7340 Westlake Ter, Bethesda, MD 20817
This exceptional freestanding retail property in the highly desirable Bethesda submarket presents a unique investment opportunity. Situated on 1.3 acres, the property boasts a prominent location with excellent visibility and accessibility. Currently configured as a bank building, it offers a versatile space ideal for various financial services businesses, including wealth management and banking. The existing structure features approximately 9,000 square feet of space (or a smaller 2,000 square foot option) with ample outdoor area, perfect for expansion or adaptation to suit a variety of needs. The property includes 19 surface parking spaces and three convenient drive-thru lanes, ensuring ease of access for customers. Its strategic location allows businesses to effectively serve the affluent communities of Potomac, North Bethesda, Bethesda, and Rockville. The surrounding area boasts an average household income exceeding $200,000 within a 3-mile radius, indicating a strong and affluent customer base. Nearby banks hold over $8.2 billion in deposits, highlighting the significant financial activity in the immediate vicinity. This property offers a rare combination of size, location, and amenities, making it an exceptional opportunity for businesses seeking a high-profile presence in a thriving market. The flexible layout allows for customization to meet specific business requirements.
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Frederick Heating & Air Conditioning Co. Hardware & Home Improvement General Contractor
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Bethesda Attic Insulation Company General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.