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174-188 Rollins Ave 1,200 SF of Retail Space Available in Rockville, MD 20852
HIGHLIGHTS
- Great retail location with on-site private surface parking
- Monument Sign
- Rear entrance from surface parking
- Retail Frontage facing heavily traveled intersection of Rollins/E Jefferson Street
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 178 | 1,200 SF | Negotiable | $51.93 CAD/SF/YR $4.33 CAD/SF/MO $62,321 CAD/YR $5,193 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 178
This highly visible location offers great retail frontage, large display windows in the front of the suite with rear entrace with opportunity for building signage on front and back of building; convenient client surface lot parking in the rear. The suite includes front and rear entrances, a bathroom, and a janitorial closet. The area boasts strong demographics, with an average household income of $141,679 and a population of over 22,000 within one mile. Brokerage commissions - up to 5% and Landlord amortized Ti's Available
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Display Window
- On-Site Parking
- Monument Sign
- Direct Access
- Front & Rear Entrance
- Open Concept
- Private Bathroom
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.
SITE PLAN
SELECT TENANTS AT 174-188 ROLLINS AVE, ROCKVILLE, MD 20852
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- EMI Spa
- Services
- -
- -
- Oh Mama Grill
- Restaurant
- 1
- -
- Rollins Care Pharmacy
- -
- -
- -
- Vandad Vape
- Retailer
- -
- -
- WaveMAX Laundry
- Laundry
- 63
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| EMI Spa | Services | - | - |
| Oh Mama Grill | Restaurant | 1 | - |
| Rollins Care Pharmacy | - | - | - |
| Vandad Vape | Retailer | - | - |
| WaveMAX Laundry | Laundry | 63 | National |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Total Land Area | 0.63 AC |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.59/1,000 SF |
| Gross Leasable Area | 9,300 SF |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,300 SF |
| Total Land Area | 0.63 AC |
| Year Built | 1967 |
| Parking Ratio | 5.59/1,000 SF |
ABOUT THE PROPERTY
Rollins Avenue is located in a well established, boutique neighborhood with ample surface parking located near numerous walkable multifamily and retail properties. Property is well maintained and in a great retail location. Adjacent properties include Federal Plaza, Panera, WaveMax Laundry, Oh Mama Grill and numerous multifamily complexes within walking distance. Retail frontage facing heavily traveled intersection of Rollins Avenue and E Jefferson Street. This location is ideal for office space, retail or service businesses. Located .4 miles from Twinbrook Metro Station and .2 miles from Rockville Pike. - Well located Neighborhood strip center with locally owned restaurant, spa, pharmacy, and high end dry cleaning - NNN Lease with submetered utilities per unit except water - Located off of Rockville Pike - Walk score 83 - Retail frontage - Open layout with private bathroom and storage/cleaning room - Negotiable Lease terms - desired minimum 3 year lease - $145,717 – avg household income within 5-mile radius Offering 5% Tenant Rep - on 5+year deals*
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Accent Lighting
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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174-188 Rollins Ave
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