Downtown Silver Spring Office
For Sale
Contact for pricing
8607 2nd Avenue Suite 305, Silver Spring, MD 20910
Move-in ready office space in downtown Silver Spring.
Property Size902 SF
Price / SF$335
Days on Market77
Property Features for 8607 2nd Avenue Suite 305
General Information
Standard status
Active
Size
902 SF
Property subtype
Office
Building Details
Year Built
1985
Listing Agency:
The Genau Group
(202) 735-5382
Listed By:
Zachary "Zach" Anderson · License #5019212
Source:
Crexi
Added: May 15
Changed: Jul 10
Last Checked: Jul 30 at 3:59AM
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 The Genau Group
Investment Insights
Based on property information with market context.
This 902 square foot office suite is located in downtown Silver Spring. The space features three private, window-lined offices, one bathroom, and a kitchen area. It offers direct access to a parking garage and is located near major transit stations. The suite benefits from plenty of natural light and includes a private exterior entrance. Recent updates include new LVT flooring and paint.
Key Highlights
- Move‑in ready office space in downtown Silver Spring.
- Direct access to parking garage and steps from major transit stations.
- Features 3 private, window‑lined offices.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.8k | $19.68 |
| − Vacancy | −$3.1k | −$3.38 |
| EGI | $14.7k | $16.30 |
| − OpEx | −$3.7k | −$4.07 |
| NOI | $11.0k | $12.22 |
902 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$157.5K
$137.8K – $183.7K
NOI $11,024 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$317.3K
$277.6K – $370.2K
NOI $22,211 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,121
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office space in downtown Silver Spring.
Where is this office units located?
The property is located at 8607 2nd Avenue Suite 305 Silver Spring, MD.
What is the asking price?
The asking price for this property is $302,170.
What are key features of this property?
This property features: Move‑in ready office space in downtown Silver Spring.; Direct access to parking garage and steps from major transit stations.; Features 3 private, window‑lined offices.
