Property profile

401 E Jefferson St 203 Rockville, MD 20850

FOR LEASE
Office Spaces
Property ID
US40-0821521
22,853 SF Built 1970
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional medical office space in Rockville, MD, offers 1,777 to 2,554 square feet of immediately available space within a well-maintained, two-story, 22,853 square foot building at 401 E Jefferson Street. Built in 1970 and renovated in 1999, this Class C property features a unique townhouse-style design, with each unit offering complete self-containment, including private entrances, bathrooms, kitchenettes, and individual HVAC systems. This setup provides tenants with maximum efficiency and cost-effectiveness, paying only for their utilized space. The property boasts 89 surface parking spaces, ensuring ample parking for tenants and visitors. Conveniently located near the Rockville Metro Station (0.2 miles), this location offers unparalleled accessibility. The property is suitable for various uses, including medical offices, and allows for outdoor signage. Lease terms are flexible, with a preference for three to ten-year agreements. It's a net lease, with tenants responsible only for taxes and electricity. The minimum divisible space is 1,777 square feet. This property presents a rare opportunity to secure a highly functional and conveniently located medical office space in a thriving Montgomery County location, zip code 20850. Prospective tenants should be prepared to submit an application, first month's rent, security deposit, and a signed personal guaranty.

Property profile

Verified
Property type Office Spaces
Year built 1970
Total area 22,853 SF
UPID US40-0821521

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
  • Dental Office
  • Gym & Fitness Center
  • Law Firm
  • Law Firm
  • Law Firm

Location

401 E Jefferson St, Unit 203 Rockville, MD 20850
Rockville metro
Google Maps

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message