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The Shops at Congressional Village 1701-1765 Rockville Pike 99,192 SF 96% Leased 4-Star Retail Building Rockville, MD 20852 For Sale
Executive Summary
Atlantic Capital Partners is pleased to present the
opportunity to purchase The Shops at Congressional
Village, a 99,192-square-foot
unanchored community retail center located in the heart
of the Rockville Pike Corridor in Rockville, Maryland. The
Property is leased to 23 tenants offering a diversified mix
of necessity-based retail, restaurant, and service uses,
benefiting from strong household incomes and dense
surrounding residential communities within one of the
most affluent trade areas in the Washington, DC MSA.
The Shops at Congressional Village features outstanding
frontage and visibility, with over 265 feet of frontage
along Rockville Pike (46,119 VPD), one of the region’s
most active infill, mixed-use corridors. The surrounding
submarket is undergoing continued transformation
driven by transit-oriented development, new multifamily
construction, and sustained public and private
investment, supporting long-term tenant demand and
positioning the Property as a defensive retail investment
in a supply-constrained, high-barrier-to-entry location.
opportunity to purchase The Shops at Congressional
Village, a 99,192-square-foot
unanchored community retail center located in the heart
of the Rockville Pike Corridor in Rockville, Maryland. The
Property is leased to 23 tenants offering a diversified mix
of necessity-based retail, restaurant, and service uses,
benefiting from strong household incomes and dense
surrounding residential communities within one of the
most affluent trade areas in the Washington, DC MSA.
The Shops at Congressional Village features outstanding
frontage and visibility, with over 265 feet of frontage
along Rockville Pike (46,119 VPD), one of the region’s
most active infill, mixed-use corridors. The surrounding
submarket is undergoing continued transformation
driven by transit-oriented development, new multifamily
construction, and sustained public and private
investment, supporting long-term tenant demand and
positioning the Property as a defensive retail investment
in a supply-constrained, high-barrier-to-entry location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
99,192 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2004/2024
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Lot Size
5.85 AC
Opportunity Zone
Yes
Zoning
MXCD - Mixed-Use Corridor District
Parking
211 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Metro/Subway
- Signage
- Signalized Intersection
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-03395627 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $41,383,566 CAD |
Property Taxes
Parcel Number
04-03395627
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$41,383,566 CAD
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The Shops at Congressional Village | 1701-1765 Rockville Pike
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