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    5400 Westbard Ave Bethesda, MD 20816

    For Lease
    Contact for pricing

    Prime Bethesda location, multiple suites, ample parking.

    Lot size:
    10,137 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Westbard Square offers an exceptional retail opportunity in the heart of Bethesda, Maryland. This vibrant commercial property, located at 5400 Westbard Ave, zip code 20816, comprises a total of 10,137 square feet across three available suites within a larger redevelopment project. The property is currently fully vacant, presenting a unique chance for a single tenant to occupy the entire space or for multiple tenants to lease individual units. Suite sizes range from a minimum of 2,416 square feet to a maximum contiguous space of 4,952 square feet, offering flexibility for various business needs. The development is situated within Montgomery County and benefits from a substantial 577-space parking lot, ensuring convenient access for customers and employees. Westbard Square is part of a larger 23-acre redevelopment project, incorporating a central green space designed to foster community engagement and provide attractive gathering areas. This prime location in Bethesda offers excellent visibility and accessibility, making it an ideal space for businesses seeking to establish a presence in a thriving and affluent community. The property's modern design and ample parking, combined with its location within a revitalized area, create a compelling opportunity for retail success. The property type is retail, with a commercial subtype and multiple tenancy.

    Property Features for 5400 Westbard Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,137 SF

    Unit(s) available at that property

    Space
    Suite 190-1
    Size
    2,416 SF
    Space
    Suite 130-2
    Size
    2,769 SF
    Space
    Suite 200-1
    Size
    4,952 SF

    HighLights

    • 148,000 SF of retail space available.
    • 18,000 SF of office space included.
    • 270 residential units (townhomes and apartments).
    • 577 parking spaces provided.
    • Phase I estimated completion: Q3 2023.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Giant Food - Ledo ... Pizza Takeout Stretch Zone Wellness Center Western Union Money Transfer Service higi Medical Clinic Jaxon & Sons Chimney ... Chimney Sweep

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethesda
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1073795
    Latitude
    38.9639371

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    FAQs

    What type of property is this?
    Retail property - Prime Bethesda location, multiple suites, ample parking.
    Where is this retail property located?
    The property is located at 5400 Westbard Ave Bethesda, MD.
    What are key features of this property?
    This property features: 148,000 SF of retail space available.; 18,000 SF of office space included.; 270 residential units (townhomes and apartments).
    Request Owner's contact information
    5400 Westbard Ave Bethesda, MD 20816
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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
    5400 Westbard Ave Bethesda, MD 20816
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