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NNN Warehouse With Two Occupants
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425 E Diamond Ave, Gaithersburg, MD 20877

Industrial building configured for multiple bays and occupied by two automotive service users.

Property Size22,500 SF
Days on Market142

Property Features for 425 E Diamond Ave

General Information

Standard status Active
Size 22,500 SF
Property subtype Industrial
Zoning CBD
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Buildings 1
Building Size 22,500 SF
Tenancy Multi
Listing Agency: Marcus & Millichap - Washington, D.C.
Listed By: Bryn Merrey · License #MD 646476
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:29AM

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 Marcus & Millichap - Washington, D.C.

Investment Insights

Based on property information with market context.

Located at 425 E Diamond Ave in Gaithersburg, Maryland, this 22,500-square-foot warehouse is occupied by two NNN tenants serving automotive users. The building was originally arranged as thirteen 1,500-square-foot bays plus one 3,000-square-foot bay, providing a documented multi-bay configuration. The current occupants expanded into the full property over time.

One auto body business has operated at the site since 1976, while an auto repair business has been established there since 1987. Their leases extend through 2027 and 2031, respectively. The property is zoned CBD, a designation that permits existing uses and allows structural alterations and re-leasing without treating those activities as nonconforming. It sits near Olde Towne Gaithersburg and within the Olde Towne Master Plan area, where recent and planned development is noted.

Key Highlights

  • 22,500 SF warehouse occupied by two NNN tenants
  • Original layout included thirteen 1,500 SF bays and one 3,000 SF bay
  • Auto body business has operated at the property since 1976

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,162
Businesses Nearby
Under-served
Demand for This Use

Demographics for 20877, MD

37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Turn Key Moving Solutions 16831 Oakmont Ave, Gaithersburg, MD 20877
  • Life Storage - Gaithersburg 26 W Diamond Ave, Gaithersburg, MD 20877
  • Public Storage 501 E Diamond Ave, Gaithersburg, MD 20877

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building configured for multiple bays and occupied by two automotive service users.
Where is this warehouse located?
The property is located at 425 E Diamond Ave Gaithersburg, MD.
What are key features of this property?
This property features: 22,500 SF warehouse occupied by two NNN tenants; Original layout included thirteen 1,500 SF bays and one 3,000 SF bay; Auto body business has operated at the property since 1976
(202) 536-3700 Call to check price and availability
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