Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    303 Copley Pl Gaithersburg, MD 20878

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Large Retail Space in Gaithersburg, MD

    Lot size:
    258,000 SF

    Property Features for 303 Copley Pl

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    258,000 SF

    Spaces For Lease

    at 303 Copley Pl, Gaithersburg, MD 20878 Contact us

    We can help!

    Listing Contact
    Ashley O'Malley
    Ashley O'Malley

    Listing Agency: SHOP Companies Dallas Listing Agent: Ashley O'Malley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Crown presents a significant retail opportunity in Gaithersburg, Maryland, a highly affluent and educated community. This 258,000 square foot mixed-use development, situated on a sprawling 180-acre lot in Montgomery County, is the centerpiece of a larger urban masterplan. Currently, 255,000 square feet of retail space is available for lease, offering a unique chance to establish a presence in a thriving, dynamic environment. The property boasts a strong tenant mix, including established national brands and popular local favorites. Anchored by Harris Teeter, Ruth's Chris Steak House, Coastal Flats, Ted's Bulletin, Paladar, The Pour House, and Ted's Montana Grill, Downtown Crown provides a vibrant atmosphere and significant foot traffic. This prime location within a master-planned community positions businesses for success in a live-work-play environment, catering to a sophisticated and discerning clientele. The expansive space allows for significant customization and adaptability to suit a variety of retail concepts. This is an exceptional opportunity to secure a prominent position in one of the most desirable retail destinations in Montgomery County. The sheer scale of the available space, combined with the existing strong tenant lineup and the overall master-planned community context, presents a compelling investment proposition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Downtown Crown Wine ... Specialty Food Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2067384
    Latitude
    39.1151884

    Nearby Similar for Lease

    • New
      $1,959 /Mo

      Gaithersburg Retail/Office Space Available

      Professional retail/office space with utilities included in CAM charges.
      312 Main St, Gaithersburg, MD 20878
      View Details
    • Sponsored
      Contact for pricing

      Washingtonian Boulevard

      Meet, work or collaborate in our professional Columbia Center business center
      9711 Washingtonian Blvd, Gaithersburg, MD 20878
      View Details
    • $2,400 /Mo
      2,178 SF

      Gaithersburg Office Space for Lease

      Well-maintained 880 SF office suite in Russell Office Park.
      945 Russell Ave, Gaithersburg, MD 20879
      View Details
    • $1,300 /Mo
      2,178 SF

      Gaithersburg Office Condo For Rent

      Second-level office condo in Russell Office Park, ready for occupancy.
      965 Russell Ave, Gaithersburg, MD 20879
      View Details
    • $23 SF/Yr
      24,323 SF

      Plug and Play Office Sublease

      Full floor office sublease with abundant natural light and furniture.
      9711 Washingtonian Blvd, Gaithersburg, MD 20878
      View Details
    • $4,500 /Mo

      Gaithersburg Office Building For Rent

      Office building in Gaithersburg with CD zoning available for rent.
      212 Frederick Ave S, Gaithersburg, MD 20877
      View Details
    • $6,900 /Mo

      Gaithersburg Commercial Space Available

      Office, retail, or warehouse space available for immediate occupancy.
      411 E Diamond Ave, Gaithersburg, MD 20877
      View Details
    • $700 /Mo

      Gaithersburg Office Space Available

      Shared office space near NIST and DMV, Gaithersburg.
      847 Quince Orchard Blvd, Gaithersburg, MD 20878
      View Details
    • Contact for pricing
      24,637 SF

      Gaithersburg Office Space For Rent

      Office space in Gaithersburg with exterior entrance and parking.
      904 Wind River Ln, Gaithersburg, MD 20878
      View Details
    • Contact for pricing
      2,168 SF

      Retail Space in Grocery-Anchored Center

      Retail spaces available in a renovated, high-visibility shopping center.
      16510-16520 S Westland Dr, Gaithersburg, MD 20877
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space in Diamond Square

      Retail spaces available for lease in Gaithersburg, Maryland.
      28 Bureau Dr, Gaithersburg, MD 20878
      View Details
    • $44 SF/Yr
      3,900 SF

      Automotive Building with Six Bays

      3,900 SF corner building with six automotive bays for rent.
      457 N Frederick Ave, Gaithersburg, MD 20877
      View Details

    FAQs

    What type of property is this?
    Retail property - Large Retail Space in Gaithersburg, MD
    Where is this retail property located?
    The property is located at 303 Copley Pl Gaithersburg, MD.
    What are key features of this property?
    This property features: Retail property totaling 258,000 square feet.; Currently, 255,000 square feet of retail space is available for lease.; Located on an 180-acre lot in Montgomery County.
    Request Owner's contact information
    303 Copley Pl Gaithersburg, MD 20878
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    303 Copley Pl
    Gaithersburg, MD 20878
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    303 Copley Pl Gaithersburg, MD 20878
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ashley O'Malley
    Ashley O'Malley
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!