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    5415 Friendship Blvd Chevy Chase, MD 20815

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Location, 1961 sq ft

    Lot size:
    1,961 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant retail space, located at 5415 Friendship Blvd in Chevy Chase, Maryland, presents a unique investment opportunity. The property boasts a generous 1,961 square feet of vacant space, ideal for a variety of commercial uses. Situated in Montgomery County, this property offers high visibility and accessibility, benefiting from its prime location. The expansive lot size of 168,000 square feet provides ample space for customer parking and potential future expansion. The building's classification is retail commercial, making it suitable for a wide range of businesses seeking a prominent presence in a thriving community. The property is currently available for lease and presents a blank canvas for a discerning tenant to establish their business. Its location in Chevy Chase, MD, zip code 20815, ensures convenient access for customers and employees alike. The property's size and location make it an attractive option for businesses seeking a strong foothold in a desirable market. This is a rare opportunity to secure a substantial retail space in a highly sought-after area. The entire building is available for lease, offering a significant opportunity for a business to establish a strong presence in a vibrant community. Serious inquiries are encouraged to explore this exceptional property further.

    Property Features for 5415 Friendship Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,961 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,961 SF

    HighLights

    • 1,961 SF of retail space available for lease.
    • Prime Chevy Chase, MD location.
    • High‑density area with over 300 residential units nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chevy Chase
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0887252
    Latitude
    38.9625884

    Nearby Comparable

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    Nearby Similar for Lease

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      Sun-filled 3BR unit with balcony in Friendship Heights.
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      Retail Space in Chevy Chase

      Retail space available in affluent Chevy Chase neighborhood.
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      Chevy Chase Office Space Available

      Office space for lease in Chevy Chase, Maryland.
      5530 Wisconsin Ave, Chevy Chase, MD 20815
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      Prime Chevy Chase Flagship Location

      Office space in prime Chevy Chase location near Friendship Heights.
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      Class A Office Space

      Class A office building in Chevy Chase, Maryland for lease.
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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, 1961 sq ft
    Where is this retail property located?
    The property is located at 5415 Friendship Blvd Chevy Chase, MD.
    What are key features of this property?
    This property features: 1,961 SF of retail space available for lease.; Prime Chevy Chase, MD location.; High-density area with over 300 residential units nearby.
    Request Owner's contact information
    5415 Friendship Blvd Chevy Chase, MD 20815
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5415 Friendship Blvd Chevy Chase, MD 20815
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