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12300 Washington Ave 17,880 SF 100% Leased Flex Building Rockville, MD 20852 For Sale
INVESTMENT HIGHLIGHTS
- Thriving in-fill industrial submarket with only a 5.0% vacancy rate
- Premier location provides immediate access to I-270, Rockville Pike, and WMATA’s Red Line via the Twinbrook station
- Located adjacent to the Twinbrook redevelopment plan providing future upside and additional mixed-use
- Excellent regional connectivity via highway accessibility with proximity to I-495 (the Capital Beltway)
EXECUTIVE SUMMARY
12300 Washington Ave is located within the Rockville submarket of Montgomery County, Maryland. Regarded as one of the most sought-after industrial markets in the DC Metro Region, the location offers excellent regional connectivity with accessibility to I-495 (the Capital Beltway) and I-270. Located within the Twinbrook redevelopment plan, the area surrounding the subject property has welcomed several mixed-use and residential developments over the past few years. The submarket’s proximity to the WMATA’s Twinbrook station and major regional highways has attracted residents and employers alike.
Link To CBRE Listing Page: https://www.cbredealflow.com/handler/modern.aspx?pv=VcJnmoJ9fVQSUo2C3Y06GLAj_vgfVo_jGHL9Gb2nHuLbgFwY4csFwR5-d6bb73VP#_top
Link To CBRE Listing Page: https://www.cbredealflow.com/handler/modern.aspx?pv=VcJnmoJ9fVQSUo2C3Y06GLAj_vgfVo_jGHL9Gb2nHuLbgFwY4csFwR5-d6bb73VP#_top
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 2 |
| Property Type | Flex | Year Built | 1962 |
| Property Subtype | Flex Research & Development | Parking Ratio | 1.79/1,000 SF |
| Building Class | B | Clear Ceiling Height | 12’ |
| Lot Size | 0.24 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 17,880 SF | ||
| Zoning | IL 1.0 - Light Industrial- moderate intensity light industrial and business services uses | ||
| Sale Type | Investment NNN |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 0.24 AC |
| Rentable Building Area | 17,880 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.79/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 2 |
| Zoning | IL 1.0 - Light Industrial- moderate intensity light industrial and business services uses |
AMENITIES
- Bio-Tech/ Lab Space
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $412,364 CAD | Total Assessment | $4,766,785 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$412,364 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,766,785 CAD
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12300 Washington Ave
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