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    1700 Rockville Pike Rockville, MD 20852

    Sponsored
    For Lease
    $32 SF/Yr

    Modern Office Suites, Rockville, MD

    Lot size:
    163,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This six-story, Class B office building at 1700 Rockville Pike in Rockville, Maryland (zip code 20852), offers 163,936 square feet of versatile space. Built in 1983 and extensively renovated in 2022, the property boasts a range of office options, from 270 square feet to 5,631 square feet, suitable for various business needs. The building features multiple tenancies, ample parking (623 spaces), and four elevators for convenient access. Located directly adjacent to the Twinbrook Metro Station (Red Line), it provides excellent transit access. The property benefits from its proximity to the vibrant Pike & Rose development, including a Wegmans, and is attached to a Hilton Hotel, offering convenient access to a restaurant, café, and conference facilities. Recent renovations include a modernized lobby, updated restrooms, refreshed common areas, and the addition of a new conference center, a fitness studio with shower and locker rooms, a tenant lounge, and meditation rooms. Montgomery County location.

    Property Features for 1700 Rockville Pike

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    163,936 SF
    Class
    B
    Total Rate
    443993.33

    Building Details

    Year Built/Renovated
    1983/2022
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    1st Floor
    Size
    4,773 SF
    Rate per SF
    $32
    Space
    2nd Floor
    Size
    2,068 SF
    Rate per SF
    $32
    Space
    Executive Suites
    Size
    360 SF
    Rate per SF
    $11,400
    Space
    3rd Floor
    Size
    4,797 SF
    Rate per SF
    $32
    Space
    2nd Floor
    Size
    1,011 SF
    Rate per SF
    $32
    Space
    4th Floor
    Size
    5,631 SF
    Rate per SF
    $32
    Space
    2nd Floor - 270
    Size
    1,695 SF
    Rate per SF
    $32
    Space
    4th Floor
    Size
    856 SF
    Rate per SF
    $32
    Space
    5th Floor - 505
    Size
    2,940 SF
    Rate per SF
    $32
    Space
    2nd Floor
    Size
    5,127 SF
    Rate per SF
    $32

    HighLights

    • Six‑story, 163,936 SF Class B office building in Rockville, MD (20852), renovated in 2022.
    • Ample parking (623 spaces) and four elevators.
    • Attached to Hilton Hotel with restaurant and conference facilities.
    • Adjacent to Twinbrook Metro Station (Red Line) and Pike & Rose development (including Wegmans).
    Property Profile Location Intelligence

    Current Use by Public Records

    United Development USA ... Software Company Dovel Technologies Software Company National Minority Manufacturing ... Manufacturer Abbott Laboratories Medical Laboratory Business Law Associates, ... Law Firm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.123164
    Latitude
    39.0616823

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    FAQs

    What type of property is this?
    Coworking space - Modern Office Suites, Rockville, MD
    Where is this coworking space located?
    The property is located at 1700 Rockville Pike Rockville, MD.
    What is the lease rate?
    The lease rate is $32-$11,400 SF/Yr.
    What are key features of this property?
    This property features: Six-story, 163,936 SF Class B office building in Rockville, MD (20852), renovated in 2022.; Ample parking (623 spaces) and four elevators.; Attached to Hilton Hotel with restaurant and conference facilities.
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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
    1700 Rockville Pike Rockville, MD 20852
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