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11255 New Hampshire Ave 126,578 - 268,394 SF of Retail Space Available in Silver Spring, MD 20904
SUBLEASE HIGHLIGHTS
- High Visibility Location: Prime frontage on Columbia Pike and New Hampshire Ave with a combined ~105,000 VPD.
- Strong Demographics: Over 411,000 residents within 5 miles and average household income above $95K.
- Flexible Space: 268,394 SF building divisible to suit tenant needs, with demising plans available.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 141,816 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 126,578 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Lower Level
Existing Sears
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Can be combined with additional space(s) for up to 268,394 SF of adjacent space
1st Floor
Existing Sears
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Can be combined with additional space(s) for up to 268,394 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 11255 NEW HAMPSHIRE AVE, SILVER SPRING, MD 20904
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Sears
- Dept Store
- 89
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Sears | Dept Store | 89 | National |
PROPERTY FACTS
| Total Space Available | 268,394 SF | Total Land Area | 12.41 AC |
| Property Type | Retail | Year Built/Renovated | 1967/1993 |
| Property Subtype | Department Store | Parking Ratio | 3.18/1,000 SF |
| Gross Leasable Area | 268,394 SF | Cross Streets | Lockwood Dr |
| Total Space Available | 268,394 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 268,394 SF |
| Total Land Area | 12.41 AC |
| Year Built/Renovated | 1967/1993 |
| Parking Ratio | 3.18/1,000 SF |
| Cross Streets | Lockwood Dr |
ABOUT THE PROPERTY
Formerly a 268,394-square-foot Sears, this exceptional property sits on a rare and expansive 7.09-acre parcel in Montgomery County. Offering outstanding visibility from both Columbia Pike (~65,000 VPD) and New Hampshire Avenue (~40,000 VPD), the site boasts premier exposure and accessibility. The building is divisible to suit a variety of size requirements, with demising plans available upon request. The ground floor spans 141,816 SF with generous ceiling heights (slab to slab approximately 21’3”; slab to drop approximately 14’11”), while the lower level offers an additional 126,578 SF (slab to slab approximately 16’4”; slab to drop approximately 10’11”). Positioned directly across from a high-traffic Giant Food, the property features significant frontage and is ideally located in a high-demand trade area. Surrounded by best-in-class demographics, it benefits from a population of over 411,000 within a 5-mile radius and an average household income exceeding $95,000, making it a prime opportunity for a wide range of commercial redevelopment or adaptive reuse.
NEARBY MAJOR RETAILERS
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11255 New Hampshire Ave
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