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Two-Level Retail Space

8227 GEORGIA AVENUE, Silver Spring, MD 20910

For Lease
$35 SF/Yr NNN

Ground-floor customer areas and a separate upper level provide flexible space for retail, office, restaurant, or personal-service use.

Space SizeContact for details
Property Size3,400 SF
Days on Market49

Property Features for 8227 GEORGIA AVENUE

General Information

Standard status Active
Size 3,400 SF
Property subtype Retail

Building Details

Building Size 3,400 SF
Year Built 1927
Listing Agency: Commercial & Investment Realty Associates, LLC.
Listed By: Lawrence Rosen · License MD #5158
Source: Barnesrealestatecompany
Added: Sep 24 Changed: Oct 31 Last Checked: Nov 10 at 3:46PM

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.

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Investment Insights

Based on property information with market context.

This two-level retail offering combines 2,400 square feet on the first floor with 1,000 square feet upstairs, for 3,400 square feet leased together. The lower level has two large bathrooms, multiple sinks, two offices, storage, plumbing for shampoo bowls or more sinks, large windows along Georgia Avenue, and entrances at the front and rear. Upstairs are two large rooms, a half bathroom, and a rear exit. Retail signage is available above the front façade. The building dates to 1927, and its current occupancy permit allows retail use. The CR 3.0 zoning permits retail, restaurant, office, personal-service, and other uses. The lease is NNN.

In downtown Silver Spring, the property sits on Georgia Avenue between Silver Spring Avenue and Thayer Avenue. A Sherwin Williams paint store is across the street. Two large county parking garages are approximately 100 yards away, with metered street parking around the site.

Key Highlights

  • 3,400 square feet total: 2,400 on the first floor and 1,000 on the second; leased together
  • First floor includes two large bathrooms, multiple sinks, two offices, storage, and plumbing for shampoo bowls or additional sinks
  • Upper level has two large rooms, a half bathroom, and a rear exit

Property Analytics

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Open Analytics

Current Use

The Mojuba Collective Hotel & Motel Cabana Hookah Lounge Bar & Pub

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop Furniture & Home Goods

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,414
Businesses Nearby
339k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Groceries 22% Shops & Services 16% Superstores 9%
Chick-fil-A Dining
46,978 visits/mo 0.4 miles
Giant Groceries
42,300 visits/mo 0.3 miles
Safeway Groceries
32,489 visits/mo 0.1 miles
Target Superstores
28,807 visits/mo 0.5 miles
McDonald's Dining
27,268 visits/mo 0.4 miles

Demographics for 20910, MD

45,610
Population
23,209
Households
2
Avg Household Size
36
Median Age
74%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
9,915
Density / Sq Mi
$107,994
Median Household Income
$70,022
Median Earnings
$1,992
Median Rent
$690,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Silver Spring, MD

$15.78 /SF/Yr
Avg Asking Price
$6.06–$35 /SF/Yr
Price Range
25,732 SF
Avg Space Size

This space is priced 122% above the average of $15.78 /SF/Yr.

Properties on Market for Retail space in Silver Spring

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor customer areas and a separate upper level provide flexible space for retail, office, restaurant, or personal-service use.
Where is this retail space located?
The property is located at 8227 GEORGIA AVENUE Silver Spring, MD.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 3,400 square feet total: 2,400 on the first floor and 1,000 on the second; leased together; First floor includes two large bathrooms, multiple sinks, two offices, storage, and plumbing for shampoo bowls or additional sinks; Upper level has two large rooms, a half bathroom, and a rear exit
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