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Property profile & analytics
FOR LEASE
Office buildings

12410 Milestone Center Dr 600 Germantown, MD 20876

187,500 SF 8.97 ac lot Built 2002
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US40-1603457
Property summary
AI-generated overview

This Class A, 15,335 square foot office building in Montgomery County, renovated in 2019, offers a diverse range of workspace solutions. The property features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Options include executive suites, coworking spaces, and creative offices, catering to businesses of all sizes. Amenities include high-speed Wi-Fi, administrative support, reception services, mail handling, and access to common areas such as lounges, kitchens, and coffee areas. On-site services may include printing, telephone, and access to meeting rooms. The building is equipped with elevators. Tailored office solutions are available, ranging from single-person private offices to large open-plan spaces accommodating up to 100+ desks. Flexible membership options provide access to various shared spaces and services, with options for daily, monthly, or longer-term commitments. The building prioritizes a safe and productive work environment for its tenants. This location provides a prestigious business address and is part of a global network of workspaces, offering unparalleled convenience and flexibility. The building offers 24/7 access for many options. Note that images shown may not represent this specific center.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Total area 187,500 SF
Lot 8.97 ac (390,733 SF)
Zoning code CR2.0
APN 02-03625583
UPID US40-1603457
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • HIT MUSIC PRODUCTIONS & RECORDING STUDIO Recording Studio
  • Ultra Electronics, 3eTI (Bike/Boat/Book/etc) Store Corporate Office
  • Syntelic Solutions Corporation (Bike/Boat/Book/etc) Store Corporate Office
  • BarcodeShack (Bike/Boat/Book/etc) Store Corporate Office
  • mElimu LLC (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Germantown Milestone 2 LLC · 2 yrs held
Germantown Milestone 2 LLC
since 2024
Last sale
$4.7M
6 recorded transactions
2024
$4.7M
2020
Price N/A
2018
Price N/A
2014
$128.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CR2.0 · Germantown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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