201 Middle Ln Rockville, MD 20850
- Commercial real estate
- 2,204 SF
Current Use by Public Records
- DOMOISHI ramen-poke-tea-wings / Ramen Restaurant / Asian Restaurant
- Domoishi赵家腊汁肉Asian food hall / Rice Restaurant
- Pearl Lady / Bubble Tea Store
Property Details for 201 Middle Ln
- Property size
- 2,204 SF
- Property type
- Commercial real estate
Description
This exceptional business opportunity presents a thriving restaurant in the heart of Rockville, Maryland. Located at 201 E Middle Ln, 20850, this 2,204 square foot, Class A property boasts a prime corner location with excellent street visibility and high foot traffic. The single-story building, renovated in 2018, features two units and offers a Net Net Net (NNN) lease. The current tenant is credit-rated, ensuring financial stability. The asking price is $100,000, translating to a price per square foot of $45.37. Additional parking is available. The business currently operates as a Chinese-Japanese restaurant, generating approximately $8,200 in monthly rent and fees. Note that the brand name is not included in the sale. This presents a unique chance to establish your own concept in a highly desirable location with existing infrastructure and a proven track record. The property's strategic position at a major intersection ensures maximum exposure and accessibility for customers. This is an ideal investment for an experienced restaurateur seeking a turnkey operation or an entrepreneur looking to establish a new venture in a vibrant and established market. The property's strong financials and prime location make it a compelling investment opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockville
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.1507
- Latitude
- 39.0849