins Avenue. CR 4.0 zoning permits a broad range of retail, service, and office uses. The retail complex includes Dollar Tree, Mundo Latin Market, Ever Payer, Laundry, Check Cashing, City Food, La Baguette Bakery, Full Key Restaurant, Beer & Wine, and Pho House Restaurant. A Dollar Tree exclusive-use provision limits similar uses and banquet halls.
Key Highlights
- 6,600 SF at‑grade retail area with open layout
- Approximately 7,700 SF basement available for storage
- CR 4.0 zoning permits a broad range of retail, service, and office uses
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,064
Businesses Nearby
577k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Shops & Services 25%
Apparel 23%
Superstores 21%
Target
Superstores
118,546 visits/mo
0.5 miles
Macy's
Apparel
85,737 visits/mo
0.4 miles
JCPenney
Apparel
47,616 visits/mo
0.4 miles
McDonald's
Dining
36,581 visits/mo
0.4 miles
Wendy's
Dining
26,268 visits/mo
0.4 miles
Demographics for 20902, MD
52,533
Population
18,759
Households
2.8
Avg Household Size
36
Median Age
47%
College-Educated
83%
High-School Grad
7.6 sq mi
ZIP Area
6,912
Density / Sq Mi
$111,408
Median Household Income
$49,887
Median Earnings
$2,088
Median Rent
$531,200
Median Home Value
Market
Lease Benchmarks for Silver Spring, MD
$26.61 /SF/Yr
Avg Asking Price
$19.46–$30.51 /SF/Yr
Price Range
19,777 SF
Avg Space Size
This space is priced 55% below the average of $26.61 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible storefront with basement storage, on-site parking, dedicated signage, and CR 4.0 zoning supporting retail, service, and office uses.
Where is this retail space located?
The property is located at 2321 University Boulevard W Silver Spring, MD.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 6,600 SF at‑grade retail area with open layout; Approximately 7,700 SF basement available for storage; CR 4.0 zoning permits a broad range of retail, service, and office uses
