Property profile

2 Bethesda Metro Ctr Bethesda, MD 20814

FOR LEASE
Office buildings
Property ID
US40-0725697
298,708 SF 1.14 ac lot Built 1999
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office space in Bethesda, Montgomery County, Maryland, offers a diverse range of solutions for businesses of all sizes. Located at 2 Bethesda Metro Center, 1st Floor, zip code 20814, this property provides multiple tenancy options within a vibrant and convenient location. The space caters to various needs, including traditional office setups, executive suites, coworking areas, medical offices, and creative workspaces. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, tailored to specific requirements. These options range from serviced offices to custom designs, even including disaster recovery spaces and day offices. A comprehensive benefits program, featuring exclusive discounts and procurement support, is also available. Beyond private offices, the location offers coworking spaces, providing a collaborative environment with hot-desking and daily rental options. Meeting rooms are available for various needs, from informal chats to large conferences, equipped with Wi-Fi and presentation technology. Virtual office solutions are also provided, including prestigious business addresses, mail handling, and virtual assistant services, with options for lounge access and occasional office use. Flexible working plans offer global access to a vast network of business lounges and workspaces. This property presents a unique opportunity to secure a workspace that perfectly aligns with your business's specific needs and growth trajectory.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction STEEL FRAME
Total area 298,708 SF
Lot 1.14 ac (49,785 SF)
Zoning code CR8.0
APN 07-03015406
UPID US40-0725697

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
  • Financial Advisor
  • Real Estate Agency
  • Financial Advisor
  • Real Estate Agency
  • Medical Clinic

Location

2 Bethesda Metro Ctr Bethesda, MD 20814
Bethesda metro Census 704804 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$124.60M
Blend (final) Blend
$101.95M

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2001
Price N/A
1998
Price N/A
1998
$11.0M

Zoning & alternative use

CR8.0 · Bethesda, MD
Top alternative use upside
Retail stores $165.0M +32.7%
Industrial (general) $142.3M +14.5%

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?”
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