Property profile

12410 Milestone Center Dr Unit 600 600 Germantown, MD 20876

FOR LEASE
Office buildings
Property ID
US40-1603457
187,500 SF 8.97 ac lot Built 2002
Entity Owned 2-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Recording Studio
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

12410 Milestone Center Dr Unit 600, Unit 600 Germantown, MD 20876
Germantown metro Census 700313 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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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

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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