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    178 Rollins Ave Rockville, MD 20852

    Sponsored
    For Lease
    $37 SF/Yr ($3,750 /Mo)

    Prime Retail Space, Jefferson St & Rollins Ave

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,200 square foot retail space is located at 178 Rollins Ave, situated at the intersection of Jefferson St and Rollins Ave. The property is part of a well-established neighborhood retail center, offering a convenient and attractive location for businesses. The single-tenant space boasts ample surface parking with both front and rear access, ensuring easy customer access. The building features units ranging in size from 900 to 2,400 square feet, each equipped with a private bathroom. Utilities are separately metered per unit, with water usage prorated. The property is zoned MXCT and is powered by electricity. The lease terms are negotiable, with a preference for three to ten-year agreements. This is a Net, Net, Net (NNN) lease, meaning tenants are responsible for their own utilities. Prominent directory signage is located at the parking lot entrance for enhanced visibility. To secure the space, prospective tenants must submit an application, first month's rent, a security deposit, and a signed personal guaranty. With 52 parking spaces available, this property offers exceptional convenience for both customers and employees. This is an excellent opportunity for a business seeking a well-located, established retail space in a thriving neighborhood.

    Property Features for 178 Rollins Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF
    Total Rate
    3750

    Unit(s) available at that property

    Space
    Suite 178
    Size
    1,200 SF
    Rate per SF
    $37

    HighLights

    • 1,200 SF retail space in a single‑tenant building.
    • Fully occupied, 1,200 square feet.
    • 52 parking spaces available.
    • Electric power.
    • Located at 178 Rollins Ave, near the intersection of Jefferson St and Rollins Ave; zoned MXCT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marian Style Women'S Clothing Store Rock and roll Catering, ... Catering Food And Drink Supplier Rock and roll Catering ... Catering Food And Drink Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.126099765176
    Latitude
    39.058490030448

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Jefferson St & Rollins Ave
    Where is this retail property located?
    The property is located at 178 Rollins Ave Rockville, MD.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF retail space in a single-tenant building.; Fully occupied, 1,200 square feet.; 52 parking spaces available.
    Request Owner's contact information
    178 Rollins Ave Rockville, MD 20852
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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
    178 Rollins Ave Rockville, MD 20852
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