30 Gude Dr Rockville, MD 20850-1161

This exceptional 128,440 square foot, five-story office building in Rockville, Maryland presents a compelling investment opportunity. Situated on a 7.24-acre lot at the prominent intersection of Frederick Road/MD-355 and West Gude Drive, this property boasts high visibility and convenient access to major transportation arteries, including I-270, and the Rockville and Shady Grove Metro stations (both 1.4 miles away). The building, constructed in 1986, features 463 surface parking spaces and is currently 49.6% leased, with all current leases expiring by September 28, 2028. The property benefits from its MXE (Mixed-Use Employment) zoning, allowing for by-right residential development, aligning with the City of Rockville's comprehensive plan supporting increased housing. The building itself is well-maintained, with a recently replaced TPO roof (2015, 20-year warranty), and offers high ceiling heights (14'-8" on the first floor, 13'-4" on floors 2-5), suitable for conversion to medical or life science uses. Building amenities include a fitness center with locker rooms and showers, and a conference center. The building's robust infrastructure includes a concrete slab-on-grade foundation, steel-framed structure, brick veneer and curtain wall exterior, two passenger elevators, one freight elevator, and a fully sprinklered fire protection system. Utilities include public water and sewer, with natural gas available. This property offers a strong income stream from existing leases, coupled with significant redevelopment potential in a high-demand location. A conceptual plan illustrating the potential for 150 stacked townhomes is available.